The German reluctance to underwrite struggling economies like Greece’s is based on its own experience of pouring $2 trillion into the former East Germany, to little immediate effect.

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German Reunion Pains Inform Attitude Toward Greece

The Home Office draws up contingency plans to cope with a possible large increase in immigration from Greece if the euro collapses.

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UK plans for EU immigration rise

EU leaders want Greece to stay in the eurozone but it must continue economic reforms, the European Council president says at a Brussels summit.

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EU ‘wants Greece in the eurozone’

Regional leaders meeting in Brussels failed to signal concrete steps to stimulate the economy or resolve the competing agendas of the German chancellor and the French president.

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Euro Zone Crisis Boils as Leaders Argue, Failing at Pact

European stock markets have fallen sharply amid concerns over Greece ahead of a European Union summit.

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Shares hit by concern over Greece

The move would involve complex legal and financial steps and could set back the economy further, many say.

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Greek Businesses Fear Switch From Euro Back to Drachma

Recall the reasons for the current euro panic: Greece is getting bailed out and, in return, it’s supposed to cut spending and raise taxes even further. But Greek voters don’t enjoy this austerity and are rebelling against politicians who agree to the deal. So Germany’s now hinting that Greece might get booted from the euro. Disaster, right? Read full article > >

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Perhaps Greece won’t leave the euro, after all

Prime Minister David Cameron warns EU leaders that uncertainty over the eurozone cannot be allowed to go on beyond upcoming elections in Greece.

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Cameron issues eurozone warnings

What happens if Greece quits the euro?

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What next if Greece quits the euro?

Concerns about whether debt-laden Greece will be forced to pull out of the eurozone, and what that would mean for a weakened European economy is the first topic on Saturday's agenda at the Group of Eight summit hosted by U.S. President Barack Obama, a senior administration official said.

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Greek crisis dominates G8 summit

The leaders of the G8 group of major economies say they want Greece to remain in the eurozone, and commit to promoting growth.

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G8 backs Greek euro membership

David Cameron says progress is being made in the G8 summit as world leaders says they want debt-stricken Greece to remain in the eurozone.

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PM: ‘Good progress’ on eurozone

The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.

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Alexis Tsipras, Greek Political Star, Puts Europe on Edge

ATHENS — Homeward bound after the Trojan War, Odysseus of Greek myth had to pick a path through seas harboring a monster with six heads and a whirlpool that digested ships whole. Now, whether modern Greece exits the euro — potentially triggering global economic turmoil in the process — depends on the tough choices of Ivi Moreti and her 11 million countrymen. Read full article > >

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World on their shoulders, Greeks face epic choice

Pronouncements about the consequences of leaving the euro seem to be falling on increasingly deaf ears.

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With Little to Lose, Many Greeks Shrug Off Dire Warnings