European stocks rise on Greece deal hopes
European stock markets advanced on Thursday as traders awaited the outcome of yet more talks between Greece and its creditors.
Jun 25, 2015, 16:39 PM IST
Greece's Alexis Tsipras, creditors struggle to bridge debt gaps
International creditors demanded sweeping changes to Greek Prime Minister Alexis Tsipras` tax and reform proposals on Wednesday, adding fresh uncertainty to talks aimed at unlocking aid to avert a debt default next week.
Jun 24, 2015, 22:03 PM IST
Greece rejects creditors` counter-proposals
Greece rejected Wednesday "counter proposals" from creditors that were issued in response to Athens` latest budgetary plan, in light of the IMF`s position, a government source said.
Jun 24, 2015, 21:46 PM IST
Greece slams creditors as hopes dim for debt deal
Greek Prime Minister Alexis Tsipras lashed out at his country`s creditors ahead of critical talks Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.
Jun 24, 2015, 21:33 PM IST
Alexis Tsipras flies to Brussels to try to bridge gaps with Greece's creditors
Prime Minister Alexis Tsipras flew to Brussels to meet Greece`s international creditors on Wednesday to try to bridge gaps on key elements of the proposals made by his left-wing government to shore up state finances in return for vital loans.
Jun 24, 2015, 17:50 PM IST
Greece's Alexis Tsipras slams IMF in blow to crunch talks
Prime Minister Alexis Tsipras launched a scathing attack on the IMF for rejecting Greek reform proposals ahead of talks in Brussels Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.
Jun 24, 2015, 17:33 PM IST
ECB keeps Greece on life support as leaders meet
European Central Bank chiefs will discuss whether to extend Greece`s funding lifeline again after the meeting of euro zone leaders on Monday, officials said.
Jun 22, 2015, 22:55 PM IST
Eurozone welcomes new Greek debt proposals, more work to do
Eurozone finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default.
Jun 22, 2015, 19:54 PM IST
Eurogroup talks over, new Greece debt meeting in days: Officials
A meeting of eurozone finance ministers to prepare the ground for a leaders summit on Greece later Monday has ended without agreement, and another round of talks is expected in coming days, officials said.
Jun 22, 2015, 18:41 PM IST
Greece deal in doubt at crucial debt talks
Greece`s international creditors poured cold water on the chances of a breakthrough at an emergency summit on Monday aimed at finding a deal to save Athens from default and a possible exit from the euro.
Jun 22, 2015, 18:37 PM IST
Greece offers new proposals ahead of emergency summit
Greek Prime Minister Alexis Tsipras made a new offer on a reforms package to foreign creditors on Sunday, signalling eleventh-hour concessions to break a deadlock that has pushed Greece to the brink of bankruptcy.
Jun 22, 2015, 14:34 PM IST
Greece gives new debt deal proposals ahead of crucial summit
Greek Prime Minister Alexis Tsipras unveiled new proposals to European leaders Sunday aimed at ending his country`s debt crisis, on the eve of a summit which could determine whether Greece crashes out of the eurozone.
Jun 21, 2015, 20:22 PM IST
Forecasts of Greek euro exit premature: Dijsselbloem
Eurogroup chairman Jeroen Dijsselbloem said Wednesday he is still working to keep Greece within the eurozone and that any predictions about a so-called Grexit are premature.
Jun 17, 2015, 19:07 PM IST
IMF has 'criminal responsibility' for Greek crisis: Alexis Tsipras
Greek Prime Minister Alexis Tsipras charged Tuesday the International Monetary Fund had "criminal responsibility" for Greece`s debt crisis and called on the country`s European creditors to assess the IMF`s policies.
Jun 16, 2015, 18:52 PM IST
World stocks, oil fall as Greek talks collapse
Stock markets around the world fell on Monday as they felt the ripple effects of the Greek crisis after the collapse of 11th-hour talks between the near-bankrupt country and its creditors.
Jun 15, 2015, 23:28 PM IST
Greece`s debt row: the creditors
Leftist-led Greece and its EU-IMF creditors are locked in a tough bailout row that needs resolution before the end of June, when Athens is required to repay a huge debt to the IMF.
Jun 15, 2015, 23:22 PM IST
Greece battles to avert default debacle in EU-IMF talks
Greece tried Monday to drag loan talks with its EU-IMF creditors back from the brink after negotiations collapsed over the weekend and left the country just two weeks away from a catastrophic default on its debt.
Jun 15, 2015, 21:51 PM IST
Greece, creditors dig in after debt talks founder
Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany`s EU commissioner said it was time to prepare for a "state of emergency".
Jun 15, 2015, 21:17 PM IST
Greece failure to repay ECB would not constitute default: S&P
Ratings agency Standard & Poor`s said Monday that it would not consider Greece to be in default even if the eurozone country failed to repay 6.7 billion euros due in July and August to the European Central Bank.
Jun 15, 2015, 21:12 PM IST
EU urges Greece to match `major` creditor concessions
The EU on Monday pressed Greece to match the major concessions made by its international creditors in order to reach a deal that will save Athens from default.
Jun 15, 2015, 19:39 PM IST
