Greek PM says accepts creditor terms but with conditions: EU sources

Last Updated: Wednesday, July 1, 2015, 18:32

Greek Prime Minister Alexis Tsipras has written to creditors saying he is ready to accept bailout terms but has insisted on several further conditions, European sources said Wednesday.

Merkel says Germany won't negotiate new deal with Greece before referendum

Last Updated: Tuesday, June 30, 2015, 23:59

She said that this applied regardless of whether new offers were made on Tuesday, suggesting it was now too late to vet them. Merkel placed the blame on the Greek government for allowing its bailout programme to expire tonight.

India comfortably placed to withstand Greek crisis fallout

Last Updated: Tuesday, June 30, 2015, 21:03

India Inc on Tuesday said the country's economy is comfortably placed to deal with risks that might arise in case Greece defaults on the debt repayment due to the International Monetary Fund.

Greek debt talks stumble before EU leaders gather

Last Updated: Thursday, June 25, 2015, 09:03

Eurogroup ministers cut short an emergency meeting summoned to approve an agreement after little more than an hour because there was no deal ready for them to discuss.

Greek PM summoned to Brussels for debt deal talks

Last Updated: Wednesday, June 24, 2015, 15:15

Greek Prime Minister Alexis Tsipras was summoned to Brussels for a decisive meeting with key EU-IMF creditors Wednesday as eurozone finance ministers try to finalise a debt deal and avoid a default by Athens.

Greece in `final stretch` of talks: Varoufakis

Last Updated: Wednesday, June 24, 2015, 15:13

Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated Wednesday.

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.

European stocks open lower as IMF halts Greek talks

Last Updated: Friday, June 12, 2015, 15:07

"European equities are trading moderately lower this morning after yesterday`s rally had come to an abrupt halt on the back of reports that the IMF has halted negotiations with Greece due to a lack of progress," said analyst Markus Huber at brokerage Peregrine & Black.

EU pushes Greece for deal as protests erupt

Last Updated: Thursday, June 11, 2015, 16:42

Fresh protests erupted meanwhile in Athens at the prospect of new austerity cuts demanded by Greece`s international creditors in return for money to stave off default.

Greece talks of compromise as Merkel warns time is short

Last Updated: Tuesday, June 9, 2015, 10:43

Three days after Prime Minister Alexis Tsipras told his parliament the latest proposal from the EU and IMF was "absurd", the Greek government said it was ready to negotiate a settlement acceptable to both sides by the end of this month - when Greece`s bailout programme expires and it faces the prospect of default on its debts.