Two of debt-hobbled Greece's top political rival factions are forced to merge efforts to create a coalition as the clock ticks and cash dwindles. [More]

The Greek president's call for citizens' yea or nay as to if the country should accept a bailout is a good way of acquiring public opinion on the issue, Bank of Canada Governor Mark Carney told a government committee on Tuesday. [More]

The dollar increased against a basket of six major currencies Wednesday, which may cause a decline in gold, Bloomberg reported. [More]

European finance ministers have decided to hold off on giving 12 billion euros to bail Greece out, which caused world stocks and crude prices to fall. [More]

The euro and European stocks rose Friday after German Chancellor Angela Merkel and French President Nicholas Sarkozy announced that they had come to agreement on a Greek debt solution, Reuters reported. [More]

The rand climbed 0.5 percent per dollar Monday, the first time in four days, according to a foreign exchange report by Bloomberg. [More]

German Finance Minister Wolfgang Schaeuble said on June 10 that bondholders should take a "fair share" of Greek aid. [More]

This week, the dollar dropped 0.5 percent to the yen and 1.6 percent to the Swiss franc, the Financial Times reported. [More]

Greece will be fine, will honor its debt and will not need to restructure its repayment plan, according to the Bank of Greece president whose words pushed up the value of the euro when compared to the dollar. [More]

The common currency of the European Union dropped sharply Monday morning, under pressure from investors and traders worried about sovereign debt issues. [More]