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, 19:33 PM IST
Resolve Greece talks soon to avoid crisis: US`s Lew
US Treasury Secretary Jack Lew called Wednesday for Greece`s debt crisis to be resolved quickly to avoid the risk of "accidents", as G7 finance ministers gathered.
May 27, 2015, 19:23 PM IST
Greece`s creditors must `get their act together`: Varoufakis
Greece`s outspoken Finance Minister Yanis Varoufakis on Tuesday urged the country`s international creditors to "get their act together" and help cobble together a new loan deal before the struggling nation`s money runs out.
May 26, 2015, 21:02 PM IST
Germany sees progress on Greece, EU officals to confer on Thursday
A senior German official said on Tuesday there was no reason to believe Greece would be in default after a 300 million euro payment to the IMF falls due on June 5.
May 26, 2015, 18:21 PM IST
Greece to keep repaying creditors as long as it can: Official
Struggling Greece will keep on repaying for as long as it can its EU-IMF creditors, who have demanded reforms and withheld release of the country`s remaining bailout funds, a spokesman said Monday.
May 25, 2015, 17:36 PM IST
Greece 'has no money' to meet June IMF debt repayment
Greece warned Sunday it has no money to repay the International Monetary Fund on time in June unless a deal is reached with its creditors, in a stark warning that the country could be just days away from defaulting.
May 24, 2015, 23:15 PM IST
Greece issues fresh warning on IMF payment in June
A Greek government minister said Sunday that Athens will be unable to repay the IMF on schedule next month, reiterating previous warnings by officials during tense talks with the country`s creditors.
May 24, 2015, 17:49 PM IST
Greece says it will default in June without aid from lenders
Prime Minister Alexis Tsipras`s leftist government says it hopes to reach a cash-for-reforms deal in days, although European Union and IMF lenders are more pessimistic and say talks are moving too slowly for that.
May 20, 2015, 19:36 PM IST
Doubts over Greece add to euro's ECB-driven frailty
The euro slid to a two-week low and a rally in European shares stalled on Wednesday after a Greek official said the country may not make an upcoming repayment to the International Monetary Fund.
May 20, 2015, 17:14 PM IST
Angela Merkel, Hollande urge speedy Greece deal
The German and French leaders Tuesday joined growing calls for debt-wracked Greece to quickly reach a deal with its creditors and avoid default, as crisis talks continued "day and night".
May 19, 2015, 23:25 PM IST
Greece in final stretch of troubled loan talks
Greece on Monday entered the final stretch of tortuous talks with its international creditors on a bankruptcy-saving loan deal, with the government calling for a breakthrough by the end of the month.
May 18, 2015, 21:50 PM IST
Greece wants loan deal by end of May: Government
Greece wants to reach a loan deal with its EU-IMF creditors by the end of May to resolve an acute cash shortage, the government said on Monday.
May 18, 2015, 17:04 PM IST
Greece risks deep recession if talks with creditors fail: EBRD
Greece would likely fall back into a major recession, the size and duration of which are difficult to quantify now.
May 14, 2015, 15:14 PM IST
Greece taps IMF reserves to pay IMF debt: Sources
Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a Greek central bank official said, avoiding default but underscoring the dire state of the country`s finances.
May 13, 2015, 00:50 AM IST
Gold struggles below $1,200 as dollar firms
Spot gold was little changed at $1,183.93 an ounce by 0320 GMT, after losing 0.3 percent on Monday.
May 12, 2015, 09:48 AM IST
Differences between EU, IMF blocking compromises in Greek debt talks: Athens
With time quickly running out to unlock bailout funds needed to repay its debts, the Greek government said Tuesday that differences between the EU and IMF were blocking an agreement.
May 05, 2015, 21:14 PM IST
Greece resumes debt talks with creditors
Greece on Thursday resumed talks with its international creditors on critically-needed bailout funds as officials warned that time was running out for a deal.
Apr 30, 2015, 22:28 PM IST
`I`m still in charge` of Greece debt talks team: Varoufakis
Greek Finance Minister Yanis Varoufakis insisted in a German newspaper interview Wednesday that he is still in charge of Greece`s team handling crucial talks with creditors, despite a recent shake-up.
Apr 29, 2015, 23:30 PM IST
Tsipras presses for early Greek debt deal but flags referendum
Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an early deal with international creditors, after shaking up his negotiating team and sidelining his outspoken finance minister who has infuriated euro zone partners.
Apr 28, 2015, 13:23 PM IST
Greece moves to sideline Varoufakis after reform talks fiasco
Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.
Apr 28, 2015, 09:00 AM IST
