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
Greek PM Tsipras dismisses Europe's warnings to Greece on vote
Greek Prime Minister Alexis Tsipras rejected European warnings that Greeks will be deciding on their future in the euro zone in a referendum on Sunday.
Jul 03, 2015, 23:09 PM 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
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
'Yes' camp takes slim lead in Greek bailout referendum poll
Supporters of Greece`s bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48 hours before a referendum that may determine the country`s future in the euro zone, a poll showed.
Jul 03, 2015, 12:38 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
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
Greek PM says accepts creditor terms but with conditions: EU sources
Greek Prime Minister Alexis Tsipras has written to creditors saying he is ready to accept bailout terms but has insisted on several further conditions, European sources said Wednesday.
Jul 01, 2015, 18:32 PM 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
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 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
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
ECB faces tough choice on cash lifeline for Greece
In a bid to keep markets calm, the European Central Bank made a tough choice when it opted to keep open the financial lifeline to Greek banks at the weekend, analysts said on Monday.
Jun 29, 2015, 18:45 PM IST
European banks, bonds shaken by Greek turmoil
European bank stocks and borrowing costs for Italy, Spain and Portugal bore the brunt on Monday of financial markets` fright at the growing risk that Greece will leave the euro.
Jun 29, 2015, 16:24 PM IST
Greece in shock as banks shut after creditor talks break down
Greece has less than 48 hours to pay back 1.6 billion euros (USD 1.77 billion) of International Monetary Fund loans.
Jun 29, 2015, 16:24 PM IST
Greece crisis may trigger outflows from India: Finance Secretary
The economic crisis in Greece may trigger capital outflows from India and the government is consulting the RBI to deal with the situation, Finance Secretary Rajiv Mehrishi said on Monday.
Jun 29, 2015, 13:09 PM IST
EU to make latest proposals on Greek crisis on Monday: Moscovici
The president of the European Commission will make his latest proposals later on Monday to try to avoid a Greek default, the EU commissioner of economic affairs said, adding that there was still room to negotiate over the crisis.
Jun 29, 2015, 12:40 PM IST
Greece imposes capital controls as crisis deepens
Greece closed its banks and imposed capital controls on Sunday to check the growing strains on its crippled financial system, bringing the prospect of being forced out of the euro into plain sight.
Jun 29, 2015, 09:27 AM IST
ECB set for emergency talks as `Grexit` looms
The European Central Bank was set to hold emergency talks Sunday on whether to keep or cut its financial lifeline to Athens, as France warned of a "real risk" Greece will leave the euro.
Jun 28, 2015, 16:36 PM IST
