Greek PM faces revolt after eurozone approves huge bailout

Last Updated: Saturday, August 15, 2015, 19:15

Greek Prime Minister Alexis Tsipras was Saturday battling a major revolt amongst members of his radical-left party who oppose the third huge bailout for the crisis-hit country.

Eurozone ministers approve Greek bailout deal

Last Updated: Saturday, August 15, 2015, 02:50

Eurogroup President Jeroen Dijsselbloem said late Friday that the finance ministers` meeting on Greece turned out "positive" and Greece is expected to get a new loan worth up to $95 bn.

Eurozone growth slows to 0.3% in Q2 from 0.4% in Q1

Last Updated: Friday, August 14, 2015, 15:49

The economy had expanded 0.4 percent in the three months to March.

Greek lawmakers back 3rd bailout after all-night debate

Last Updated: Friday, August 14, 2015, 15:43

Greek lawmakers approved their country's draft third bailout in a parliamentary vote on Friday that relied on opposition party support and saw the government coalition suffer significant dissent.

Greece`s Tsipras: Bridging loan would be a `return to crisis without end`

Last Updated: Friday, August 14, 2015, 13:07

Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".

Greek economy grew 0.8% in Q2, averted recession in Q1

Last Updated: Thursday, August 13, 2015, 19:01

The figures showed second quarter growth up 1.4 per cent compared to the same period the previous year.

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 will tumble back into deep recession in 2015: EU

Last Updated: Wednesday, August 12, 2015, 18:30

The Greek economy, which crawled out of a six-year recession only in 2014, will shrink 2.3 percent in 2015 and another 1.3 percent in 2016, the sources said.

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 reaches deal with creditors

Last Updated: Tuesday, August 11, 2015, 12:15

Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks, a government source said Tuesday.

Euro zone inflation stable at 0.2%, still far off ECB target

Last Updated: Friday, July 31, 2015, 14:57

The European Union`s statistics office Eurostat said on Friday that consumer prices in the 19 countries sharing the euro rose by 0.2 percent year-on-year in July, as in June.