Greece and creditors `close` to deal on third bailout
Greece and its creditors continued marathon talks into Sunday night with both sides indicating that the terms of a third bailout were close to being finalised.
Aug 10, 2015, 09:07 AM ISTGreek bailout talks shift into higher gear
Greece's talks with its international creditors on a third bailout worth 85 billion euros (USD 93 billion) shifted into a higher gear on Friday, with lead negotiators from the European Union and International Monetary Fund meeting key ministers in Athens.
Jul 31, 2015, 18:28 PM ISTGreek PM wins backing for concessions; EU, IMF give positive signals
Greek Prime Minister Alexis Tsipras however faced a rebellion in his own party that could threaten his majority in parliament.
Jul 11, 2015, 09:09 AM ISTGreece submits reforms to creditors to stay in euro
Lawmakers in Greece will vote as early as Friday whether to back a last-ditch reform plan the government submitted to creditors overnight in a bid to stave off financial collapse and exit from the eurozone.
Jul 10, 2015, 16:14 PM ISTGreece crisis: Govt prepared to face any situation
Government on Wednesday said it was closely monitoring the Greek crisis and prepared to face any situation in view of its 'comfortable' foreign exchange reserves.
Jul 08, 2015, 19:26 PM ISTGreek crisis not due to `mean Germans`: Italy
Greeks have their own leaders to blame for the crisis in their country, and not "mean Germans", Italian Foreign Minister Paolo Gentiloni said Tuesday.
Jul 07, 2015, 13:47 PM ISTIMF's Lagarde says Greece must reform before debt relief
The head of the international lender on Wednesday suggested Greece should move to reform its economy before its European creditors give it a break on its debt.
Jul 02, 2015, 10:32 AM ISTEU's Juncker makes last-minute offer to Greece: Sources
European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires on Tuesday, European Union and Greek government sources said.
Jun 30, 2015, 09:08 AM ISTGreece in shock as banks shut after creditor talks break down
Greece has less than 48 hours to pay back 1.6 billion euros (USD 1.77 billion) of International Monetary Fund loans.
Jun 29, 2015, 16:24 PM ISTGreek worries push oil below $62 to three-week low
Oil fell more than $1 to below $62 per barrel on Monday, its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook.
Jun 29, 2015, 15:37 PM ISTGreece crisis may trigger outflows from India: Finance Secretary
The economic crisis in Greece may trigger capital outflows from India and the government is consulting the RBI to deal with the situation, Finance Secretary Rajiv Mehrishi said on Monday.
Jun 29, 2015, 13:09 PM ISTEU to make latest proposals on Greek crisis on Monday: Moscovici
The president of the European Commission will make his latest proposals later on Monday to try to avoid a Greek default, the EU commissioner of economic affairs said, adding that there was still room to negotiate over the crisis.
Jun 29, 2015, 12:40 PM ISTGreece orders banks closed for a week after run on ATMs
Greece announced early Monday it will shut banks for a week and impose capital controls, pleading for calm after anxious citizens emptied cash machines in a dramatic escalation of the country`s debt crisis.
Jun 29, 2015, 11:42 AM ISTGreece imposes capital controls as crisis deepens
Greece closed its banks and imposed capital controls on Sunday to check the growing strains on its crippled financial system, bringing the prospect of being forced out of the euro into plain sight.
Jun 29, 2015, 09:27 AM ISTGreek deal hopes could face reality of political hurdles in Athens
Hopes were high Tuesday that Greece and its creditors can seal a debt deal with exactly one week left to avert default, but those could fade as the Greek premier must convince his anti-austerity party to approve concessions needed to unblock bailout funds.
Jun 24, 2015, 09:35 AM ISTGreece hopeful of last-ditch deal despite default warnings
Greece said Friday it was still hopeful for an 11th-hour deal to stop it defaulting on its debt, as despairing Greek savers withdrew their cash from the country`s troubled banks ahead of fresh talks next week.
Jun 20, 2015, 09:09 AM IST