The nation’s government bonds are the world’s worst performers in January, losing 4.19 percent in local currency terms and extending their decline over the past three months to 10 percent, Bloomberg/EFFAS indexes show. Credit-default swaps tied to Greece trade at about the same levels as

Jan. 29 (Bloomberg) -- The euro may extend its decline after dropping to a nine-month low versus the yen and falling versus the dollar as Greece’s and Portugal’s budget crises spurred a retreat from riskier assets. The 16-nation currency fell yesterday against most of its major

The Greek leader admitted his country has a "credibility gap," but rejected a report that Greece was seeking a bailout from its European Union partners. "There is an attack on the eurozone by certain ... interests, political or financial, and often countries are being used as the weak link for

Greece is under attack for speculative or political reasons as a "weak link" in Europe's single currency area, Prime Minister George Papandreou said on Thursday. The Greek leader admitted his country has a "credibility gap," but rejected a report that Greece was seeking a bailout from