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Greece seeks bailout extension with reform plan

Last Updated: Monday, February 23, 2015, 17:51

Greece`s new anti-austerity government submitted a list of reform proposals to Brussels on Monday in a bid to secure a four-month extension to its lifeline debt bailout, a European source said.

Greece in tough climbdown on radical debt promises

Last Updated: Saturday, February 21, 2015, 15:30

Greece`s radical left government was at pains Saturday to put a positive face on an EU compromise deal that is sharply at odds with its anti-austerity ambitions.

Cabinet Secy asks bureaucrats to 'strictly' follow austerity code

Last Updated: Thursday, February 19, 2015, 15:57

Seeking to contain expenditure, the Cabinet Secretary has asked top bureaucrats in all ministries to "strictly" follow the austerity code and refrain from holding conferences and meetings in five-star hotels.

Sensex gains 41pts on fifth day of rise; Greek debt talks eyed

Last Updated: Monday, February 16, 2015, 19:42

In a volatile session, the benchmark Sensex today surged 230 points in early trade but pared most gains to end with a slender 41 points rise on selling in banking, pharma and oil & gas shares and caution ahead of crucial Greek debt talks.

Greece, confident as EU meeting looms, sticks to no-austerity pledge

Last Updated: Monday, February 16, 2015, 08:18

"I expect difficult negotiations; nevertheless I am full of confidence," he said. "I promise you: Greece will then, in six months` time, be a completely different country."

Greece confident ahead of EU meeting, but sticking to its no-austerity guns

Last Updated: Sunday, February 15, 2015, 22:29

Greece said on Sunday it was confident of reaching agreement in negotiations with its euro zone partners but reiterated it would not accept harsh austerity strings in any debt pact.

Greek PM says `confident` about eurozone talks: report

Last Updated: Sunday, February 15, 2015, 19:58

Prime Minister Alexis Tsipras said he was "confident" about progress in renegotiating Greece`s debt at a crucial eurozone meeting on Monday, in an interview with German media.

'Step to the Left indicates austerity fatigue in Europe'

Last Updated: Thursday, February 12, 2015, 13:42

Tim Stevenson, fund manager at Henderson EuroTrust plc, spoke to Zee Business on what the recent political events in Europe mean for the Eurozone.

Greece seeks ECB funds, Germany rejects austerity roll-back

Last Updated: Thursday, February 5, 2015, 00:05

Greece`s new leftist government appealed to the European Central Bank on Wednesday to keep its banks afloat as it seeks to negotiate debt relief with its euro zone partners, but Germany rejected any roll-back of agreed austerity policies.

IMF says not in debt talks with Greece

Last Updated: Wednesday, February 4, 2015, 20:37

The International Monetary Fund, a partner in the international bailout of Greece, said Wednesday it was not in debt talks with the new anti-austerity Greek government.

Greece seeks EU allies for anti-austerity agenda but Germany holds firm

Last Updated: Saturday, January 31, 2015, 16:28

Greece`s radical new government on Saturday began a search for European allies for its anti-austerity agenda, but German Chancellor Angela Merkel once again ruled out debt relief for Athens.

Euro hits 11-year low on Greece fears, equities muted

Last Updated: Monday, January 26, 2015, 13:14

The euro sank to an 11-year low Monday and Asian equities were muted after an anti-austerity party won Greece`s election, throwing its international bailout into doubt and raising fears it could leave the eurozone.