Greece bailout deal `will not work`: Varoufakis

Last Updated: Wednesday, August 12, 2015, 23:55

Greece`s former finance minister Yanis Varoufakis on Wednesday warned that the latest bailout deal was doomed to fail despite Prime Minister Alexis Tsipras saying he was "confident" of ending economic uncertainty.

Alexis Tsipras confident of Greece bailout deal backing

Last Updated: Wednesday, August 12, 2015, 23:12

Greek Prime Minister Alexis Tsipras said Wednesday he was confident that international creditors would back a framework bailout deal now being scrutinised by EU states and set for a parliamentary vote in Athens.

Greece, creditors fine-tune third bailout

Last Updated: Wednesday, August 12, 2015, 18:25

Athens and its creditors were set today to put the finishing touches to a third international bailout agreement aimed at saving Greece's stricken economy from collapse.

Greek PM Alexis Tsipras confident of loan support as EU states scrutinise bailout

Last Updated: Wednesday, August 12, 2015, 18:23

Greek Prime Minister Alexis Tsipras on Wednesday said he was confident his debt-crippled nation would secure loan support from a third international bailout heading for parliamentary approval this week.

Greece's third bailout agreed 'in principle'

Last Updated: Tuesday, August 11, 2015, 19:50

"What we don't have is a political agreement," said Commission spokeswoman Annika Breidthardt, hours after Athens suggested that the deal was all but done.

Greece to cut MP tax breaks, minister salaries: Tsipras

Last Updated: Monday, August 10, 2015, 20:41

"The political system must be responsive to the feelings of society," Tsipras told ministers according to a government note.

Greek PM sees bailout deal after August 15

Last Updated: Friday, August 7, 2015, 01:32

Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed Thursday that Athens and its international creditors "can and must" reach a bailout deal after August 15.

Greece in 'final stretch' for deal with creditors: Alexis Tsipras

Last Updated: Wednesday, August 5, 2015, 18:45

Greece is in the "final stretch" of talks for a deal with creditors on a new bailout, Prime Minister Alexis Tsipras said Wednesday.

UK starts RBS sell-off with $3.3 billion stake sale

Last Updated: Tuesday, August 4, 2015, 13:42

Finance Minister George Osborne on Tuesday hailed the start of returning RBS to the private sector and said it was right to commence selling at a loss to the price paid in the 2008 rescue.

Seven years after bailout, Britain starts RBS sell-off with $3 bn stake sale

Last Updated: Monday, August 3, 2015, 23:42

Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.

Greek bailout talks with auditors begin

Last Updated: Saturday, August 1, 2015, 13:17

Senior EU-IMF auditors has held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis.

IMF calls for Greek debt relief 'compatible' with EU agenda

Last Updated: Friday, July 31, 2015, 20:38

The EU said on Friday that the International Monetary Fund's calls for debt relief for Greece are "fully compatible" with the agenda in Brussels for negotiating a third Athens bailout.