Greece has announced a new austerity plan worth euro4.8 billion ($6.5 billion) in savings to deal with the country’s unprecedented financial crisis. Government spokesman Giorgos Petalotis says the measures are split with euro2.4 billion ($3.3...

Europe’s Mediterranean countries are feeling the economic crisis this summer as holiday destinations such as Greece, Portugal and Spain stagger through one of the worst tourist seasons in years. From the Costa del Sol to Cyprus, tourist arrivals...