Last Updated: Thursday, July 9, 2015, 22:11
Greece was to submit a detailed bailout request to its eurozone partners Thursday in a last-ditch effort to save its collapsing economy and its place in the euro, in an unprecedented test of EU cohesion.
Last Updated: Monday, July 6, 2015, 10:47
Britain will do "whatever is necessary to protect its economic security", a government spokesman said Monday after Greeks voted overwhelmingly against austerity in a referendum that could send them crashing out of the eurozone with unknown consequences.
Last Updated: Thursday, July 2, 2015, 03:42
Greek Prime Minister Alexis Tsipras vowed Wednesday to go ahead with a controversial bailout referendum despite pressure from European leaders as they declined to consider any fresh debt offer before Sunday`s vote.
Last Updated: Tuesday, June 30, 2015, 23:59
She said that this applied regardless of whether new offers were made on Tuesday, suggesting it was now too late to vet them. Merkel placed the blame on the Greek government for allowing its bailout programme to expire tonight.
Last Updated: Tuesday, June 30, 2015, 01:47
Some 17,000 people took to the streets of Athens and Thessaloniki on Monday to say `No` in an upcoming referendum on the latest bailout proposals, accusing Greece`s international creditors of blackmail.
Last Updated: Sunday, June 28, 2015, 20:13
The ECB Governing Board board said it "decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday".
Last Updated: Sunday, June 28, 2015, 05:07
With Greece`s creditors refusing to extend its bailout, attention has turned swiftly to preventing massive capital flight as worried Greek citizens pull cash from ATMs.
Last Updated: Sunday, June 28, 2015, 02:42
Greece hurtled closer to the catastrophic possibility of a euro exit Saturday after Europe responded to the government`s call for a referendum by refusing to extend Athens`s desperately needed bailout.
Last Updated: Sunday, June 28, 2015, 02:02
Greek lawmakers on Saturday debated whether to hold a controversial bailout referendum as fears of a default intensified and worried customers began queueing to withdraw money.
Last Updated: Saturday, June 27, 2015, 20:35
Eurozone finance ministers refused on Saturday to extend Greece`s bailout programme past June 30 after Athens called a referendum on reform proposals by creditors, sources told AFP.
Last Updated: Saturday, June 27, 2015, 19:29
But after they were blindsided by Tsipras`s surprise middle-of-the-night announcement that he rejected their offer and would put it to voters only after Tuesday`s deadline, several said all that remained to discuss was "Plan B" - how to limit the damage.
Last Updated: Saturday, June 27, 2015, 07:25
The euro edged lower Friday ahead of a make-or-break weekend for Greece, with the country under warning to accept the new deal from creditors or be left to default on its debts.
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