S&P cuts Greece rating after IMF payment delay
Standard & Poor`s cut its already deep-junk rating for Greek bonds by one notch to "CCC" on Wednesday after the cash-strapped country delayed a debt payment to the International Monetary Fund last week.
Jun 11, 2015, 09:17 AM IST
ECB might ease Greek restrictions if aid deal likely: Source
The European Central Bank might ease restrictions on how much short-term Greek government debt the country`s banks can hold if becomes clear the euro zone will disburse long-awaited aid to Athens, a banking source said on Wednesday.
May 28, 2015, 09:15 AM IST
Greece says must strike debt deal in May as money runs low
Despite its precarious position, Athens said it would not abandon its "red lines" in talks with the International Monetary Fund and euro zone partners.
May 19, 2015, 00:33 AM IST
Greece says ready to make IMF payment on April 9
Greece is fast running out of cash and its euro zone and International Monetary Fund lenders have frozen bailout aid until the new leftist-led government reaches agreement on a package of reforms.
Apr 03, 2015, 22:02 PM IST
ECB cancels soft treatment of Greek debt in warning to Athens
The European Central Bank abruptly cancelled its acceptance of Greek bonds in return for funding on Wednesday, shifting the burden onto Athens` central bank to finance its lenders and isolating Greece unless it strikes a new reform deal.
Feb 05, 2015, 09:25 AM IST
Gold rebounds from one-month low on US manufacturing data
Gold rebounded from a one-month low on Friday, as weaker-than-expected U.S. manufacturing data counteracted the impact of a stronger dollar, but still looked set to post its third straight weekly loss.
Jan 03, 2015, 11:43 AM IST
Gold edges lower as markets digest Greek vote
Greek lawmakers failed to elect a new president in a final round of voting on Monday, leaving it facing a snap election that could derail the international bailout programme it needs to keep paying its bills.
Dec 29, 2014, 17:24 PM IST
