Last Updated: Sunday, June 28, 2015, 10:04
Greece`s European partners shut the door on extending a credit lifeline to Athens, leaving the country facing a default that could push it out of the euro and cause ripple effects across the European economy and beyond.
Last Updated: Saturday, June 27, 2015, 19:05
Greece wants to continue negotiations for a cash-for-reforms deal with its creditors based on the proposals it has submitted, which the government believes are the best basis for talks, a Greek government official said on Saturday.
Last Updated: Saturday, June 27, 2015, 17:55
"The purpose of what we`re doing is to actually restore stability of the economy in Greece, this is what we`ll continue to do. We`ll continue to work," Lagarde told reporters before joining a meeting of eurozone finance ministers.
Last Updated: Friday, June 26, 2015, 07:15
The euro was little changed against the dollar on Thursday as Greece once again failed to reach a deal with its creditors to avoid a debt default.
Last Updated: Thursday, June 25, 2015, 23:01
Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to avert a default next week amid fears of financial market turmoil.
Last Updated: Thursday, June 25, 2015, 22:23
Warnings of dark forces bent on pushing Greece out of the euro and its leftist government out of power have increasingly moved from the fringes towards the mainstream, as talks in Brussels to secure vital bailout funds enter their final phase.
Last Updated: Thursday, June 25, 2015, 17:45
Greek Prime Minister Alexis Tsipras and his country`s creditors failed to reach a bailout deal at emergency talks Thursday, raising fresh fears that Athens will default on an IMF loan next week.
Last Updated: Thursday, June 25, 2015, 16:39
European stock markets advanced on Thursday as traders awaited the outcome of yet more talks between Greece and its creditors.
Last Updated: Thursday, June 25, 2015, 07:07
Anglo-Dutch giant Shell has become the first international oil group to announce that it had held talks with Iran about potential investment should sanctions be lifted as part of a nuclear deal with the West.
Last Updated: Thursday, June 25, 2015, 06:19
US stocks followed European equity markets lower Wednesday, dropping sharply on signs of fresh problems in talks between Greece and its international creditors aimed at preventing a Greek debt default.
Last Updated: Thursday, June 25, 2015, 02:06
Eurozone finance ministers suspended a crunch meeting aimed at reaching a Greek debt deal on Wednesday, with talks to resume the next day, Finnish Finance Minister Alexander Stubb said.
Last Updated: Wednesday, June 24, 2015, 22:03
International creditors demanded sweeping changes to Greek Prime Minister Alexis Tsipras` tax and reform proposals on Wednesday, adding fresh uncertainty to talks aimed at unlocking aid to avert a debt default next week.
more videos >>
