Creditors set bailout ultimatum for defiant Greeks: Source
The lenders had given leftist Prime Minister Alexis Tsipras an ultimatum to come up with a credible reform plan by mid-morning (0900 GMT), saying they would otherwise send their own version to Eurogroup ministers.
Jun 25, 2015, 17:56 PM IST
Greece, creditors fail to reach deal as deadline looms
Greek Prime Minister Alexis Tsipras and his country`s creditors failed to reach a bailout deal at emergency talks Thursday, raising fresh fears that Athens will default on an IMF loan next week.
Jun 25, 2015, 17:45 PM IST
Greece, creditors say still no deal ahead of eurozone meeting
Greece and its EU-IMF creditors prepared to submit rival proposals to end a five-month debt row, indicating there was still no deal ahead of a meeting of eurozone finance ministers on Thursday, sources said.
Jun 25, 2015, 16:47 PM IST
European stocks rise on Greece deal hopes
European stock markets advanced on Thursday as traders awaited the outcome of yet more talks between Greece and its creditors.
Jun 25, 2015, 16:39 PM IST
Creditors set bailout ultimatum for defiant Greeks
Greece`s international creditors gave Athens an ultimatum to come up with a credible reform plan on Thursday warning they would otherwise put their own proposals to euro zone finance ministers for approval, a euro zone official said.
Jun 25, 2015, 15:46 PM IST
Greek debt talks stumble before EU leaders gather
Eurogroup ministers cut short an emergency meeting summoned to approve an agreement after little more than an hour because there was no deal ready for them to discuss.
Jun 25, 2015, 09:03 AM IST
Germany`s Schaeuble `not optimistic` for Greece debt deal Wednesday
German Finance Minister Wolfgang Schaeuble said he had little hopes of reaching a long sought-after debt deal with Greece at a meeting of his eurozone counterparts on Wednesday.
Jun 25, 2015, 01:16 AM IST
Greece's Alexis Tsipras, creditors struggle to bridge debt gaps
International creditors demanded sweeping changes to Greek Prime Minister Alexis Tsipras` tax and reform proposals on Wednesday, adding fresh uncertainty to talks aimed at unlocking aid to avert a debt default next week.
Jun 24, 2015, 22:03 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
Alexis Tsipras flies to Brussels to try to bridge gaps with Greece's creditors
Prime Minister Alexis Tsipras flew to Brussels to meet Greece`s international creditors on Wednesday to try to bridge gaps on key elements of the proposals made by his left-wing government to shore up state finances in return for vital loans.
Jun 24, 2015, 17:50 PM IST
Greece's Alexis Tsipras slams IMF in blow to crunch talks
Prime Minister Alexis Tsipras launched a scathing attack on the IMF for rejecting Greek reform proposals ahead of talks in Brussels Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.
Jun 24, 2015, 17:33 PM IST
Asia markets up on Greece hopes, ECB easing hits euro
Asian markets rose for a third straight day Wednesday, with Tokyo hitting a more than 18-year high, on confidence Greece will finally hammer out a bailout reform deal with creditors and avert a default.
Jun 24, 2015, 17:29 PM IST
Debt relief key as Greek bailout talks near deadline
A deal between Greece and its international creditors is being held up by a standoff over the central issue of debt relief, Economy Minister George Stathakis said on Wednesday, ahead of meetings in Brussels aimed at clinching an accord.
Jun 24, 2015, 17:25 PM IST
Greek PM summoned to Brussels for debt deal talks
Greek Prime Minister Alexis Tsipras was summoned to Brussels for a decisive meeting with key EU-IMF creditors Wednesday as eurozone finance ministers try to finalise a debt deal and avoid a default by Athens.
Jun 24, 2015, 15:15 PM IST
Greece in `final stretch` of talks: Varoufakis
Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated Wednesday.
Jun 24, 2015, 15:13 PM IST
ECB raises emergency funding for Greek banks
The European Central Bank increased its funding lifeline to Greece`s banks again on Tuesday, sources with direct knowledge of the decision said, allowing the country`s banks to stay open as Athens inches towards a deal with creditors.
Jun 23, 2015, 21:56 PM IST
Hope of a Greek deal could face political hurdle in Athens
Hopes that Greece and its creditors can seal a debt deal with exactly one week left to avert default could fade as the Greek premier faces pressure to convince his anti-austerity party to approve concessions needed to unblock bailout funds.
Jun 23, 2015, 18:22 PM IST
European stocks extend gains with Greece deal in sight
European stock markets rose further on Tuesday, building on the previous day`s sharp rally on hopes of there finally being a deal over Greece`s bailout.
Jun 23, 2015, 17:21 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 offers new proposals to avert default, creditors see hope
Greece took a step back from the abyss on Monday with the presentation of new budget proposals that euro zone leaders welcomed as a basis for a possible agreement in the coming days to unlock frozen aid and avert a looming default.
Jun 23, 2015, 09:05 AM IST
