David Beckham attends a ceremony in Athens where the Olympic flame is handed over to the UK delegation.

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VIDEO: Beckham: 2012 a special year

U.S. and European stocks bounced back after political leaders in Athens agreed to form a caretaker government for the purpose of holding new elections next month.

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European Stocks Bounce Back

The cuts are part of new austerity measures that Athens must agree on to secure rescue funds from international lenders.

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Greece to Eliminate 15,000 Government Jobs

The chief negotiators for Greece’s private creditors leave Athens without securing a deal to write off some of the country’s debts.

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Talks on Greek debt deal hit snag

Talks stall between Greece and its private sector lenders over a 50% debt write-off, which is needed to stop Athens going bust.

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Greece debt write-off talks stall

The Italian Senate approved a package of austerity measures, and in Athens, leaders of a new three-party coalition completed details of a unity government.

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Italy and Greece Move More Forcefully on Debt Crisis

Greek leaders meeting in Athens agree to form a new coalition government, with a fresh prime minister replacing the beleaguered George Papandreou.

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Greeks agree coalition government

A 24-hour public transport strike hits Greece and a mass protest looms in Athens as anger mounts over a new raft of tough austerity measures.

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Greeks strike over new austerity

Founded in Athens, Ga., in 1980, the band R.E.M. helped to invent the alternative-rock sound that influenced a generation of musicians.

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The End of R.E.M., and They Feel Fine

Newsnight’s Paul Mason reports from the streets of Athens where Greek police clashed with anti-austerity protesters near parliament, and unions held a general strike.

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VIDEO: Greece’s new level of social crisis

Greek leaders meeting in Athens fail to give cross-party support to Prime Minister George Papandreou’s new austerity plan.

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Greek austerity negotiations fail

Police in Athens clash with protesters as a major strike against austerity measures brings many services in Greece to a halt.

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Tear gas fired at Athens protest

Two Greek sprinters are given suspended jail terms for staging a motorbike crash to skip a doping test before the Athens Olympics.

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Greek sprinters guilty of perjury

A police officer in Athens was hit with a petrol bomb as more than thirty thousand protesters marched through the streets.

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VIDEO: Policeman hit by petrol bomb in Greece

Police fire tear gas to disperse stone-throwing demonstrators in Athens as a 24-hour general strike grips Greece.

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Clashes erupt amid Greece strike