US: Greek deal failure would spur economic uncertainty
US Treasury Secretary Jacob Lew warned Friday that the European and global economies could face uncertainty if EU negotiations on more financing for Greece fail.
Apr 18, 2015, 03:23 AM IST
No cash for Greece until reforms agreed: Dombrovskis
Despite tightening liquidity, Greece is unlikely to get any money from euro zone finance ministers at an April 24 meeting because it is dragging its feet on reforms, European Commission Vice President Valdis Dombrovskis said on Friday.
Apr 18, 2015, 03:06 AM IST
Greece mixes defiance, compromise as lending deal slips away
Greece on Thursday sounded a mix of defiance and willingness to compromise with its international creditors on reforms required to unlock more loans, as it faces running out of money ahead of debt repayments next month.
Apr 17, 2015, 06:37 AM IST
Greek finance minister says cannot sign existing loan deal
Greece cannot simply sign up for an existing agreement on its debt that will not solve its economic problems, Finance Minister Yanis Varoufakis said on the sidelines of the International Monetary Fund meetings on Thursday.
Apr 17, 2015, 04:03 AM IST
IMF's Lagarde says Greece should not delay payments
The head of the International Monetary Fund on Thursday signalled that the IMF would not agree to let Greece delay a scheduled bailout payment, saying the Fund needed to protect its sterling reputation as a global lender.
Apr 17, 2015, 04:02 AM IST
Greece fails to convince Europe on 1.2 bn euro payment
Greece does not have the right to 1.2 billion euros (USD 1.3 billion) it believed it mistakenly returned to the eurozone`s bailout fund, an spokesman for the fund said Wednesday after talks with Greek officials.
Mar 25, 2015, 21:20 PM IST
Greece wants 1.2 billion euros back from EU bailout fund: source
Cash-strapped Greece wants the European Union`s rescue fund to return 1.2 billion euros (USD 1.3 billion) unduly handed over by Athens, a source with knowledge of the issue said Tuesday.
Mar 24, 2015, 23:11 PM IST
European stocks climb at open before UK budget, Fed
European stocks climbed Friday, with London striking a fresh record peak on takeover news and after Greece pledged new plans to reform its bailout, dealers said.
Mar 20, 2015, 18:16 PM IST
EU, Germany raise new alarm over Greece bailout
EU Commission chief Jean-Claude Juncker warned Friday of an alarming lack of progress in talks on Greece`s bailout, as Germany raised the spectre of a tumultuous Greek exit from the euro.
Mar 13, 2015, 22:25 PM IST
Greece bashes Germany again as loan talks begin
Greece on Wednesday renewed attacks on its top paymaster Germany as technical experts began talks on the crisis-hit country`s new reform proposals.
Mar 11, 2015, 20:51 PM IST
Greece warns of possible referendum ahead of crucial meeting
Finance minister Yanis Varoufakis has upped the stakes sharply ahead of Monday`s crucial Eurogroup meeting in Brussels by raising the prospect of new Greek elections or even a referendum on any debt deal.
Mar 08, 2015, 19:30 PM IST
Greek PM Alexis Tsipras seeks EU talks after ECB snub
Greek Prime Minister Alexis Tsipras has requested a meeting with European Commission chief Jean-Claude Juncker, a government source said Friday, after Athens got no help from the European Central Bank to address a cash squeeze.
Mar 06, 2015, 15:19 PM IST
Where Greece hopes to find cash - and why the ECB says no
Cash-strapped Greece had been hoping that the European Central Bank -- which is about to pump billions into the eurozone economy -- would help ease its torment, but so far the ECB has been markedly reluctant to come to its aid.
Mar 05, 2015, 21:28 PM IST
EU focused on current Greek bailout: Angela Merkel
German Chancellor Angela Merkel said Wednesday that the EU was focused on completing Greece`s current bailout, playing down any talk of a third rescue package for debt-hit Athens.
Mar 04, 2015, 21:23 PM IST
IMF rules out fresh bailout for Sri Lanka
The IMF on Wednesday ruled out a fresh bail-out for Sri Lanka, which had hoped to secure loans of more than $4.0 billion to restructure expensive debt taken on by the previous regime.
Mar 04, 2015, 17:15 PM IST
EU deal a `fig leaf` for Greece: FM Varoufakis
Greece`s maverick Finance Minister Yanis Varoufakis on Friday called a hard-fought EU deal securing a bailout extension a "fig leaf" vaguely worded "deliberately" to secure approval by European parliaments.
Feb 27, 2015, 18:10 PM IST
German parliament approve Greek bailout extension
Germany`s parliament approved an extension of Greece`s bailout on Friday after Finance Minister Wolfgang Schaeuble, who has voiced doubts about whether Athens can be trusted, promised he would not let Greece "blackmail" its euro zone partners.
Feb 27, 2015, 17:59 PM IST
Tensions with Germany over 'greedy' Greece's debt
Tensions emerged Thursday between Greece and Germany as attention turned to Athens`s huge debt pile two days after the stricken eurozone country secured an extension of its bailout.
Feb 26, 2015, 19:29 PM IST
Greek programme must be realistically funded: EU commissioner
European Union (EU) Economic and Financial Affairs Commissioner Pierre Moscovici Monday said the reform programme that will be submitted by the Greek government has to be ambitious, but also realistically funded, and the commitments made by the country, not only the current government, must also be taken into account.
Feb 23, 2015, 17:53 PM IST
Greece rejects six-month extension of EU bailout, talks stall
Greece rejected a proposal by its euro zone partners on Monday that it should accept a six-month extension of its international bailout programme while sticking to the terms of its agreement with lenders, casting talks on its debt into disarray.
Feb 17, 2015, 00:15 AM IST
