“Greece” on The Daily Caller

German and French officials have discussed plans for a radical overhaul of the European Union that would involve establishing a more integrated and potentially smaller euro zone, EU sources say. (more)

Italy is being touted as the country that is too big to save. And with the ECB legally prevented from being a lender of last resort, an Italian debt restructuring is inevitable, according to Nouriel Roubini. (more)

Mr Papandreou will meet Greek President Karolos Papoulias immediately after an emergency cabinet meeting has finished. (more)

ATHENS, Greece — The Greek government teetered and stock markets around the world plummeted Tuesday after a hard-won European plan to save the Greek economy was suddenly thrown into doubt by the prospect of a public vote. (more)

We all know the story of the prodigal son. Confident he knows what is best for him, he recklessly squanders his inheritance. The Occupy Wall Streeters are just that, the prodigal protesters. Disobedient to history’s lessons and ignoring what is going on just across the Atlantic in Greece, they make extravagant demands and, in achieving their ends, they squander the very wealth they seek. (more)

WASHINGTON (AP) — Top global finance officials are pledging to work decisively and in a coordinated way to deal with a European debt crisis and other dangers confronting the global economy. (more)

The debt crisis in Europe has finally, and officially, washed up on American shores. Last week, the mighty Federal Reserve moved to help European banks that have been having trouble finding people who are willing to lend them money. (more)

German Chancellor Angela Merkel said Greece is taking the right steps to get its next bailout payment, warning against allowing a Greek default because of the risk of contagion for other euro-area countries. (more)

German Chancellor Angela Merkel sought on Tuesday to quash talk of an imminent Greek default as the United States voiced concern at the euro zone’s inability to stem its debt crisis. (more)

Chancellor Angela Merkel’s government is preparing plans to shore up German banks in the event that Greece fails to meet the terms of its aid package and defaults, three coalition officials said. (more)

Financial markets are in a severe sell-off. The extended U.S. soft patch is a big part of it, though corporate profits, one of the most dependable leading indicators of an economy’s health, are holding up fine. The debt-limit fiasco undermined any hope that Washington’s current system of diffuse responsibility would provide spending restraint or structural reforms. Of more immediate concern, Europe’s debt crisis is getting worse. (more)

The sight of spray paint and the smell of urine are not welcome in any neighborhood. And when — as in Greece right now — they are common in a country’s capital city, around the finest public malls and buildings and along the swankiest shopping streets, they are a bad omen for all. (more)

The genius of politics often consists in disguising obvious facts. When it comes to Greece, a few facts should be clear. (more)

ATHENS, Greece (AP) — Greece’s lawmakers approved a key austerity bill Wednesday needed to avert default, despite a second day of rioting on the streets of Athens that left dozens of police and protesters injured. (more)

Talks about how to get private investors to contribute toward a new bailout for Greece widened Monday to include a possible buyback of Greek government bonds — but people at a meeting in Rome discussing the issue said there were no guarantees the ideas wouldn’t lead to a default by the heavily indebted nation. (more)

The riots in Greece point to President Obama’s single biggest re-election problem. (more)

BERLIN (AP) — Germany softened its position on giving Greece more help by agreeing with France on Friday that private investors would be involved only on a voluntary basis, a move that boosts hopes the debt-ridden country will get another rescue package. (more)

LONDON — European officials on Thursday sought to calm fears over a possible financial collapse in Greece, saying that short-term aid to Athens was imminent, even as the euro slumped and concern heightened that debt troubles could engulf larger economies such as Spain. (more)

While fears stirred by Greece’s deepening debt crisis raced Wednesday through global financial markets, a quick check of U.S. banks showed they risk losses on tens of billions of dollars should the Mediterranean nation default on its payments. (more)

Standard & Poor’s downgraded Greece’s credit rating by three notches Monday, making it the world’s lowest after the agency said a likely debt restructuring would be considered a default. (more)