"It may be easier for policymakers to recapitalize all the banks and let Greece default in a 'disorderly manner', because they [the policymakers] will have more control over the banks than they will over Greece," Patrick Armstrong, managing partner at Armstrong Investment Managers, told CNBC...

Eurogroup finance ministers agreed on providing collateral for loans to Greece, the Finnish government said on Tuesday. more...

Concerns still linger on the possibility of a spreading financial contagion coming after Greece defaults, with Scott Minerd, Guggenheim Partners. "US markets are oversold," he adds. more...

With only two countries apart from Slovakia left to approve the extension of the euro zone's bailout fund, all eyes are on the Eastern European nation of around 5 million people who are not keen on helping richer Greece.* more...

CNBC's Michelle Caruso-Cabrera explains how much debt Greece actually has and why the U.S. should care. more...

World stocks rebound on euro zone debt plan, as Greek Prime Minister, George Papandreou meets with Germany's Chancellor, Angel Merkel. CNBC's Silvia Wadhwa has the details. more...

Greece is expected to approve an unpopular property tax on Tuesday, prompting all kinds of strikes in retaliation — from transit workers to tax collectors. more...

"Although there seems to be some signs of movement on a bigger, and hopefully better, European bailout, all you can say about the Greece crisis is that it is still ongoing," Nick Carn, founder of Carn Macro Advisors, told CNBC. more...

Athens hopes to agree on a deal for additional aid during a conference call between Greece and the EU/EB and IMF, with CNBC's Michelle Caruso-Cabrera. more...

Greece will probably default but will not leave the euro zone, Fitch credit ratings agency said on Tuesday, as pressure increased on the Greek government to push through with fiscal reforms. more...

Leading German academics will tell Bundestag lawmakers on Monday they approve of new powers for the euro zone bailout fund but Greece will still need to restructure its debt, German daily Sueddeutsche Zeitung reports. more...

CNBC's Simon Hobbs shares details on the rally that started when the leaders of France and Germany signaled their support for Greece. more...

There are two major messages in statements released Wednesday night in Germany and France about their leaders' conference call with the Greek Prime Minister.* The first is that the feet of Greece will be held to the fire on austerity—that Athens MUST deliver on spending cuts, tax rises and...

"Clearly Greece is priced for default and that has been the case for some time. The thing with Greece is: when it defaults, and how it is allowed to default, to avoid contagion in its default," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC. more...

Goldman Sachs breaks the $100 level, with Rob Cox, Reuters Breaking Views, and a look at the deteriorating debt crisis in Greece, with Dennis Gartman, The Gartman Letter founder. more...

There is no room for extra measures, says Constantine Michalos, Athens Chamber of Commerce and Industry president, who adds that in the past , too much austerity does not promote growth. more...

CNBC's Carolin Schober has the story on Greece's tax to plug its shortfall as the country continues to run out of cash. more...

Greek Prime Minister George Papandreou said on Saturday he was determined to keep the country in the euro zone and will do whatever it takes to meet commitments agreed with international lenders. more...

The leader of Germany's Christian Social Union, one of three ruling parties in Chancellor Angela Merkel's center-right coalition, was quoted on Wednesday as saying he could not rule out Greece leaving the euro zone. more...

Greece’s finance minister has staunchly defended his handling of the country’s relations with international lenders, accusing his critics of promoting “a mood of uncertainty and scaremongering,”* the Financial Times reports. more...