Greek, Ukraine crises loom over G7 summit
Greece`s bailout agreement with its creditors expires at the end of June. Should Athens miss its loan payments and default, many fear this would set off a chain of events that could lead to a messy Greek exit from the euro.
Jun 07, 2015, 17:41 PM IST
Greece denies report that Juncker declined to take call from Tsipras
The official added that Athens was still waiting for Greece`s creditors to respond to its own recent proposal for a deal to end the months-long impasse.
Jun 06, 2015, 22:32 PM IST
Greece ducks Friday deadline by bundling IMF payments
"The Greek authorities have informed the (IMF) today that they plan to bundle the country`s four June payments into one, which is now due on June 30," IMF spokesman Gerry Rice said, citing rules allowing debtor countries to regroup "multiple principal payments falling due in a calendar month."
Jun 05, 2015, 10:34 AM IST
Greek talks `very good`, to resume in a few days: Dutch finance minister
Crunch bailout talks between Greek Prime Minister Alexis Tsipras and European Commission chief Jean-Claude Juncker went well and further discussions will be held soon, Eurogroup chief Jeroen Dijsselbloem said Thursday.
Jun 04, 2015, 05:02 AM IST
Creditors agree to proposal for Greece to unblock aid
Eurogroup President Jeroen Dijsselbloem said on Tuesday in an interview with RTL television channel that even if an agreement was reached this week, an immediate disbursement was technically impossible.
Jun 03, 2015, 15:02 PM IST
Greece's creditors draft deal to unlock aid, Athens resists
Greece`s creditors drafted the broad lines of an agreement on Tuesday to put to the leftist government in Athens in a bid to conclude four months of acrimonious negotiations and release aid before the cash-strapped country runs out of money.
Jun 03, 2015, 01:56 AM IST
EU defends Jean-Claude Juncker's 'cool style'
At the opening of the Riga summit on Friday, a light-hearted and tactile Juncker kissed leaders on the head, fiddled with their ties, saluted, and slapped them not just on the back but also on the stomach, chest and face.
May 26, 2015, 19:36 PM IST
UK's Cameron tells EC president that Europe must change
British Prime Minister David Cameron told the president of the European Commission that the country needed a new deal on Europe, before he presses his case for reforms to the bloc with other national leaders this week.
May 26, 2015, 08:13 AM 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 19, 2015, 10:11 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
Greece economy in sharp downturn over past 3 months: EU
Greece's economy suffered an alarming slump in the first three months of 2015, the European Commission said on Tuesday, in a dangerous development as Athens continues to battle its EU-IMF creditors.
May 05, 2015, 14:59 PM IST
Germany must shed light on EU spy scandal: Juncker
European Commission head Jean-Claude Juncker said Thursday he expected Berlin to get to the bottom of a Brussels spy scandal after Germany reportedly snooped on the EU and France at Washington`s behest.
Apr 30, 2015, 18:30 PM IST
EU clears key hurdle to giant Lafarge, Holcim merger
The EU on Friday removed a key hurdle to the merger between French cement giant Lafarge and Swiss rival Holcim, approving the sale of assets demanded for the deal to go through.
Apr 25, 2015, 01:11 AM IST
Greece`s 2014 deficit more than double forecasts: Official
Greece`s budget deficit was 3.5 percent of GDP in 2014, the official statistical agency said Wednesday, more than doubling forecasts.
Apr 15, 2015, 17:02 PM IST
'EU lays groundwork to file antitrust charges against Google'
The European Commission is asking companies that filed complaints against Google for permission to publish some of the information they submitted confidentially, the Journal said, citing several people familiar with the requests.
Apr 02, 2015, 08:42 AM 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 reform list yet to take shape as talks with lenders continue
Greece will run out of money by April 20 if it does not secure funding from its European partners.
Mar 30, 2015, 09:36 AM IST
EU imposes anti-dumping duties on stainless steel from China and Taiwan
The European Union will impose anti-dumping duties from Thursday on imports of cold-rolled flat stainless steel from China and Taiwan, according to a notice on Wednesday in the EU`s Official Journal.
Mar 25, 2015, 20:07 PM IST
EU says raided online consumer electronics retailers on March 10
The European Commission said on Tuesday its officers had raided several companies involved in selling consumer electronics online, concerned that firms may have worked together to distort prices.
Mar 25, 2015, 09:20 AM IST
EU says 2014 `very bad year` for road death cut goal
The EU`s transport chief warned Tuesday that 2014 had been a major setback for the bloc`s goal to halve the number of road deaths, with nearly 26,000 people dying last year.
Mar 24, 2015, 19:14 PM IST
