Greece in meltdown: Government on edge of collapse amid fears of coup as Europe teeters on the brink of financial disaster

Greece in meltdown: Government on edge of collapse amid fears of coup as Europe teeters on the brink of financial disaster
Greek cabinet vote unanimously to hold referendum on whether to uphold debt agreement
Generals face sack as coup rumours spread
Markets plunge as fears for the Euro grow

Greece reshuffles military chief amid crisis
Greece on Tuesday reshuffled its military chiefs amid a political crisis that could see a government downfall following a controversial decision to put an EU debt rescue deal to a referendum.

Greece shocks Europe with bailout referendum

Greece's prime minister George Papandreou has shocked Europe and the markets by announcing a referendum on accepting the latest bailout package, which comes with strict austerity requirements.

EU Troika drives Greece into humanitarian crisis
Greece is being driven into a humanitarian crisis by the International Monetary Fund, the European Central Bank and the EU commission, says Aris Chatzistefanou, director of the documentary "Debtocracy". The social achievements of the 20th century are being destroyed in Greece. For the first time since WW II, there is massive malnutrition of children. However, Greek citizens are not those to blame for the crisis, but a destructive financial system and a faulty design of the eurozone which drives some countries into overindebtment and brings excessive surplus to others - as in the case of Germany. The rescue packages have mainly served to bail out the banks again, not the citizens. Only if the citizens strive for real democracy as they have started in the Arab Spring and in the Occupy movements, real change is going to happen.

Greece plunges euro into crisis, France insists on debt deal
Greece plunged the eurozone back into crisis and markets into panic with a shock call for a referendum on a debt rescue package reached just days ago with huge difficulties.

MF Global collapses under euro-zone bets
MF Global's meltdown in less than a week made it the biggest US casualty of Europe's debt crisis, and the seventh-largest bankruptcy by assets in US history.