IMF payment

Europeans tried to block IMF debt report on Greece: Sources

Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece`s debt burden which the leftist government says vindicates its call to voters to reject bailout terms, sources familiar with the situation said on Friday.

Jul 04, 2015, 08:58 AM IST

Greeks deeply divided heading into crucial vote

Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency.

Jul 04, 2015, 08:55 AM IST

Factbox: What looms for Greece after referendum

Greek Prime Minister Alexis Tsipras`s plan to hold a referendum on Sunday on creditors` demands for austerity has prompted a breakdown in talks with lenders, forced Greece to shut banks and left its future in the euro in doubt.

Jul 03, 2015, 14:19 PM IST

Greece debt crisis may disrupt its food and wine trade, warn experts

Greece`s beleaguered agriculture sector may take another hit as the uncertainty over the crisis-stricken country`s fate threatens to disrupt the food and wine trade, experts have said.

Jul 03, 2015, 12:41 PM IST

Greece issue not greasy for India: Raghuram Rajan

India`s exposure to cash-strapped Greece was very limited and the central government was in talks with the central bank on providing additional capital to public sector banks, a top Reserve Bank of India (RBI) official said on Thursday.

Jul 02, 2015, 18:40 PM IST

Eurogroup talks on Greece delayed to 1530 GMT: Spokesman

Eurozone finance ministers will resume talks on the Greek crisis on Wednesday later than planned after declining the country`s request for a two-year financial aid package, a spokesman said.

Jul 01, 2015, 13:40 PM IST

Greek referendum poll shows lead for 'No' vote, but narrowing

A majority of Greeks would vote `No` to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on Wednesday.

Jul 01, 2015, 12:47 PM IST

Greece teeters on brink of default

Greece appeared set Tuesday to default on a key IMF repayment, fanning fears of a chaotic eurozone exit on the day the country`s international bailout also expires.

Jun 30, 2015, 16:04 PM IST

Greece creditors offer five-month bailout extension

Greece's international creditors on Friday offered Athens a five-month, 12-billion-euro (USD 13.4-billion) extension of its bailout programme but said it must seal a deal this weekend to avoid an IMF default next week.

Jun 26, 2015, 19:20 PM IST

Greece creditors ready to disburse 1.8 bn euros once parliament backs reforms: Document

Greece`s creditors are ready to disburse 1.8 billion euros in financial aid to help it meet a crucial IMF payment if parliament votes in favour of a reform deal, a negotiating document seen by AFP said Friday.

Jun 26, 2015, 17:04 PM IST