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.

Eurozone to give verdict on Greece`s last-chance debt plan

Last Updated: Saturday, July 11, 2015, 15:10

Eurozone finance ministers on Saturday were to give their verdict on Greece`s last-chance bid for a third bailout to keep its ship-wrecked economy afloat and prevent its exit from the single European currency.

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.

Deadline day for 'last chance' Greece bailout plan

Last Updated: Thursday, July 9, 2015, 14:56

Prime Minister Alexis Tsipras vowed yesterday that his country's new plan asking for billions in euros would contain "concrete proposals, credible reforms, for a fair and viable solution".

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".

Greece says 'no' to bailout offer

Last Updated: Monday, July 6, 2015, 08:27

Results showed about 61 per cent voted "no," compared with 39 per cent for "yes," with 100 per cent of the vote counted.

Greeks evenly split heading into crucial referendum

Last Updated: Friday, July 3, 2015, 23:58

At least 20,000 people turned out at each rally, at the end of a week of high drama following the government`s rejection of an aid deal with international creditors and the closure of banks.

Greek crisis will impact global economy: Doha bank CEO

Last Updated: Friday, July 3, 2015, 17:00

Greek Prime Minister Alexis Tsipras on July 1 decided to press ahead with a bailout referendum on accepting creditors' stringent demands.

Greek PM Tsipras offers conditional okay to bailout, creditors sceptical

Last Updated: Wednesday, July 1, 2015, 16:42

In exchange, Athens wants a 29 billion euro loan to cover all its debt service payments due in the next two years.

Greece seeks last-minute debt deal as default nears

Last Updated: Wednesday, July 1, 2015, 02:26

Greece asked for a fresh two-year rescue deal with the European Union on Tuesday in a final roll of the dice just hours before its current bailout expires and it misses a critical IMF payment.

Eurozone refuses Greek bailout extension, more talks Wednesday

Last Updated: Wednesday, July 1, 2015, 01:46

Eurozone finance ministers declined to extend Greece`s bailout Tuesday just hours before its expiry and a possible IMF default, but talks will continue Wednesday after Athens asked for a new aid plan, officials said.

Greek crisis threatens European dream: Analysts

Last Updated: Monday, June 29, 2015, 21:02

Europe`s failure to solve the Greek debt crisis risks lasting damage to the post-war dream of "ever closer union" at a time when it faces new threats on its borders, analysts said.