Athen's Default

Greek crisis threatens European dream: Analysts

Europe`s failure to solve the Greek debt crisis risks lasting damage to the post-war dream of "ever closer union" at a time when it faces new threats on its borders, analysts said.

Jun 29, 2015, 21:02 PM IST

Key meetings ahead over Greece crisis

The goal is to bridge the gap between the leftist Greek government and its EU-IMF creditors over the economic and budgetary reforms Athens needs to commit to in order to unblock the last tranche of 7.2 billion euros in the country`s second international bailout since 2010.

Jun 20, 2015, 23:38 PM IST

Asian shares and euro slip as Greece fails to reach debt deal

The euro slipped about 0.6 percent on the day to $1.1197, and was down 0.5 percent against the yen at 138.27."With no deal in sight, expectations for default and exit are likely to rise sharply in the days ahead," said Elsa Lignos senior currency strategist at RBC.

Jun 15, 2015, 13:19 PM IST

Greece needs rescue deal by June 18: Ministers

Greece needs to clinch a deal to unlock 7.2 billion euros in bailout funds by the end of June before its current EU-IMF rescue programme expires, leaving the cash-strapped country with no means of support against a looming default.

Jun 12, 2015, 15:11 PM IST

Greece in last-ditch EU talks to break debt deadlock

"It is not a take-it-or-leave-it document but an initiative to accelerate talks as the timing to get a deal in time for the end of the month is getting tight," a European source close to the negotiations told AFP.

Jun 03, 2015, 16:53 PM IST