Greek debt

EU says no final Greece deal expected at Juncker-Tsipras talks

Talks between Greek Prime Minister Alexis Tsipras and European Commission head Jean-Claude Juncker later Wednesday are not expected to produce a final deal on Greece`s bailout, Juncker`s spokesman said.

Jun 03, 2015, 19:34 PM IST

Greece threatens to skip IMF payment; Alexis Tsipras set for EU talks

Greece threatened to miss a loan repayment to the IMF this week, opening the way for possible default, just hours before creditors were expected to present an ultimatum offering Athens funds in return for economic reform.

Jun 03, 2015, 19:29 PM IST

France and Spain confident of Greece deal

France and Spain expressed confidence Wednesday that a deal would be reached to help prevent Greece possibly defaulting on its debt this week as the Greek prime minister was due to hold last ditch talks.

Jun 03, 2015, 18:21 PM IST

Greece submits new, 'realistic' reform plan: Alexis Tsipras

"Last night a complete plan was submitted... a realistic plan to take the country out of the crisis," Prime Minister Alexis Tsipras told reporters in Athens.

Jun 02, 2015, 17:58 PM IST

Uncertainty shrouds Greek debt talks after Tsipras tirade

Uncertainty shrouded Greek debt negotiations on Monday at the start of a crucial week after Prime Minister Alexis Tsipras fired a broadside at international creditors that officials said bore little resemblance to his private talks with EU leaders.

Jun 02, 2015, 00:02 AM IST

China recovery helps European shares; eyes on Greece

European shares rose on Monday, helped by an almost five percent rally in Chinese stock markets and rumours of progress in Greece`s debt talks that halted sales of the euro.

Jun 01, 2015, 20:54 PM IST

Greece's Tsipras attacks creditors over 'absurd' reforms

Greece`s Prime Minister Alexis Tsipras on Sunday attacked its creditors for insisting on what he described as absurd reforms which have only served to hold up progress in negotiations for a deal aimed at preventing his country from defaulting.

May 31, 2015, 23:08 PM IST

Tsipras says Greece not intransigent, urges EU leaders to reach deal

Greek Prime Minister Alexis Tsipras said Greece should not be blamed for not yet reaching a deal with its creditors and called on fellow European leaders to bypass technical talks and come to a political solution.

May 31, 2015, 22:49 PM IST

Greece continues talks on aid, deal unlikely on Sunday: Sources

Greece and its creditors were continuing talks on a cash-for-reforms deal but are expected to miss a self-imposed Sunday deadline for reaching an agreement to unlock aid, sources close to the talks said.

May 31, 2015, 20:44 PM IST

Greece eclipses G7 finance meeting

Debt-wracked Greece`s battle to hammer out a deal with its creditors dominated a meeting of finance ministers from the Group of Seven leading industrialised nations Thursday, with officials insisting much work still lay ahead.

May 28, 2015, 22:14 PM IST

Greece will lose funding access if payment missed: IMF

Greece will be cut off from additional International Monetary Fund financing if it misses a loan payment to the crisis lender, an IMF spokesman said Thursday.

May 28, 2015, 22:11 PM IST

Greece hoping for deal to unlock bailout funds by Sunday

Greece said it hopes to conclude by Sunday a deal with its international creditors to unlock much-needed bailout funds.

May 28, 2015, 19:56 PM IST

Greek design picked for commemorative euro coin

Greece`s future in the euro may be in doubt, but the EU has nevertheless picked a Greek design for a special coin for the 30th anniversary of the bloc`s official flag.

May 28, 2015, 19:46 PM IST

Weak growth, Greece pose risk to financial stability: ECB

The European Central Bank said Thursday that financial stability has increased recently in the euro area, but warned that weak growth in the region and the Greek crisis could pose risks in the future.

May 28, 2015, 17:39 PM IST

EU says Greek deal `not there yet`

The European Union poured cold water Thursday on Greece`s claims that a deal on its bailout was near, insisting that more progress was needed in talks between Athens and its creditors.

May 28, 2015, 17:37 PM IST

G7 ministers meet on global growth overshadowed by Greek crisis

Finance ministers and central bank governors of the Group of Seven wealthiest nations gathered in Dresden Thursday to seek ways of boosting global growth, while the Greek crisis also cast its shadow over the talks.

May 28, 2015, 17:35 PM IST

G7 finance chiefs discuss growth risks, urge deal on Greece

Finance chiefs from the Group of Seven economic powers met on Thursday to discuss how to revive a faltering global recovery, with the United States leaning on Europe to reach a deal to avert a Greek bankruptcy.

May 28, 2015, 17:33 PM IST

Market calm on Grexit an eerie recall of pre-Lehman bets

Relative calm on global markets during the latest Greek debt standoff more closely reflects the low probability assigned to a euro exit than how contained such a shock could be.

May 28, 2015, 17:30 PM IST

Greece touts imminent loan deal, creditors cautious

Greece on Wednesday said it was close to a loan deal with its EU-IMF creditors that would unlock badly-needed bailout loans for its struggling economy.

May 28, 2015, 00:12 AM IST

ECB holds Greek emergency funds steady as withdrawals slow

The European Central Bank on Wednesday left the amount of emergency funds available to Greek banks unchanged at 80.2 billion euros amid signs of slowing depositor withdrawals, a Greek banking source said.

May 27, 2015, 23:57 PM IST