Germany praises Greek stance shift in debt talks
Germany`s hardline finance minister Wolfgang Schaeuble on Sunday hailed a change in tone in talks with Greece over its next bailout but warned Europe would closely monitor the pace of reforms in Athens.
Aug 16, 2015, 19:45 PM IST
India's exports to Greece fall 15% on debt crisis: Govt
The financial crisis in Greece has led to a 15.45 percent fall in India's exports to the European nation during the first quarter of this fiscal, Parliament was informed Wednesday.
Aug 05, 2015, 19:40 PM IST
Ukraine`s crucial debt talks hit new hurdle
Ukraine and its creditors hit a new stumbling block Wednesday after a new debt restructuring offer from Kiev and call for a "decisive" final meeting drew only a lukewarm response.
Aug 05, 2015, 18:14 PM IST
Recent developments in the Greek debt crisis
Greece reaches agreement with eurozone creditors on terms for a third rescue package after 17 hours of negotiations. Greek Prime Minister Alexis Tsipras agrees to tough reforms in return for talks on a three-year bailout worth up to 86 billion euros ($93 billion).
Jul 22, 2015, 23:36 PM IST
GVK Coal under debt burden of $885 million
GVK Coal Developers, which owns mines in Australia, is burdened with USD 885 million of debt, according to GVK group's annual report.
Jul 21, 2015, 21:47 PM IST
German hardline finance chief Schaeuble, Europe's 'new boss'?
Germany`s Finance Minister Wolfgang Schaeuble insists he is deeply pro-European, but for many his unbending stance on Greece has cast him as a villain in the struggle to save Athens from crashing out of the euro.
Jul 17, 2015, 22:27 PM IST
Critics on left and right slam Greece debt 'coup'
Politicians on the far left and right accused European powers of negotiating with a "gun to the head" of Greece and terrorising and colonising it through Monday`s new debt deal.
Jul 14, 2015, 00:24 AM IST
Goldman Sachs could be sued for helping hide Greece's debts: Report
If Greece follows the advice of a former Goldman Sachs banker, the global investment banking firm could face legal action for helping hide the European country`s debts through complex transactions, a media report said on Saturday.
Jul 11, 2015, 19:29 PM IST
Deadline puts Greece`s euro membership, debt on the table
Greece was to submit a detailed bailout request to its eurozone partners Thursday in a last-ditch effort to save its collapsing economy and its place in the euro, with the EU president urging creditors to compromise on debt relief.
Jul 09, 2015, 19:31 PM IST
Yanis Varoufakis: Scourge of Greece`s creditors
Greece`s maverick finance minister Yanis Varoufakis, who announced his surprise resignation on Monday, achieved near-celebrity status with an urban-cool image and visceral attacks on the country`s international creditors.
Jul 06, 2015, 17:15 PM IST
Greece seeks last-minute debt deal as default nears
Greece asked for a fresh two-year rescue deal with the European Union on Tuesday in a final roll of the dice just hours before its current bailout expires and it misses a critical IMF payment.
Jul 01, 2015, 02:26 AM IST
Sole US rare-earths miner Molycorp files for bankruptcy
Molycorp, the sole US miner and producer of rare earth elements crucial in high-tech manufacturing, filed for bankruptcy protection on Thursday as it struggles with a mountain of debt.
Jun 26, 2015, 00:56 AM IST
In Greece, talk of dark agenda behind debt deadlock
Warnings of dark forces bent on pushing Greece out of the euro and its leftist government out of power have increasingly moved from the fringes towards the mainstream, as talks in Brussels to secure vital bailout funds enter their final phase.
Jun 25, 2015, 22:23 PM IST
Greece slams creditors as hopes dim for debt deal
Greek Prime Minister Alexis Tsipras lashed out at his country`s creditors ahead of critical talks Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.
Jun 24, 2015, 21:33 PM IST
Greek debt countdown to June 30
Greece along with its eurozone peers and creditors have just one week from Tuesday to nail down the detailed debt deal needed to keep the country afloat and safely in the single currency bloc.
Jun 23, 2015, 17:16 PM IST
Greece offer lifts hopes for debt deal this week
Greece`s international lenders raised hopes for a desperately needed bailout agreement this week to save Athens from default and a possible euro exit, despite failing to reach a deal at crucial talks on Monday.
Jun 22, 2015, 21:53 PM IST
Alexis Tsipras warns against 'excessive' terms in debt deal
Greek Prime Minister Alexis Tsipras warned on "excessive" budget surpluses, pension cuts and power rate increases as part of a deal with Greece`s creditors ahead of an emergency eurozone summit in Brussels Monday.
Jun 22, 2015, 17:30 PM IST
Greece, creditors dig in after debt talks founder
Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany`s EU commissioner said it was time to prepare for a "state of emergency".
Jun 15, 2015, 21:17 PM IST
Niko seeks 3-month extension to sell stake in KG-D6 block
Reliance Industries` consortium partner Niko Resources of Canada has extended by over three months its search for a buyer of its stake in RIL`s eastern offshore KG-D6 gas block to pay off debt.
Jun 14, 2015, 20:19 PM IST
Greece`s Varoufakis says it`s time to reach a debt deal
Greece`s finance minister said on Monday it was time the finger-pointing in debt talks with its EU-IMF creditors stopped and that both sides "come to an agreement".
Jun 08, 2015, 22:51 PM IST
