Greece clears bailout hurdle with debt relief pledge
Along with its debt crisis the Greek state is now overwhelmed by the arrival of around a million migrants in a year.
Mar 08, 2016, 04:45 AM IST
EU welcomes Alexis Tsipras victory, says no `time to lose` on reforms
The EU on Monday congratulated Alexis Tsipras on his left-wing party`s re-election victory and said Greece has "no time to lose" in implementing the reforms agreed as part of its international bailout.
Sep 21, 2015, 19:13 PM IST
Greeks want a government and hope to shake off capital controls
Greek elections Sunday may cause little change to its broad economic policy, dictated by the terms of its latest international bailout.
Sep 19, 2015, 15:32 PM IST
Greece`s Tsipras: Bridging loan would be a `return to crisis without end`
Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".
Aug 14, 2015, 13:07 PM IST
India's exports to Greece fall 15% on debt crisis: Govt
The financial crisis in Greece has led to a 15.45 percent fall in India's exports to the European nation during the first quarter of this fiscal, Parliament was informed Wednesday.
Aug 05, 2015, 19:40 PM IST
Euro firms after Greece passes bailout reforms
The euro traded higher against the dollar and the yen on Thursday as Greece`s parliament passed legislation on reforms crucial to securing bailout funds from its creditors.
Jul 23, 2015, 08:29 AM IST
Banks to reopen, taxes hiked as Greece prepares to reboot economy
Greek banks prepared to reopen Monday after a three-week shutdown, but capital controls remained largely in place while citizens also face widespread price hikes.
Jul 20, 2015, 08:57 AM IST
SBI may delay $1.5-billion bond sale due to Greek crisis
State Bank of India (SBI) may delay USD 1.5 billion overseas bond issuance programme due to volatility in foreign market as a result of Greek debt crisis.
Jul 08, 2015, 16:18 PM IST
Greek referendum final polls show 'No' vote ahead by small margin
Final opinion polls released after the end of voting in Greece`s referendum showed the `No` vote leading by a small margin in Sunday`s vote on a bailout proposal from creditors.
Jul 05, 2015, 21:48 PM IST
Greeks vote for 'destiny' in poll putting euro future in doubt
Greece voted in a tightly fought referendum Sunday that Prime Minister Alexis Tsipras said will determine its "destiny" in the eurozone, as the EU country teetered on the brink of financial collapse.
Jul 05, 2015, 19:06 PM IST
Athens eyeing deal to tax assets hidden in Swiss banks: Report
Athens wants a tax amnesty deal for Greeks who have stashed cash in Swiss banks, in a bid to bring much-needed revenue to the debt-laden country, a Swiss newspaper reported Sunday.
Jul 05, 2015, 17:25 PM IST
Sugar, flour, rice: panicked Greeks stock up on essentials
Greeks were hoarding cash and food amid mounting fears the economy could collapse, cracking open their wallets only to stock up on essentials and stripping supermarket shelves in the process.
Jul 05, 2015, 00:29 AM IST
Greece set to vote in bailout referendum
Greece is set to vote in a referendum on Sunday to decide whether to accept the debt draft deal with international creditors to restart financial aid to the country, or to reject the lenders` programme that requires Greeks to accept further austerity measures and economic reforms.
Jul 05, 2015, 00:22 AM IST
Split Greece teeters on the brink with referendum
EU leaders have warned that a `No` victory could cause Greece to crash out of the eurozone.
Jul 04, 2015, 23:42 PM IST
Greek debt crisis to have limited impact on India: Rajan
India will see limited impact of the debt crisis in Greece as it has little direct exposure to the European nation, RBI Governor Raghuram Rajan said Thursday.
Jul 02, 2015, 16:37 PM IST
Greece debt crisis: Overseas borrowing may become dearer for India
Indian corporates might face higher borrowing cost in the overseas market in short-run due to the Greek debt crisis, India Ratings and Research (Ind-Ra) has said.
Jun 30, 2015, 20:46 PM IST
FPIs press exit button, take out Rs 2,500 cr in June
Foreign investors pulled out a little over Rs 2,500 crore from Indian stock markets this month, mainly on account of better returns from Asian peers and uncertainty over Greek debt crisis.
Jun 28, 2015, 11:14 AM IST
Greek parliament approves referendum on bailout terms: Assembly
A proposed referendum on the latest offer of a deal made to Greece by its EU-IMF creditors was approved by a majority in the Greek parliament late Saturday night, according to the assembly`s count.
Jun 28, 2015, 07:01 AM IST
Tsipras, addressing parliament, calls for `emphatic no` to creditor proposals
Greek Prime Minister Alexis Tsipras called in a speech to parliament Saturday for an "emphatic no to the ultimatum" issued by the country`s creditors in a bailout referendum proposed by his government for July 5.
Jun 28, 2015, 05:25 AM IST
`Plan B` looms after Greece and Europe fall out
With Greece`s creditors refusing to extend its bailout, attention has turned swiftly to preventing massive capital flight as worried Greek citizens pull cash from ATMs.
Jun 28, 2015, 05:07 AM IST
