`Grexit` fears loom without solid Greek reforms: IMF
Fears that Greece will exit the eurozone, a "Grexit", could revive if Greek authorities do not come up with "credible" reforms, notably on pensions, a senior IMF official said Thursday.
Feb 12, 2016, 05:08 AM 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
Greece makes loan interest payment to IMF
Greece made a loan interest payment due Thursday to the International Monetary Fund, the institution said, avoiding another default as the debt-riddled country negotiates a third rescue plan.
Aug 07, 2015, 02:43 AM IST
Greek PM sees bailout deal after August 15
Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed Thursday that Athens and its international creditors "can and must" reach a bailout deal after August 15.
Aug 07, 2015, 01:32 AM IST
Greek finance minister says bailout deal possible by August 20
Greek Finance Minister Euclid Tsakalotos expressed confidence Tuesday that Athens and its creditors will reach a deal on a new bailout in time for August 20, when a huge debt payment is due.
Aug 05, 2015, 01:14 AM IST
Greece's stock market to reopen today after five-week shutdown
Greece's stock market will reopen on Monday after a five-week shutdown caused by capital controls, but local investors will face restrictions aimed at stemming capital flight.
Aug 03, 2015, 06:04 AM IST
Greek bailout talks with auditors begin
Senior EU-IMF auditors has held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis.
Aug 01, 2015, 13:17 PM IST
Greek creditors seek third wave of reforms before loan
International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.
Jul 28, 2015, 00:01 AM IST
Greek banks to reopen Monday but capital controls remain
Greek banks will reopen Monday after a three-week closure and withdrawal limits have been relaxed, but capital controls remain in place, a government decree said Saturday.
Jul 18, 2015, 18:55 PM IST
Gold slides to 8-month low as US rate rise looms
Gold fell to an eight-month low on Thursday after the U.S. Federal Reserve`s reiteration that interest rates were likely to rise this year pushed the dollar index to a seven-week high.
Jul 17, 2015, 17:43 PM IST
ECB, Eurogroup give Greece breathing space after Athens vote
Eurozone ministers approved the launch of Greece bailout talks and the ECB boosted its cash lifeline to the crisis-hit country Thursday after lawmakers in Athens grudgingly passed a tough reform package demanded by creditors.
Jul 16, 2015, 23:31 PM IST
Spain PM to submit Greek debt deal to parliament
Spain`s Prime Minister Mariano Rajoy said Wednesday he will submit the eurozone deal on Greece`s debts to parliament to ensure support for his country`s multi-billion dollar contribution.
Jul 15, 2015, 13:40 PM IST
Greek PM calls Obama to discuss debt crisis
Obama reiterated that it is in everyone's interest that Greece and its creditors reach a mutually-acceptable agreement, the statement said.
Jul 08, 2015, 11:19 AM IST
Greek finance minister accuses creditors of 'terrorism'
Greek Finance Minister Yanis Varoufakis accused Athens' creditors of "terrorism" in an interview published on Saturday, a day before Greeks vote in a high- stakes referendum on their bailout.
Jul 04, 2015, 18:30 PM IST
How to put the Greek economy on the path of recovery
No matter the solution found for Greece`s debt crisis, fixing problems in Greek tax structures, foreign investment flows and export activity must take place for the economy to start growing again.
Jul 03, 2015, 10:37 AM IST
EU, IMF heap pressure on Greece days ahead of crucial vote
The EU and IMF heaped pressure on Greece Thursday, warning of the perilous state of the country`s finances, days ahead of a controversial referendum that could determine its future in the eurozone.
Jul 03, 2015, 09:20 AM 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
Indian IT firms to see marginal impact of Greek crisis: BofA
Large IT companies in India are likely to see a marginal 1-2 percent earnings impact from the economic crisis in Greece due to their exposure to Europe, while their direct revenue exposure to Greece is "practically zero", a research report said today.
Jul 01, 2015, 13:18 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
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
