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.

Hopes rise for Greece bailout breakthrough

Last Updated: Friday, July 10, 2015, 21:39

The plan delivered by Prime Minister Alexis Tsipras`s administration for study by the EU, IMF and European Central Bank was to be put to a vote late Friday by Greek lawmakers.

EU, IMF, ECB, eurozone chiefs to speak today on Greece

Last Updated: Friday, July 10, 2015, 16:49

Commission spokesman Margaritis Schinas told a press conference that Jean-Claude Juncker, Christine Lagarde, Mario Draghi and Jeroen Dijsselbloem would discuss the plan in a conference call at 1100 GMT.

Draghi said to doubt Greek solution as Tsipras reforms awaited

Last Updated: Thursday, July 9, 2015, 15:02

The ECB is keeping shuttered Greek banks afloat with emergency liquidity capped until the weekend as leaders of the 19-nation euro zone race to find a last-minute third bailout for Athens.

Greece eyes midnight deadline for badly needed new bailout plan

Last Updated: Thursday, July 9, 2015, 09:45

Greek Prime Minister Alexis Tsipras vowed on Wednesday to present "credible" plans to seal more emergency loans from his exasperated European creditors ahead of a summit of all 28 EU leaders on the debt crisis on Sunday.

Greece and China expose limits of 'whatever it takes'

Last Updated: Wednesday, July 8, 2015, 11:53

And as long as the Greek government is at loggerheads with its creditors, the central bank can`t wave a magic wand of monetary support without breaking its own rules.

Eurozone`s poorer nations take hard line on Greece

Last Updated: Monday, July 6, 2015, 21:02

The eurozone`s poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.

All eyes on ECB after Greek `No` vote

Last Updated: Monday, July 6, 2015, 20:30

All eyes turned to the European Central Bank Monday following the resounding `No` in Greece`s referendum, as it is seen as the only institution capable of stemming market panic and preventing the Greek economy from collapsing.

EU, IMF heap pressure on Greece days ahead of crucial vote

Last Updated: Friday, July 3, 2015, 09:20

The EU and IMF heaped pressure on Greece Thursday, warning of the perilous state of the country`s finances, days ahead of a controversial referendum that could determine its future in the eurozone.

ECB will not increase liquidity lifeline to Greek banks: source

Last Updated: Thursday, July 2, 2015, 03:45

The European Central Bank`s governing council on Wednesday decided not to increase the liquidity lifeline to cash-strapped Greek banks, a Greek banking source said.

ECB's Draghi defends Greek pension, tax reforms

Last Updated: Wednesday, July 1, 2015, 19:07

"The measures on the pension system have been designed to be progressive and they have been mostly applied mainly to pensions above 1,000 euros," Mario Draghi wrote in the letter dated June 30 to Notis Marias.

ECB puts no fresh cash into Greek banks

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".