Greece

Greek Officials Go All Out in London

The delegates have been frequenting one of London's most exclusive clubs, spending tens of thousands of euros.

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As Greece teeters on the verge of bankruptcy, the country's Olympic officials haven't refrained from spending tens of thousands of euros to hobnob in one of London's most exclusive members-only clubs, the UK's Independent reports.

For ordinary Greeks, the country's seemingly intractable financial crisis has sparked a wave of suicides and riots. And although Greece has recently secured a second 130 billion-euro bailout, the country's coalition government is struggling to hammer out $14.1 billion in austerity cuts for 2013-14.