Greek government suffers defections as austerity vote looms
The vote will almost certainly see large numbers of Syriza lawmakers dissent and vote against the package, raising questions of the government's survival in its current form.
Jul 15, 2015, 18:02 PM IST
Greece officially in default: eurozone stability fund
The European Financial Stability Facility (EFSF) declared "an event of default by Greece", but added that it had "decided not to request immediate repayment of its loans nor to waive its right to action."
Jul 03, 2015, 18:59 PM IST
Greek government 'may resign' if it loses referendum
Greek Finance Minister Yanis Varoufakis said the government "may very well" quit if the public went against it in Sunday's plebiscite and voted for more austerity in return for international bailout funds.
Jul 02, 2015, 20:02 PM IST
As default looms, Merkel rules out more negotiations with Greece
Merkel said there could be no new negotiations until after a July 5 referendum that Greek Prime Minister Alexis Tsipras has called on an offer made last week by creditors, which Tsipras has told Greek voters to reject.
Jun 30, 2015, 22:58 PM IST
Merkel says won't discuss new Greek request before referendum: Lawmaker
Greece on Tuesday requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires.
Jun 30, 2015, 21:26 PM IST
Greece declines to pay IMF loan instalment on Tuesday
The Greek minister made the statement outside the finance ministry in Athens when asked by media about the issue with the critical deadline expiring on Tuesday afternoon.
Jun 30, 2015, 19:03 PM IST
Back to the drachma? Greek lawmaker touches a nerve
But there are a growing number of warnings from Greece`s European partners that a `No` vote in a referendum on Sunday on the terms of a bailout deal would lead to a Greek exit from Europe`s common currency.
Jun 30, 2015, 17:51 PM IST
