Greece seals new bailout deal to avoid euro exit

Last Updated: Monday, July 13, 2015, 13:10

Greek Prime Minister Alexis Tsipras agreed to tough reforms after 17 hours of gruelling negotiations in return for a three-year bailout worth up to 86 billion euros, Greece's third rescue programme in five years.

Greek compromise proposed after Tsipras, Hollande,Merkel talks

Last Updated: Monday, July 13, 2015, 12:32

The leaders of Greece, Germany, France and the EU proposed a "compromise" on a bailout deal for Athens at late-night talks which will now be put to the rest of the eurozone, a European source said early on Monday.

Euro zone argues into the night with Greece on bailout terms

Last Updated: Monday, July 13, 2015, 08:10

Six sweeping measures including tax and pension reforms must be enacted by Wednesday night and the entire package endorsed by parliament before talks can start.

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.

EU cancels summit on Greece as eurozone talks continue

Last Updated: Sunday, July 12, 2015, 15:50

"I have cancelled EUCO (the European Union summit) today," European Council President Donald Tusk said in a tweet.

Euro zone demands more from Greece, delays decision on aid

Last Updated: Sunday, July 12, 2015, 10:04

The Eurogroup session will resume on Sunday, five hours before heads of state and government of the 19-nation currency area are to meet to decide on Greece`s fate in the euro zone.

No EU 'debt forgiveness' for Greece: Portuguese PM

Last Updated: Saturday, July 11, 2015, 19:40

"A very broad consensus exists in Europe that refuses debt forgiveness be put on the table. This was very clearly stated during the last eurozone summit," the centre-left premier said.

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.

EU, IMF, ECB, eurozone chiefs to speak Friday on Greece: EU source

Last Updated: Friday, July 10, 2015, 15:44

The heads of the EU, IMF, European Central Bank and the eurozone on Friday will discuss a last-ditch reform plan that Greece submitted in a bid to avert financial collapse and exit from the eurozone, EU sources said.

EU says MasterCard overcharges customers, retailers

Last Updated: Friday, July 10, 2015, 00:17

The EU said Thursday that US credit- card giant MasterCard overcharged customers and retailers, having already found rival Visa at fault over fees levied on card payments.