हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

Greece bailout

Euro zone argues into the night with Greece on bailout terms

Six sweeping measures including tax and pension reforms must be enacted by Wednesday night and the entire package endorsed by parliament before talks can start.

Jul 13, 2015, 08:10 AM IST

EU scraps Greece summit with bailout deal on knife-edge

The EU cancelled a full 28-nation summit on Sunday to decide whether Greece stays in the European single currency as a divided eurozone struggled to reach a reform-for-bailout deal.

Jul 12, 2015, 17:10 PM IST

Eurozone to give verdict on Greece`s last-chance debt plan

Eurozone finance ministers on Saturday were to give their verdict on Greece`s last-chance bid for a third bailout to keep its ship-wrecked economy afloat and prevent its exit from the single European currency.

Jul 11, 2015, 15:10 PM IST

Major decision on Greece on Saturday: Dijsselbloem

"We have to make a major decision. Whichever way," Dijsselbloem, who is also the Dutch finance minister, told reporters ahead of a cabinet meeting in The Hague.

Jul 10, 2015, 23:08 PM IST

Greece says 'no' to bailout offer

Results showed about 61 per cent voted "no," compared with 39 per cent for "yes," with 100 per cent of the vote counted.

Jul 06, 2015, 08:27 AM IST

Greeks evenly split heading into crucial referendum

At least 20,000 people turned out at each rally, at the end of a week of high drama following the government`s rejection of an aid deal with international creditors and the closure of banks.

Jul 03, 2015, 23:58 PM IST

Greek crisis will impact global economy: Doha bank CEO

Greek Prime Minister Alexis Tsipras on July 1 decided to press ahead with a bailout referendum on accepting creditors' stringent demands.

Jul 03, 2015, 17:00 PM IST

Greek PM Tsipras offers conditional okay to bailout, creditors sceptical

In exchange, Athens wants a 29 billion euro loan to cover all its debt service payments due in the next two years.

Jul 01, 2015, 16:42 PM IST

Greece seeks last-minute debt deal as default nears

Greece asked for a fresh two-year rescue deal with the European Union on Tuesday in a final roll of the dice just hours before its current bailout expires and it misses a critical IMF payment.

Jul 01, 2015, 02:26 AM IST

Greek PM Alexis Tsipras calls referendum on bailout for July 5

Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels on Saturday, Prime Minister Alexis Tsipras announced.

Jun 27, 2015, 07:22 AM IST

IMF rules out Greek payment delay

International Monetary Fund chief Christine Lagarde warned Greece Thursday it would get no leeway on a huge debt payment as EU ministers warned they were looking at a "plan B" for a possible default.

Jun 18, 2015, 23:50 PM IST

Next step has to come from Greece: Eurogroup`s Dijsselbloem

Greece must make the next move towards reaching a debt deal with its EU-IMF creditors but there is little chance of an agreement at a meeting of eurozone finance ministers Thursday, Eurogroup chief Jeroen Dijsselbloem said.

Jun 18, 2015, 20:21 PM IST

Greece says creditors` demands `irrational`

Greece believes the demands of its EU-IMF creditors are "irrational", a government source said Sunday after the latest round of talks on its bailout ended without a deal.

Jun 14, 2015, 23:49 PM IST

Greece bailout talks end with no deal, 'significant gaps' remain: EU

Crunch bailout talks between Greece and its EU-IMF creditors ended without a deal on Sunday, with "significant gaps" still remaining, a European Commission spokesman said.

Jun 14, 2015, 23:04 PM IST

Greece cliffhanger keeps forex rates steady

Foreign-exchange traders held their positions Friday ahead of a weekend during which the Greek drama over its bailout loans from the EU and IMF could come to a head.

Jun 13, 2015, 09:18 AM IST

Merkel urges Greece and creditors to keep pushing for deal

German Chancellor Angela Merkel urged Greece and its creditors on Friday to keep pushing for a cash-for-reforms deal after Brussels negotiations hit stalemate, as European leaders heaped pressure on Athens to give ground.

Jun 12, 2015, 17:10 PM IST

IMF says no progress in Greece talks, deal far off

Hours after Greek Prime Minister Alexis Tsipras held talks with Germany`s Chancellor Angela Merkel and France`s President Francois Hollande on a possible new bail-out, the IMF said major differences had not been bridged.

Jun 11, 2015, 21:57 PM IST

Greek court reverses 'unconstitutional' 2012 pensions cuts

Greece's top administrative court has ruled that pension cuts adopted in 2012 as part of the country's tough bailout conditions were unconstitutional, and ordered the cash-strapped government to restore the payments to their previous levels.

Jun 11, 2015, 09:14 AM IST

Asian shares up on Greek rescue hopes, dollar shines

Japan`s Nikkei rose 0.6 percent while MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, with South Korean shares leading the gain with a rise of 0.5 percent.

May 28, 2015, 08:31 AM IST