Greece crisis

'Yes' and 'No' voters: Profiles of those voting for Greece's future

"Nobody needs luxury items right now, even people who can buy would feel insane with guilt if they did."

Jul 05, 2015, 08:47 AM IST

Europeans tried to block IMF debt report on Greece: Sources

Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece`s debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday.

Jul 04, 2015, 08:58 AM IST

Greeks deeply divided heading into crucial vote

Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency.

Jul 04, 2015, 08:55 AM IST

Factbox: What looms for Greece after referendum

Greek Prime Minister Alexis Tsipras`s plan to hold a referendum on Sunday on creditors` demands for austerity has prompted a breakdown in talks with lenders, forced Greece to shut banks and left its future in the euro in doubt.

Jul 03, 2015, 14:19 PM IST

Oil prices ease ahead of Greece vote

Oil prices eased in Asia Friday ahead of a weekend bailout reform referendum in Greece that could determine its future in the eurozone.

Jul 03, 2015, 13:04 PM IST

Greece debt crisis may disrupt its food and wine trade, warn experts

Greece`s beleaguered agriculture sector may take another hit as the uncertainty over the crisis-stricken country`s fate threatens to disrupt the food and wine trade, experts have said.

Jul 03, 2015, 12:41 PM IST

Greece crisis not to hurt software exports: Export body

The default crisis of Greece will have marginal impact on software exports, an export promotion council official said here on Thursday.

Jul 02, 2015, 19:47 PM IST

Greece issue not greasy for India: Raghuram Rajan

India`s exposure to cash-strapped Greece was very limited and the central government was in talks with the central bank on providing additional capital to public sector banks, a top Reserve Bank of India (RBI) official said on Thursday.

Jul 02, 2015, 18:40 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

RBI chief Rajan says government in talks over capital for lenders

The Reserve Bank of India (RBI) Governor Raghuram Rajan said the government was in talks with the central bank about injecting capital to lenders, while noting it was important to ensure funding for infrastructure projects remain on track.

Jul 02, 2015, 14:49 PM IST

IMF's Lagarde says Greece must reform before debt relief

The head of the international lender on Wednesday suggested Greece should move to reform its economy before its European creditors give it a break on its debt.

Jul 02, 2015, 10:32 AM IST

Eurogroup talks on Greece delayed to 1530 GMT: Spokesman

Eurozone finance ministers will resume talks on the Greek crisis on Wednesday later than planned after declining the country`s request for a two-year financial aid package, a spokesman said.

Jul 01, 2015, 13:40 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

Greek referendum poll shows lead for 'No' vote, but narrowing

A majority of Greeks would vote `No` to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on Wednesday.

Jul 01, 2015, 12:47 PM 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

Greece teeters on brink of default

Greece appeared set Tuesday to default on a key IMF repayment, fanning fears of a chaotic eurozone exit on the day the country`s international bailout also expires.

Jun 30, 2015, 16:04 PM IST

Sensex recovers 117 points on value-buying, Asian cues

The benchmark BSE Sensex rebounded over 117 points in early trade Tuesday, after two sessions of losses, on value-buying by investors in select blue-chips amid a recovery at Asian markets despite the ongoing Greece crisis.

Jun 30, 2015, 10:00 AM IST

EU's Juncker makes last-minute offer to Greece: Sources

European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires on Tuesday, European Union and Greek government sources said.

Jun 30, 2015, 09:08 AM IST

EU in last-ditch bid to Greece, urges 'yes' vote to bailout

European leaders Monday pleaded with Greek voters to back hotly disputed bailout proposals in a crunch referendum or face leaving the euro as bank closures left many in Greece scrambling to find cash.

Jun 30, 2015, 09:00 AM IST

ECB rejected Greek funding line request for extra 6 billion euro: Sources

The European Central Bank rejected Greece`s request for 6 billion euros of additional emergency funding on Sunday but is expected to keep the funding line used by Greek banks open until the July 5 referendum, people with knowledge of the matter said.

Jun 29, 2015, 21:32 PM IST