Greek PM Tsipras dismisses Europe's warnings to Greece on vote
Greek Prime Minister Alexis Tsipras rejected European warnings that Greeks will be deciding on their future in the euro zone in a referendum on Sunday.
Jul 03, 2015, 23:09 PM IST
Grexit may stall FPI inflows into India: BofA
"Our Europe economists think this will make Grexit that much more difficult to avoid. Although India's exposure to Greece is negligible, in our view, contagion, if any, could travel through markets.
Jul 03, 2015, 20:47 PM IST
Greece officially in default: eurozone stability fund
The European Financial Stability Facility (EFSF) declared "an event of default by Greece", but added that it had "decided not to request immediate repayment of its loans nor to waive its right to action."
Jul 03, 2015, 18:59 PM IST
'Yes' camp takes slim lead in Greek bailout referendum poll
Supporters of Greece`s bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48 hours before a referendum that may determine the country`s future in the euro zone, a poll showed.
Jul 03, 2015, 12:38 PM IST
EU, IMF heap pressure on Greece days ahead of crucial vote
The EU and IMF heaped pressure on Greece Thursday, warning of the perilous state of the country`s finances, days ahead of a controversial referendum that could determine its future in the eurozone.
Jul 03, 2015, 09:20 AM IST
Greece won`t leave eurozone: Italian PM Matteo Renzi
'Greece will not exit the eurozone regardless of the outcome of the country`s referendum this weekend, Italian Prime Minister Matteo Renzi said Thursday.
Jul 03, 2015, 03:02 AM IST
IMF warns of huge financial hole as Greek vote looms
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country`s future in Europe.
Jul 02, 2015, 23:41 PM IST
IMF: Greece needs 36 bn euros more from EU
That growth estimate was made before Greece broke off talks with official creditors last weekend and ordered capital controls and its banks shut for a week.
Jul 02, 2015, 21:45 PM IST
Greece`s government `may resign` in event of `No` vote
Greece`s radical left government suggested it would resign if it fails to get its way in a make-or-break referendum Sunday that could decide the country`s financial future.
Jul 02, 2015, 15:37 PM IST
Moody's cuts Greece rating deeper into junk territory
Moody's has cut its credit rating for Greece to a deep-junk "Caa3", warning it is now less likely that official creditors will support the country, whatever happens in Sunday's referendum.
Jul 02, 2015, 03:44 AM IST
Defiant Greek PM Alexis Tsipras vows referendum will go ahead
Greek Prime Minister Alexis Tsipras vowed Wednesday to go ahead with a controversial bailout referendum despite pressure from European leaders as they declined to consider any fresh debt offer before Sunday`s vote.
Jul 02, 2015, 03:42 AM IST
Greek PM says accepts creditor terms but with conditions: EU sources
Greek Prime Minister Alexis Tsipras has written to creditors saying he is ready to accept bailout terms but has insisted on several further conditions, European sources said Wednesday.
Jul 01, 2015, 18:32 PM IST
Greece's PM Tsipras digs in against bailout
Greece was being "blackmailed", he said, quashing talk that he might delay the vote, call it off or urge Greeks to vote yes.
Jul 01, 2015, 12:53 PM IST
Greece defaults on IMF payment despite last-minute overtures to creditors
Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund.
Jul 01, 2015, 04:55 AM 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
Eurozone refuses Greek bailout extension, more talks Wednesday
Eurozone finance ministers declined to extend Greece`s bailout Tuesday just hours before its expiry and a possible IMF default, but talks will continue Wednesday after Athens asked for a new aid plan, officials said.
Jul 01, 2015, 01:46 AM IST
At least 20,000 pro-bailout supporters rally in Athens
Thousands of people rallied in Athens Tuesday in support of a bailout deal with international creditors which has been rejected by Prime Minister Alexis Tsipras, leaving Greece on the brink of default.
Jul 01, 2015, 01:34 AM IST
Eurogroup talks on Greece to continue Wednesday: Athens
"The Eurogroup just finished. We will continue tomorrow morning to allow finance ministers to examine the proposals of the Greek government," the source said.
Jul 01, 2015, 00:19 AM IST
Greece crisis poses risk to Eurozone economic recovery: Fitch
In its Global Economic Outlook report released today, Fitch said a weaker exchange rate, low oil prices, strengthening confidence, quantitative easing and improved credit conditions support growth.
Jun 30, 2015, 21:56 PM IST
Zero hour offer as Greece lurches towards default
Tsipras has urged Greeks to reject creditors' tough reform demands in a referendum on Sunday, but has also pleaded for an bailout extension to keep Athens afloat.
Jun 30, 2015, 21:30 PM IST
