हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

Eurozone

Merkel warns 'long, difficult' road ahead for Greece deal

"The road will be long, and judging by the negotiations tonight, difficult," Merkel told reporters, after bailout talks ended after more than 17 hours.

Jul 13, 2015, 13:29 PM IST

Greece seals new bailout deal to avoid euro exit

Greek Prime Minister Alexis Tsipras agreed to tough reforms after 17 hours of gruelling negotiations in return for a three-year bailout worth up to 86 billion euros, Greece's third rescue programme in five years.

Jul 13, 2015, 13:10 PM IST

Greek compromise proposed after Tsipras, Hollande,Merkel talks

The leaders of Greece, Germany, France and the EU proposed a "compromise" on a bailout deal for Athens at late-night talks which will now be put to the rest of the eurozone, a European source said early on Monday.

Jul 13, 2015, 12:32 PM IST

Euro zone argues into the night with Greece on bailout terms

Six sweeping measures including tax and pension reforms must be enacted by Wednesday night and the entire package endorsed by parliament before talks can start.

Jul 13, 2015, 08:10 AM IST

Euro zone summit aims to keep Greece in single currency

In return, leftist Prime Minister Alexis Tsipras will be required to enact key legislation in parliament on Monday to start restoring the broken trust of his partners in the 19-nation currency union to win a third bailout, ministers said.

Jul 12, 2015, 17:50 PM IST

EU scraps Greece summit with bailout deal on knife-edge

The EU cancelled a full 28-nation summit on Sunday to decide whether Greece stays in the European single currency as a divided eurozone struggled to reach a reform-for-bailout deal.

Jul 12, 2015, 17:10 PM IST

EU cancels summit on Greece as eurozone talks continue

"I have cancelled EUCO (the European Union summit) today," European Council President Donald Tusk said in a tweet.

Jul 12, 2015, 15:50 PM IST

Euro zone demands more from Greece, delays decision on aid

The Eurogroup session will resume on Sunday, five hours before heads of state and government of the 19-nation currency area are to meet to decide on Greece`s fate in the euro zone.

Jul 12, 2015, 10:04 AM IST

Schaeuble has not raised ''Grexit'' at Eurogroup: Greek official

German Finance Minister Wolfgang Schaeuble has not raised the possibility of Greece exiting the euro zone at crisis talks in in Brussels discussing aid for Athens, Greek government officials said on Saturday.

Jul 11, 2015, 23:10 PM IST

Germany mulls five-year 'temporary' Greece exit plan from Eurozone

Germany has drawn up plans for a temporary five-year Greek exit from the euro if it fails to improve its bailout proposals, a European source told AFP Saturday as eurozone finance ministers met in Brussels.

Jul 11, 2015, 23:05 PM IST

Greece faces 'difficult' talks to stay in eurozone

Eurozone finance chiefs warned that last-ditch talks Saturday on a bailout deal to stop Greece crashing out of the euro would be "extremely difficult", blaming a collapse of trust in the government in Athens.

Jul 11, 2015, 23:00 PM IST

Greece talks 'difficult', 'major issue of trust': Dijsselbloem

Talks between eurozone finance ministers on Greece`s last-ditch bailout request will be "quite difficult" given the crucial need to rebuild trust with Athens, Eurogroup chief Jeroen Dijsselbloem said Saturday.

Jul 11, 2015, 19:41 PM IST

No EU 'debt forgiveness' for Greece: Portuguese PM

"A very broad consensus exists in Europe that refuses debt forgiveness be put on the table. This was very clearly stated during the last eurozone summit," the centre-left premier said.

Jul 11, 2015, 19:40 PM IST

Eurozone to pass bailout judgment as Greece backs reforms

Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reforms but it remained unclear it would be enough to secure a bailout from German and other eurozone ministers meeting in Brussels.

Jul 11, 2015, 17:35 PM IST

Eurozone to give verdict on Greece`s last-chance debt plan

Eurozone finance ministers on Saturday were to give their verdict on Greece`s last-chance bid for a third bailout to keep its ship-wrecked economy afloat and prevent its exit from the single European currency.

Jul 11, 2015, 15:10 PM IST

Overwhelming majority of Greeks want to keep euro, poll shows

The poll by Metron Analysis for Parapolitika newspaper showed that although the overwhelming majority of those polled want to remain in the single currency, 55 percent said it was the right choice to vote `No` in last weekend`s referendum on tough austerity measures.

Jul 11, 2015, 00:18 AM IST