bailout

Greece, eurozone in high-stakes debt stand-off

Greece and its sceptical eurozone partners traded barbs Monday over rewriting the country`s massive bailout programme, deepening a bitter stand-off ahead of a make-or-break meeting in Brussels.

Feb 16, 2015, 19:50 PM IST

Greece confident ahead of EU meeting, but sticking to its no-austerity guns

Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.

Feb 15, 2015, 22:29 PM IST

Greece plays for time as bailout clock ticks down

Greece on Sunday expressed confidence that a deal with the EU over its loathed bailout could be reached, but also warned the February 28 deadline may be too tight.

Feb 15, 2015, 21:53 PM IST

Europe at `turning point` in bailout row: Greece`s Tsipras

Greece`s new prime minister Alexis Tsipras warned Thursday that Europe was at a critical crossroads as he prepared to discuss the row over the country`s huge bailout at a summit in Brussels.

Feb 12, 2015, 17:03 PM IST

Euro down as Greece talks break up but Nikkei surges

The euro dipped in Asian trade Thursday after talks between Greece and its European creditors on restructuring the country's bailout broke up without agreement.

Feb 12, 2015, 14:42 PM IST

IMF, Ukraine in deal for $17.5 bn bailout: Lagarde

The International Monetary Fund and conflict-torn Ukraine have reached a preliminary deal on a new financial rescue plan worth $17.5 billion dollars that could be a "turning point" for Kiev, Christine Lagarde said Thursday.

Feb 12, 2015, 14:09 PM IST

Dutch ING declares first dividend since 2008 crisis

Leading Dutch bank ING said Wednesday it planned paying a dividend for the first time since getting a state bailout in 2008, despite posting a 64 percent drop in net profit for 2014.

Feb 11, 2015, 14:50 PM IST

Greece refuses to bow to German pressure, no bailout extension: PM

Greece`s prime minister Alexis Tsipras said Tuesday that the country "cannot return to an age of bailouts and suppression," ahead of critical talks with Athens`s EU creditors.

Feb 11, 2015, 05:04 AM IST

Greek PM `unshakeable` on election pledges, calls for EU bridge loan

A defiant Prime Minister Alexis Tsipras on Sunday said he would be "unshakeable" in carrying out the new Greek government`s anti-austerity agenda as he called for temporary EU funding to help stave off a default.

Feb 09, 2015, 02:44 AM IST

Greece says no to bailout extension, pledges to honour debts

New Greek Prime Minister Alexis Tsipras said Sunday Athens did not want an extension of its bailout but insisted on the need for a "bridge programme" which would buy the country time to negotiate a new deal.

Feb 09, 2015, 01:39 AM IST

Isolated Greece wants no more bailout money with strings

Greece`s new leftist-led government, isolated in the euro zone and under pressure from the European Central Bank, said on Friday it wanted no more bailout money with strings attached from the European Union and International Monetary Fund.

Feb 07, 2015, 03:29 AM IST

Greece will need bailout extension: EU source

The EU`s huge bailout programme for Greece, which is due to end this month, will need to be extended but Athens and Brussels are still at loggerheads over the need for more austerity, a European official said Wednesday.

Dec 03, 2014, 22:16 PM IST

Eurozone growth stalls, France lags, deflation threatens

France risks getting left behind in the eurozone economic recovery.

Jun 29, 2014, 09:11 AM IST