ECB faces inflation headache even as lending bounces
Lending to euro zone firms grew at the fastest pace since early 2012 last month but the European Central Bank may still come under pressure to ramp up its stimulus measures as falling oil prices and a slowdown in China curb inflation.
Aug 27, 2015, 19:22 PM IST
Greece repays ECB as snap poll pressure rises
Greece repaid a huge slice of debt to the ECB on Thursday, effectively starting its third mammoth bailout, as deepening political rifts in Athens put pressure on Prime Minister Alexis Tsipras to call snap elections.
Aug 20, 2015, 21:00 PM IST
Greece to receive 23 bn euro cash injection ahead of key repayment
Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.
Aug 20, 2015, 09:56 AM IST
Eurozone approves first tranche of Greek bailout funds
Eurozone finance ministers on Wednesday formally approved the first tranche of a new 86 billion euro ($95-billion) bailout for Greece after parliaments in member states backed the move.
Aug 19, 2015, 23:52 PM IST
German parliament backs Greek bailout with large majority
The German parliament voted by an overwhelming majority Wednesday to back a third bailout for Greece, with Chancellor Angela Merkel spared a major rebellion of deputies opposing the aid.
Aug 19, 2015, 17:27 PM IST
ECB cuts funding for Greek banks as liquidity improves
The European Central Bank cut emergency liquidity assistance (ELA) for Greek banks on Tuesday, in line with a request from Athens, several sources said, a positive sign that lenders are stabilising their operations and building cash reserves.
Aug 19, 2015, 00:18 AM IST
Greek bailout: German lawmakers debate as Merkel faces rebellion
German lawmakers broke off their holidays on Tuesday to debate Greece`s third bailout plan before approving it, though Chancellor Angela Merkel faces a rebellion in a vote shaping up as her last chance to keep Athens in the eurozone.
Aug 18, 2015, 17:40 PM IST
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
Greek PM faces revolt after eurozone approves huge bailout
Greek Prime Minister Alexis Tsipras was Saturday battling a major revolt amongst members of his radical-left party who oppose the third huge bailout for the crisis-hit country.
Aug 15, 2015, 19:15 PM IST
Greek lawmakers back 3rd bailout after all-night debate
Greek lawmakers approved their country's draft third bailout in a parliamentary vote on Friday that relied on opposition party support and saw the government coalition suffer significant dissent.
Aug 14, 2015, 15:43 PM IST
Greece`s Tsipras: Bridging loan would be a `return to crisis without end`
Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".
Aug 14, 2015, 13:07 PM IST
Greek economy grew 0.8% in Q2, averted recession in Q1
The figures showed second quarter growth up 1.4 per cent compared to the same period the previous year.
Aug 13, 2015, 19:01 PM IST
Alexis Tsipras confident of Greece bailout deal backing
Greek Prime Minister Alexis Tsipras said Wednesday he was confident that international creditors would back a framework bailout deal now being scrutinised by EU states and set for a parliamentary vote in Athens.
Aug 12, 2015, 23:12 PM IST
Greece will tumble back into deep recession in 2015: EU
The Greek economy, which crawled out of a six-year recession only in 2014, will shrink 2.3 percent in 2015 and another 1.3 percent in 2016, the sources said.
Aug 12, 2015, 18:30 PM IST
Greece, creditors fine-tune third bailout
Athens and its creditors were set today to put the finishing touches to a third international bailout agreement aimed at saving Greece's stricken economy from collapse.
Aug 12, 2015, 18:25 PM IST
Greek PM Alexis Tsipras confident of loan support as EU states scrutinise bailout
Greek Prime Minister Alexis Tsipras on Wednesday said he was confident his debt-crippled nation would secure loan support from a third international bailout heading for parliamentary approval this week.
Aug 12, 2015, 18:23 PM IST
Greece reaches deal with creditors
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks, a government source said Tuesday.
Aug 11, 2015, 12:15 PM IST
Euro zone inflation stable at 0.2%, still far off ECB target
The European Union`s statistics office Eurostat said on Friday that consumer prices in the 19 countries sharing the euro rose by 0.2 percent year-on-year in July, as in June.
Jul 31, 2015, 14:57 PM IST
Greek PM Tsipras prevails over rebels at party meeting
Dissenters had sought a conference earlier, pressing the government to abandon ongoing negotiations with rescue lenders.
Jul 31, 2015, 08:47 AM IST
Greece expects debt reduction after November: PM
Greece expects debt reduction from its international creditors after a first assessment of reforms under its new bailout obligations concludes in November, Prime Minister Alexis Tsipras said Wednesday.
Jul 29, 2015, 17:44 PM IST
