Greece pins hopes on ECB for financial lifeline
Greece is counting on the European Central Bank to continue to supply its banks with cash while Athens battles with its European partners and creditors over the terms of its bailout.
Feb 02, 2015, 23:23 PM IST
Greek PM begins first foreign tour saying debt hurts all EU
Greece's new Prime Minister Alexis Tsipras said Monday that eurozone debt was a crisis for the whole continent as he launched a European tour to rally support for his campaign for debt forgiveness.
Feb 02, 2015, 18:40 PM IST
Greek finance minister in London seeking support for debt deal
The latest stop on his European charm offensive comes as US President Barack Obama warned that imposing tough austerity programmes on Greece could backfire on its creditors.
Feb 02, 2015, 09:10 AM IST
Fed's "solid" growth view faces test as Greek drama unfolds
The Federal Reserve`s upgraded view that growth in the world`s biggest economy is "solid", and so capable of withstanding an interest rate rise this year, will be put to the test by US jobs data this week.
Feb 01, 2015, 19:06 PM IST
Greek PM Tsipras freezes privatisations, markets tumble
Leftwing Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country`s bailout deal, prompting a third day of heavy losses on financial markets.
Jan 29, 2015, 00:16 AM IST
Greece wants 'pan-European' deal on growth: New govt
Greece's new anti-austerity government Wednesday called for a "pan-European New Deal" for bloc-wide growth and denied seeking a "showdown" with Europe over controversial plans to redraft its multi-billion bailout.
Jan 28, 2015, 22:04 PM IST
Unrealistic to expect Greece to repay debt in full: Report
The possibility of Greece defaulting on its debt repayments under a Syriza government is likely to spark renewed fears the country could be forced to leave the eurozone -- a so-called "Grexit".
Jan 27, 2015, 10:56 AM IST
IMF chief warns Greece: `A debt is a debt`
International Monetary Fund chief Christine Lagarde on Monday warned of "consequences" if European countries try to renegotiate their debts, ahead of Greek elections which an anti-austerity party is favoured to win.
Jan 19, 2015, 18:31 PM IST
Greece 10-year borrowing rate tops 10% on eurozone exit fears
Short-term borrowing rates also rose slightly, with Greece paying 2.30 percent in new six-month bond issues on Wednesday compared to 2.15 percent in December.
Jan 07, 2015, 17:50 PM IST
Greece will need bailout extension: EU source
The EU`s huge bailout programme for Greece, which is due to end this month, will need to be extended but Athens and Brussels are still at loggerheads over the need for more austerity, a European official said Wednesday.
Dec 03, 2014, 22:16 PM IST
Greek economy to grow in third quarter: PM
Greece will return to growth in the next quarter after six years of crippling recession, its prime minister announced on Saturday.
Sep 06, 2014, 20:08 PM IST
Greek central bank chief blames bad loans for massive bank losses
The Greek economy is also expected to register slim growth this year after a six-year recession.
Jun 25, 2014, 18:42 PM IST
