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Greek PM Tsipras tells lawmakers he needs their support to stay

Last Updated: Wednesday, July 15, 2015, 23:46

"I am prime minister because I have a parliamentary group that supports me. If I do not have its support, it will be difficult to be prime minister the day after," he told the lawmakers, according to the official.

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.

IMF calls for Greece debt relief as Germany talks tough

Last Updated: Tuesday, July 14, 2015, 22:17

The IMF`s stark warning on Athens` debt was leaked as Greek Prime Minister Alexis Tsipras struggled to persuade deeply unhappy leftist lawmakers to vote for a package of austerity measures and liberal economic reforms to secure a new bailout.

Greek PM faces 'Gordian Knot' to pass reforms for deal

Last Updated: Tuesday, July 14, 2015, 17:01

Having staved off financial meltdown with a new agreement from Greece`s international creditors, Tsipras now faces the anger of lawmakers and the public for agreeing to measures much tougher than those rejected in a referendum on July 5. 

Merkel warns 'long, difficult' road ahead for Greece deal

Last Updated: Monday, July 13, 2015, 13:29

"The road will be long, and judging by the negotiations tonight, difficult," Merkel told reporters, after bailout talks ended after more than 17 hours.

Greek compromise proposed after Tsipras, Hollande,Merkel talks

Last Updated: Monday, July 13, 2015, 12:32

The leaders of Greece, Germany, France and the EU proposed a "compromise" on a bailout deal for Athens at late-night talks which will now be put to the rest of the eurozone, a European source said early on Monday.

Euro zone argues into the night with Greece on bailout terms

Last Updated: Monday, July 13, 2015, 08:10

Six sweeping measures including tax and pension reforms must be enacted by Wednesday night and the entire package endorsed by parliament before talks can start.

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. 

Major decision on Greece on Saturday: Dijsselbloem

Last Updated: Friday, July 10, 2015, 23:08

"We have to make a major decision. Whichever way," Dijsselbloem, who is also the Dutch finance minister, told reporters ahead of a cabinet meeting in The Hague.

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.

EU, IMF, ECB, eurozone chiefs to speak today on Greece

Last Updated: Friday, July 10, 2015, 16:49

Commission spokesman Margaritis Schinas told a press conference that Jean-Claude Juncker, Christine Lagarde, Mario Draghi and Jeroen Dijsselbloem would discuss the plan in a conference call at 1100 GMT.

Draghi said to doubt Greek solution as Tsipras reforms awaited

Last Updated: Thursday, July 9, 2015, 15:02

The ECB is keeping shuttered Greek banks afloat with emergency liquidity capped until the weekend as leaders of the 19-nation euro zone race to find a last-minute third bailout for Athens.