Eurozone ministers face shock Greece referendum call

Last Updated: Saturday, June 27, 2015, 16:13

The gambit by Tsipras heightened anxiety over a possible Greek default next Tuesday that could potentially push Greece towards an exit of the eurozone and risk throwing the European Union project as a whole into crisis.

Hope of a Greek deal could face political hurdle in Athens

Last Updated: Tuesday, June 23, 2015, 18:22

Hopes that Greece and its creditors can seal a debt deal with exactly one week left to avert default could fade as the Greek premier faces pressure to convince his anti-austerity party to approve concessions needed to unblock bailout funds.

Euro zone to discuss handling Greek defaut if no new proposals: Sources

Last Updated: Friday, June 19, 2015, 22:52

Euro zone finance ministers will discuss how to hand a looming Greek default at a meeting on Monday unless Athens submits new proposals in the loans-for-reforms talks, EU officials said.

ECB boosts emergency funding as Greek banks bleed, Tsipras calm

Last Updated: Friday, June 19, 2015, 22:02

The European Central Bank expanded emergency funding for Greek banks as savers pulled out 1.2 billion euros in a single day on Friday, bankers said, but Prime Minister Alexis Tsipras insisted the nation`s future in the euro was secure.

Greece gets temporary lifeline for banks amid uncertainty

Last Updated: Friday, June 19, 2015, 20:28

Greece got a temporary lifeline for its banks today to help them cope with a deposit drain in the run-up to a summit of the eurozone's 19 leaders that could determine the country's future in the euro.

Merkel says Greek deal still possible if Athens shows the will

Last Updated: Thursday, June 18, 2015, 16:38

German Chancellor Angela Merkel said on Thursday a deal between Greece and its creditors was still possible if Athens showed the necessary will, amid mounting pessimism that the austerity-hit country might crash out of the euro zone.

Greek PM sticks to hard line as contagion hits euro zone bonds

Last Updated: Tuesday, June 16, 2015, 17:11

Yields on bonds issued by other vulnerable euro zone states leapt in one of the most aggressive episodes of contagion since the height of Europe`s debt crisis in 2012.

Greece deal `requires difficult decisions by all sides`: IMF

Last Updated: Monday, June 15, 2015, 02:51

An agreement on Greece will require "difficult decisions by all sides," the IMF said, after last-ditch talks between cash-strapped Athens and its EU-IMF creditors ended with no deal on Sunday.

Greeks seek debt relief as EU steps up warnings

Last Updated: Sunday, June 14, 2015, 18:03

Greek negotiators were expected to press the country`s international creditors for debt relief on Sunday as Europe stepped up pressure on Athens to offer major concessions on austerity and reform or face dire consequences.

Athens stocks surge 5.47% as optimism rises on debt talks

Last Updated: Thursday, June 11, 2015, 14:14

Athens shares leapt 5.47 percent at open on Thursday, boosted by hopes that Greece could be close to a deal with its creditors on a rescue deal.

Merkel says ''there isn''t much time left'' for Greece

Last Updated: Tuesday, June 9, 2015, 10:28

The German chancellor confirmed her intention to meet again with Greek Prime Minister Alexis Tsipras in Brussels on June 17 under the auspices of the EU summit meeting with the Community of Latin American and Caribbean States, or CELAC.

EU chief rebukes Greece, demands swift debt plan

Last Updated: Sunday, June 7, 2015, 23:05

He urged Athens to put its own ideas on the table swiftly to enable talks to resume on the sidelines of an EU-Latin America summit on Wednesday in Brussels.