Greek Prime Minister Alexis Tsipras

Greece's Tsipras summons cabinet as debt deadline nears

Greek Prime Minister Alexis Tsipras summoned an urgent meeting of his cabinet on Friday after euro zone partners warned Athens it had until the weekend to accept a cash-for-reform deal or plunge towards default.

Jun 27, 2015, 03:17 AM IST

EU welcomes 11th-hour Greek proposals in 'forceps delivery'

It was not immediately clear how far the new proposal yielded to creditors` demands for additional spending cuts and tax hikes, but the offer was a ray of hope that a last-minute deal may yet be wrangled before Athens runs out of cash. 

Jun 22, 2015, 08:55 AM IST

EU slashes Greece growth outlook

The EU on Tuesday sharply slashed its growth outlook for Greece this year due to its ongoing battle with its international creditors, dampening an otherwise improved outlook for the eurozone.

May 05, 2015, 15:28 PM IST

EU warns Greece reform push 'not there yet'

"We`re not there yet," European Commission spokesman Margaritis Schinas told reporters when asked about the progress of the talks.

Mar 30, 2015, 19:07 PM IST

Greek PM to meet EU chief Friday

Greek Prime Minister Alexis Tsipras will meet with EU chief Jean-Claude Juncker on Friday, his office said Monday, hours ahead of key talks on Athens` financial lifeline.

Mar 09, 2015, 17:32 PM IST

Greek banks would have collapsed in days without deal - Irish finance minister

Greece`s banking system would have collapsed within days had Athens not compromised significantly and struck a funding agreement with euro zone ministers, Irish Finance Minister Michael Noonan said on Saturday.

Feb 21, 2015, 21:39 PM IST

Tsipras declares victory as Greece dodges financial collapse

Greek Prime Minister Alexis Tsipras declared victory on Saturday after agreeing a last-minute conditional financial rescue deal with Europe, despite making big concessions to avert financial collapse within days.

Feb 21, 2015, 21:21 PM IST