Relief - and much anger - in Greece as Alexis Tsipras clinches deal

Last Updated: Monday, July 13, 2015, 18:43

Greeks greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger, particularly at Germany, after it became clear Greece will have to swallow more austerity that could fracture the government and spark a backlash.

Germany mulls five-year 'temporary' Greece exit plan from Eurozone

Last Updated: Saturday, July 11, 2015, 23:05

Germany has drawn up plans for a temporary five-year Greek exit from the euro if it fails to improve its bailout proposals, a European source told AFP Saturday as eurozone finance ministers met in Brussels.

No EU 'debt forgiveness' for Greece: Portuguese PM

Last Updated: Saturday, July 11, 2015, 19:40

"A very broad consensus exists in Europe that refuses debt forgiveness be put on the table. This was very clearly stated during the last eurozone summit," the centre-left premier said.

Eurozone to pass bailout judgment as Greece backs reforms

Last Updated: Saturday, July 11, 2015, 17:35

Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reforms but it remained unclear it would be enough to secure a bailout from German and other eurozone ministers meeting in Brussels.

EU says MasterCard overcharges customers, retailers

Last Updated: Friday, July 10, 2015, 00:17

The EU said Thursday that US credit- card giant MasterCard overcharged customers and retailers, having already found rival Visa at fault over fees levied on card payments.

Greek crisis: Key events since referendum

Last Updated: Thursday, July 9, 2015, 18:43

Following is a timeline of events in the Greek crisis since Sunday`s referendum:

EU's Donald Tusk urges creditors to give Greece debt relief

Last Updated: Thursday, July 9, 2015, 18:24

EU President Donald Tusk said Greece`s creditors must make a "realistic" proposal for managing the country`s huge debt, as Athens faces a midnight deadline to submit reform plans for an international bailout.

Greece seeks new EU loan deal in race to avert collapse

Last Updated: Thursday, July 9, 2015, 00:42

A race to save Greece from bankruptcy and keep it in the euro gathered pace on Wednesday when Athens formally applied for a three-year loan and European authorities launched an accelerated review of the request.

Grexit would pose major security challenge: Experts

Last Updated: Wednesday, July 8, 2015, 22:33

As a key security partner for the West and the prime route for migrants arriving in Europe, Greece poses a threat to more than the financial stability of the continent if its crisis deepens.

EU`s Tusk says 'last chance' for Greek debt deal

Last Updated: Wednesday, July 8, 2015, 21:21

EU President Donald Tusk warned Wednesday that Greece and its European partners now faced the very last chance to reach a rescue deal needed to keep debt-ridden Athens in the eurozone.

European stocks edge higher on Greek hopes

Last Updated: Wednesday, July 8, 2015, 17:28

European stocks rebounded slightly Wednesday, despite heavy losses in China, on optimism over the Greek crisis after European leaders slapped Athens with a deadline to submit new bailout reform proposals.

Lack of new Greek proposals leaves eurozone leaders on edge

Last Updated: Wednesday, July 8, 2015, 00:43

Greek Prime Minister Alexis Tsipras strode into a summit of eurozone leaders with a beaming smile Tuesday, but was met with anger when it became clear he had no written proposal on how to save his country from financial ruin.