Recent developments in the Greek debt crisis

Last Updated: Wednesday, July 22, 2015, 23:36

Greece reaches agreement with eurozone creditors on terms for a third rescue package after 17 hours of negotiations. Greek Prime Minister Alexis Tsipras agrees to tough reforms in return for talks on a three-year bailout worth up to 86 billion euros ($93 billion).

Greece to vote on second bailout bill in new test for Alexis Tsipras

Last Updated: Wednesday, July 22, 2015, 20:03

Prime Minister Alexis Tsipras on Wednesday faced a new test of his authority in parliament, where lawmakers were to vote on a second batch of reforms to help unlock a huge new bailout for Greece`s stricken economy.

Greek bailout vote puts Syriza party rebellion to the test

Last Updated: Wednesday, July 22, 2015, 19:03

Greece`s leftist government tried on Wednesday to contain a rebellion in Prime Minister Alexis Tsipras` Syriza party ahead of a vote in the evening on reforms required to start talks on a rescue deal.

Greek PM Tsipras faces key bailout vote test on Wednesday

Last Updated: Wednesday, July 22, 2015, 14:52

A first set of reforms that focused largely on tax hikes and budget reforms triggered a rebellion in his party last week and passed only thanks to votes from pro-EU opposition parties.

Greece to vote on second bailout bill in test for Tsipras

Last Updated: Wednesday, July 22, 2015, 11:26

Greek lawmakers are on Wednesday set to vote on a second batch of reforms that must pass if Athens is to receive its third huge international bailout, in a key test of Prime Minister Alexis Tsipras` authority.

Greece wants final bailout deal by August 20

Last Updated: Wednesday, July 22, 2015, 06:59

The Greek government said Tuesday that it wants to see a final deal on its international bailout hammered out by August 20, as it presented parliament with more draft legislation on the cash-for-reforms agreement.

Greece seeks bailout deal by August 20, sends bill to parliament

Last Updated: Tuesday, July 21, 2015, 18:13

The Greek government said Tuesday that it wants to see a final deal on its international bailout hammered out by August 20, as it presented parliament with more draft legislation on the cash-for-reforms agreement.

Banks reopen, taxes rise as Greece pays billions to creditors

Last Updated: Monday, July 20, 2015, 23:01

Greece`s government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a reforms-for-cash deal with its European partners.

Greece makes overdue payments, no longer in default: IMF

Last Updated: Monday, July 20, 2015, 20:09

The International Monetary Fund said Monday that Greece was no longer in default on its loans after remitting about two billion euros ($2.2 billion) to make up for missed debt payments.

Greece prepares to reopen banks, apply tax hikes

Last Updated: Sunday, July 19, 2015, 17:12

Banks are set to reopen Monday after a three-week shutdown estimated to have cost the economy some 3.0 billion euros ($3.3 billion) in market shortages and export disruption.

Greek banks to reopen Monday but capital controls remain

Last Updated: Saturday, July 18, 2015, 18:55

Greek banks will reopen Monday after a three-week closure and withdrawal limits have been relaxed, but capital controls remain in place, a government decree said Saturday.

Distraction of Greece aside, is all well with the world economy?

Last Updated: Saturday, July 18, 2015, 09:32

The race is on between the U.S. and British central banks to be the first major economy to raise interest rates after a long period of unprecedented monetary generosity.