To prevent another run on euro deposits in Greece’s crippled financial system, a weeklong bank closure began Monday, and residents were limited to about $66 in cash withdrawals from ATMs per day.

Greece must come up with a loan payment of $1.8 billion to the International Monetary Fund by Tuesday, June 30, to avoid a default. Greece and its creditors are still squabbling over a final deal ...

If all goes to plan, these measures will reduce Greece’s debt burden by one-fifth by 2060. While this may be a practical timetable given the size of the debt, it is not the most realistic solution.

The uncertainty over what happens next for debt-ridden Greece rattled markets on Monday. The euro pared early losses to trade down around 0.6 percent by midday, ...

Greece has asked for further debt relief from the Europeans, a move supported by the IMF. But euro zone governments have said they would only discuss that if Athens further tightens its budget.

The difference is that Greece’s debt, held mostly by private creditors in 2010, has since been absorbed by government agencies and international organizations, including the European Central Bank.

Greece's Debt: Who It Owes and How Much. Published Jun 16, 2015 at 3:25 PM EDT Updated Apr 03, 2016 at 9:15 PM EDT. Traders talk in front of the German share price index DAX board at the stock ...

Greece’s problems, and those looming over its neighbors, have laid bare the dangers of divergent fiscal and political policies in the euro zone.

Q. What does Greece want? A. Greece wants debt relief from its European creditors, including Germany and France, the European Central Bank (ECB) and the International Monetary Fund (IMF). Greece ...

Don’t Blame Germany for Greece’s Debt Crisis. 9 minute read. German Chancellor Angela Merkel at a press conference after meeting with Albanian Prime Minister Edi Rama in Tirana on July 8, 2015.

The Greek debt crisis certainly has all the ingredients for headline-grabbing drama, with its shuttered banks and imminent threat of default on an International Monetary Fund payment worth $1.8 ...

The measure most likely to rankle the French was a proposal to scrap two national holidays: Easter Monday and May 8, which ...