Greece and creditors fail in "last attempt" to reach deal
Following what it called this "last attempt" at a solution, the EU`s executive Commission said euro zone finance ministers would now tackle the issue when they meet on Thursday.
Jun 15, 2015, 09:23 AM IST
IMF quits Greek talks; EU tells Tsipras to stop gambling
The International Monetary Fund dramatically raised the stakes in Greece`s stalled debt talks on Thursday, announcing that its delegation had left negotiations in Brussels and flown home because of major differences with Athens.
Jun 12, 2015, 09:33 AM IST
Greek court reverses 'unconstitutional' 2012 pensions cuts
Greece's top administrative court has ruled that pension cuts adopted in 2012 as part of the country's tough bailout conditions were unconstitutional, and ordered the cash-strapped government to restore the payments to their previous levels.
Jun 11, 2015, 09:14 AM IST
Greece, EU powers agree to step up debt talks as crunch looms
Greek Prime Minister Alexis Tsipras held a new round of late-night talks with the leaders of Germany and France and agreed to intensify negotiations with Athens` creditors ahead of a looming default at the end of the month.
Jun 11, 2015, 08:59 AM IST
EU says not satisfied with new Greek reform plan
The European Commission said Wednesday it was not satisfied with Greece`s new bailout reform proposals, saying they "do not reflect" earlier discussions between Brussels and Athens.
Jun 10, 2015, 16:01 PM IST
Greece gives new reform plan to creditors: European sources
Greece has submitted a promised reform plan to its EU-IMF creditors, a day before Prime Minister Alexis Tsipras is due to discuss how to end Athens`s debt crisis with the French and German leaders, European sources told AFP Tuesday.
Jun 09, 2015, 13:53 PM IST
IMF confirms delay in Greek debt payments to end of June
The International Monetary Fund (IMF) confirmed Thursday that Greece will be bundling four debt repayments due in June at the end of the month, averting the possibility of a Greek default Friday.
Jun 05, 2015, 08:58 AM IST
Greece makes `concessions` in reform plan to creditors: PM
Greece has submitted a "realistic" reform plan to its international creditors that includes concessions, Prime Minister Alexis Tsipras said on Tuesday.
Jun 02, 2015, 16:10 PM IST
`Serious progress` in Greece talks but `work to do`: Commissioner
There has been "serious progress" in talks over Greece`s debt crisis but much still needs to be achieved, the EU`s commissioner for Economic and Monetary Affairs said on Tuesday.
Jun 02, 2015, 12:28 PM IST
Greece, growth worries keep cap on Wall Street
Another volatile week marked by distrust over the US growth rebound and Greece`s debt talks prevented US markets from locking in recent record highs.
May 30, 2015, 09:32 AM IST
Euro drifts lower on Greek default worries
The euro drifted lower Wednesday on fears about a Greek debt default as mayors across the country lashed out at a government decree ordering them to hand over their cash reserves to help Athens pay its bills.
Apr 22, 2015, 09:52 AM IST
US stocks tumble on Greece fears; Dow -1.54%
US stocks tumbled Friday on fresh worries about a Greek debt default as US President Barack Obama called on Greece to enact reforms.
Apr 18, 2015, 02:44 AM IST
G20 strikes hopeful tone, but officials fret over Greece
The Group of 20 leading economies struck a hopeful tone on the outlook for global growth on Friday even as officials fretted that Athen`s inability to strike a deal with its lenders could upset Europe`s tentative recovery.
Apr 18, 2015, 01:08 AM IST
Greece, eurozone have `lots of ground to cover`: Brussels
Brussels said Monday Greece and its eurozone partners were accelerating their talks but had "lots of ground to cover" before April 20 when Athens must release a list of reforms aimed at unlocking key aid funds.
Apr 13, 2015, 23:51 PM IST
Greece moves to quell default fears, pledges to meet "all obligations"
Greek Finance Minister Yanis Varoufakis said on Sunday that Greece "intends to meet all obligations to all its creditors, ad infinitum," seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this week.
Apr 06, 2015, 09:14 AM IST
EU investment bank sees no new projects in Greece
The EU`s investment bank said Monday it sees no need for new projects in Greece, focusing its efforts elsewhere to get the European economy back on track.
Feb 23, 2015, 19:43 PM IST
Euro under pressure on Greek jitters
The euro struggled to pick up in Asia on Friday ahead of Greece`s last-minute funding talks with its European creditors, while the dollar was supported by expectations US interest rates will go up this year.
Feb 20, 2015, 08:54 AM IST
Greece submits request for loan extension from sceptical euro zone
Greece formally requested a six-month extension to its euro zone loan agreement on Thursday as it races to avoid running out of cash within weeks and overcome resistance from sceptical partners led by Germany.
Feb 19, 2015, 15:55 PM IST
Greece to seek loan extension from sceptical euro zone
Greece is expected to ask on Thursday for an extension to its euro zone loan agreement skirting tough bailout conditions to avoid running out of cash within weeks, but it must overcome resistance from sceptical partners led by Germany.
Feb 19, 2015, 03:48 AM IST
EU hangs tough, waiting for Greece to bend as euro wilts
European Union finance ministers piled pressure on Greece on Tuesday to remain in an international financial rescue programme as the euro weakened on fears of disruption when Athens` credit lines expire in 10 days time.
Feb 17, 2015, 15:42 PM IST
