Telcos have over Rs 2.42 lakh crore debt
Telecom operators in the country had a total debt of Rs 2,42,896 crore on their books in the year 2013-14, Parliament was informed Wednesday.
Mar 04, 2015, 17:34 PM IST
EU pushing for unity to end row over Alexis Tsipras comments
The EU said Monday it is trying to mediate in a simmering row between Greece and its eurozone partners Spain and Portugal after Prime Minister Alexis Tsipras accused them of undermining debt talks with Brussels.
Mar 02, 2015, 18:56 PM IST
Despite Greece, euro zone is turning the corner
The latest episode of Greece`s debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe`s main financial centre and a hotbed of Euroscepticism.
Mar 01, 2015, 21:29 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
Greece bailout extension backed by eurozone
Eurozone finance ministers backed a four-month extension to Greece`s financial lifeline Tuesday after approving a list of reforms demanded by creditors to keep the country afloat and in the single currency.
Feb 24, 2015, 23:59 PM IST
Greece delivers `comprehensive` reforms list
Greece delivered to Brussels on Tuesday a delayed but what it called "very comprehensive" list of reforms that Athens hopes will secure a four-month extension to its financial lifeline.
Feb 24, 2015, 14:52 PM IST
Greece says reaches draft accord with euro zone creditors on loan
Euro zone finance ministers drafted an outline agreement on Friday that could form the basis for extending Greece`s financial rescue package, officials on both sides said.
Feb 21, 2015, 00:03 AM IST
Next Sebi board meet to resolve pricing part of recast-hit companies
The RBI move to allow banks to raise stake in troubled firms to 30 percent by converting their debt into equities has moved a step closer with Sebi on Friday saying its board will take a call on the matter in next meeting.
Feb 20, 2015, 20:57 PM IST
Greek PM confident on extension, calls for "historic" political decision
Greek Prime Minister Alexis Tsipras told Reuters on Friday he is "certain" his government`s request for a six-month loan extension would be accepted despite Berlin`s objections and called for a "historic political decision" to seal a deal.
Feb 20, 2015, 17:57 PM IST
Germany holds up Greek bid for euro zone loan extension
Germany rejected a Greek proposal for a six-month extension to its euro zone loan agreement on Thursday, saying it was "not a substantial solution" because it did not commit Athens to stick to the conditions of its international bailout.
Feb 19, 2015, 23:32 PM IST
ECB would like Greece to impose capital controls: Report
European central bankers would like Greece to impose capital controls to stop the banking sector from hemorrhaging funds, a German newspaper reported Thursday, but the ECB denied any official discussions or proposals.
Feb 19, 2015, 16:21 PM IST
Greece to run out of cash by end-March without new aid: Source
Greece will be able to repay a 1.5 billion euro loan from the International Monetary Fund that falls due in mid-March.
Feb 18, 2015, 23:39 PM IST
Greece eyes EU loan deal without painful bailout duties
Greece will ask to extend its European loan agreement without signing up to the loathed duties of a full-blown bailout, its finance minister said Tuesday, as Brussels pressures Athens for a deal.
Feb 18, 2015, 09:12 AM IST
Greece will not compromise with eurozone: Alexis Tsipras
A combative Greek Prime Minister Alexis Tsipras said on Tuesday his government would not succumb to blackmail from its euro zone partners and was in no hurry to reach a new debt agreement.
Feb 17, 2015, 22:08 PM IST
Greece rejects 'blackmail' in eurozone debt deal row
Europe and Greece are racing to come to an agreement and avoid a catastrophic Greek exit from the eurozone, after talks ended bitterly on Monday with both sides digging into their positions.
Feb 17, 2015, 21:58 PM IST
Greeks in fighting mood warn EU of price to pay if bailout fails
In the streets of Athens, Greeks are clinging to hope of a bailout deal after a dramatic stand-off with Brussels, but warn they would not be the only ones to pay the price of failure.
Feb 17, 2015, 19:20 PM IST
Greece `will not accept ultimatums` in EU talks
Greece "will not accept ultimatums" in last-ditch EU talks over the future of its reforms and cash support, a government source said Tuesday.
Feb 17, 2015, 17:34 PM IST
Greece in race to reach eurozone debt deal
Greece and Europe raced to scrape together a last minute debt deal for Athens on Tuesday and avoid a catastrophic Greek exit from the eurozone a day after talks ended bitterly.
Feb 17, 2015, 17:33 PM IST
Greece readies reform deal as debt meeting looms
Greece's new leftist government was fine-turning details of a reform deal it hopes to seal with sceptical EU creditors at crucial talks this week to liberate the country from a "toxic" bailout.
Feb 11, 2015, 08:00 AM IST
Greece debt talks should be within framework of existing programme: EU
Talks with Greece over its debt crisis should take place within the framework of its existing economic bailout programme, the EU's economic and financial affairs commissioner Pierre Moscovici said.
Feb 11, 2015, 01:58 AM IST
