Greece Referendum

Greek PM faces 'Gordian Knot' to pass reforms for deal

Having staved off financial meltdown with a new agreement from Greece`s international creditors, Tsipras now faces the anger of lawmakers and the public for agreeing to measures much tougher than those rejected in a referendum on July 5. 

Jul 14, 2015, 17:01 PM IST

Greek finance minister Yanis Varoufakis steps down

Varoufakis had last week promised to step down if a ‘yes’ vote came out on top in Sunday’s referendum.

Jul 06, 2015, 11:34 AM IST

Greece says 'no' to bailout offer

Results showed about 61 per cent voted "no," compared with 39 per cent for "yes," with 100 per cent of the vote counted.

Jul 06, 2015, 08:27 AM IST

Greeks deciding 'destiny' in referendum: PM Alexis Tsipras

"No one can ignore the will of the people to live, to live with determination, to take its destiny into its own hands," Tsipras, appearing relaxed and wearing an open-necked white shirt, said after casting his ballot in Athens.

Jul 05, 2015, 15:32 PM IST

Polling opens in crucial Greece bailout referendum

The rest of Europe, and international investors, will be watching intently, unsure of the outcome that could greet them on Monday. Polls suggest both the `Yes` and `No` camps are neck-and-neck.

Jul 05, 2015, 10:12 AM IST

'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

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

Greece officially in default: eurozone stability fund

The European Financial Stability Facility (EFSF) declared "an event of default by Greece", but added that it had "decided not to request immediate repayment of its loans nor to waive its right to action."

Jul 03, 2015, 18:59 PM IST

As default looms, Merkel rules out more negotiations with Greece

Merkel said there could be no new negotiations until after a July 5 referendum that Greek Prime Minister Alexis Tsipras has called on an offer made last week by creditors, which Tsipras has told Greek voters to reject.

Jun 30, 2015, 22:58 PM IST

Merkel says won't discuss new Greek request before referendum: Lawmaker

Greece on Tuesday requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires.

Jun 30, 2015, 21:26 PM IST

Greece declines to pay IMF loan instalment on Tuesday

The Greek minister made the statement outside the finance ministry in Athens when asked by media about the issue with the critical deadline expiring on Tuesday afternoon.

Jun 30, 2015, 19:03 PM IST

Back to the drachma? Greek lawmaker touches a nerve

But there are a growing number of warnings from Greece`s European partners that a `No` vote in a referendum on Sunday on the terms of a bailout deal would lead to a Greek exit from Europe`s common currency.

Jun 30, 2015, 17:51 PM IST

S&P cuts Greece rating after referendum called

Standard & Poor`s downgraded Greece`s credit rating deeper into junk territory on Monday, saying the government`s decision to hold a referendum on creditor proposals brought it closer to default.

Jun 30, 2015, 01:57 AM IST

`Grexit` to `Greferendum`: Athens on the brink of default

In Brussels, a sense of stupor prevails. The decision comes at the worst moment, in the final stage of negotiations when "98-99 percent" of the deal had already been agreed, according to a participant in the talks.

Jun 28, 2015, 15:46 PM IST

Greece says wants to continue debt talks based on its proposals

Greece wants to continue negotiations for a cash-for-reforms deal with its creditors based on the proposals it has submitted, which the government believes are the best basis for talks, a Greek government official said on Saturday.

Jun 27, 2015, 19:05 PM IST

Eurogroup head says `sad` Greece referendum move `closes door` to further talks

"The Greek government has apparently rejected our last proposals... that is a sad decision for Greece because it has closed the door for further talks where the door was still open in my mind," the Dutch finance minister said as he arrived for talks with his eurozone counterparts.

Jun 27, 2015, 17:47 PM IST

Eurozone ministers face shock Greece referendum call

The gambit by Tsipras heightened anxiety over a possible Greek default next Tuesday that could potentially push Greece towards an exit of the eurozone and risk throwing the European Union project as a whole into crisis.

Jun 27, 2015, 16:13 PM IST