EU says progress `not sufficient` for Greece debt deal
Cash-strapped Greece has not made enough progress in crunch debt talks with its European partners to unlock sorely-needed funds as part of its massive EU-IMF bailout, the bloc`s Commissioner for the Euro Valdis Dombrovskis said on Friday.
Apr 24, 2015, 12:21 PM IST
IMF official sees `bit more momentum` in Greek talks
Negotiations between debt-wracked Greece and its creditors have recently seen "a bit more momentum" than previously, the IMF`s representative in Europe told a German newspaper Monday.
Apr 20, 2015, 20:50 PM IST
Greece, creditors to hold more debt talks Saturday
Greece and its international creditors will meet Saturday in Paris to discuss Athens` massive debt bailout programme and reforms it must adopt in exchange for urgently needed funds, sources said.
Apr 18, 2015, 08:53 AM IST
Greece says to pay anti-poverty benefits from June
Benefits promised by Greece`s new radical leftist government to support those who have fallen into poverty as the country carries out EU-IMF imposed reforms will be paid beginning in June, an official said Tuesday.
Apr 14, 2015, 22:44 PM IST
Gold retreats from seven-week high
Spot gold was down 0.2 percent at $1,211.90 an ounce by 1146 GMT, while U.S. gold for June delivery slipped 0.6 percent to $1,211.70 an ounce.
Apr 07, 2015, 18:29 PM IST
Gold advances to 7-wk high as jobs data cloud rate outlook
Gold increased as much as 1.4 per cent to USD 1,223.51 an ounce, the highest price since February 17.
Apr 06, 2015, 18:26 PM IST
Greece needs deal with lenders on April 24: Finance Minister
Greece must reach an outline funding agreement with its lenders at a meeting of euro zone finance ministers on April 24, its finance minister told a Greek newspaper on Monday.
Apr 06, 2015, 14:16 PM IST
Greece agrees to repay IMF debt by April 9: Lagarde
Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a visit with Greek Finance Minister Yanis Varoufakis.
Apr 06, 2015, 09:17 AM IST
Greece `confident` of paying IMF on time: Source
Two meetings of eurozone experts are due to take place next week on the topic of Athens` finances.
Apr 04, 2015, 10:20 AM IST
Greece tells creditors it will run out of cash on April 9
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said.
Apr 02, 2015, 19:29 PM IST
Gold set for 2nd monthly loss as US rate hike eyed
Gold edged lower on Tuesday and was heading for a second straight monthly fall, pressured by expectations the US Federal Reserve will increase interest rates this year.
Mar 31, 2015, 08:47 AM IST
Gold drops on strong dollar, Fed's Yellen rate hike comment
Chairwoman Janet Yellen said late on Friday an increase in the Fed`s benchmark rate "may well be warranted later this year" given sustained improvement in US economic conditions.
Mar 31, 2015, 08:20 AM IST
Gold falls 1% as Yellen signals US rate hike on track
"Yellen`s latest comments might just change the course of gold and cause a downward movement in the price from hereon," said Howie Lee, analyst at Phillip Futures, who sees gold dropping to as low as $1,180.
Mar 30, 2015, 14:06 PM IST
Greek central bank head says Grexit not an option
The governor of the Greek central bank ruled out the country`s exit from the eurozone on Wednesday, and said that Athens was close to reaching a deal on its bailout.
Mar 26, 2015, 10:12 AM IST
Greece emergency funding on ECB agenda this week: Source
The European Central Bank will again examine whether to extend emergency funding to Greek banks at a meeting this week, a source familiar with the ECB`s thinking on the matter told AFP on Tuesday.
Mar 10, 2015, 20:08 PM IST
Greece warns of possible referendum ahead of crucial meeting
Finance minister Yanis Varoufakis has upped the stakes sharply ahead of Monday`s crucial Eurogroup meeting in Brussels by raising the prospect of new Greek elections or even a referendum on any debt deal.
Mar 08, 2015, 19:30 PM IST
Greek PM Alexis Tsipras hits out at ECB over cash squeeze
Greek Prime Minister Alexis Tsipras has accused the European Central Bank of holding "a rope" around the country`s neck as Athens scrambled Friday to avert a looming state default.
Mar 06, 2015, 20:47 PM IST
Development bank EBRD to invest in Greece to 2020
The European Bank for Reconstruction and Development (EBRD) said Tuesday it would begin funding critically needed investment in cash-strapped Greece as Athens nears the end of a massive bailout programme.
Mar 03, 2015, 17:13 PM IST
Greece outlines first anti-poverty measures
Greece`s leftist government on Monday outlined a first batch of measures to combat poverty to be approved by parliament in coming days.
Mar 02, 2015, 23:11 PM IST
Despite Greece, euro zone is turning the corner
The latest episode of Greece`s debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe`s main financial centre and a hotbed of Euroscepticism.
Mar 01, 2015, 21:29 PM IST
