Greek government suffers defections as austerity vote looms

Last Updated: Wednesday, July 15, 2015, 18:02

The vote will almost certainly see large numbers of Syriza lawmakers dissent and vote against the package, raising questions of the government's survival in its current form.

Euro zone summit aims to keep Greece in single currency

Last Updated: Sunday, July 12, 2015, 17:50

In return, leftist Prime Minister Alexis Tsipras will be required to enact key legislation in parliament on Monday to start restoring the broken trust of his partners in the 19-nation currency union to win a third bailout, ministers said.

EU scraps Greece summit with bailout deal on knife-edge

Last Updated: Sunday, July 12, 2015, 17:10

The EU cancelled a full 28-nation summit on Sunday to decide whether Greece stays in the European single currency as a divided eurozone struggled to reach a reform-for-bailout deal.

EU cancels summit on Greece as eurozone talks continue

Last Updated: Sunday, July 12, 2015, 15:50

"I have cancelled EUCO (the European Union summit) today," European Council President Donald Tusk said in a tweet.

Overwhelming majority of Greeks want to keep euro, poll shows

Last Updated: Saturday, July 11, 2015, 00:18

The poll by Metron Analysis for Parapolitika newspaper showed that although the overwhelming majority of those polled want to remain in the single currency, 55 percent said it was the right choice to vote `No` in last weekend`s referendum on tough austerity measures.

Overwhelming majority of Greeks want to keep euro, poll shows

Last Updated: Friday, July 10, 2015, 22:56

A total of 84 percent of Greeks want to keep the euro, an opinion poll released on Friday showed, with just 12 percent favouring a return to the drachma, as the country races to clinch a cash-for-reforms deal with its creditors.

Greece and China expose limits of 'whatever it takes'

Last Updated: Wednesday, July 8, 2015, 11:53

And as long as the Greek government is at loggerheads with its creditors, the central bank can`t wave a magic wand of monetary support without breaking its own rules.

Greece given Sunday deadline for debt deal

Last Updated: Wednesday, July 8, 2015, 08:34

All 28 European Union leaders will examine the plans on Sunday in a make-or-break summit that will either save Greece`s moribund economy, or leave it to crash out of the single currency -- a so-called "Grexit".

Euro resilient as hopes of Greek aid deal persist

Last Updated: Wednesday, July 8, 2015, 08:16

The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece.

Euro edges lower ahead of euro zone summit on Greece

Last Updated: Tuesday, July 7, 2015, 09:09

The euro edged slightly lower in early Asian trading on Tuesday, but remained well off lows touched in the previous session ahead of a euro zone summit that investors hope might offer a way for Greece to climb out of its debt crisis.

Greek finance minister Yanis Varoufakis steps down

Last Updated: Monday, July 6, 2015, 11:34

Varoufakis had last week promised to step down if a ‘yes’ vote came out on top in Sunday’s referendum.

Defiant PM rejects Grexit fears as he rallies 'No' vote

Last Updated: Saturday, July 4, 2015, 09:06

Greece's Prime Minister Alexis Tsipras got a rock-star welcome at an Athens rally as he sought to revive support for a "No" vote in a referendum called to strengthen his hand in talks with international creditors.