Greece says wants to continue debt talks based on its proposals

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.

Eurogroup head says `sad` Greece referendum move `closes door` to further talks

Last Updated: Saturday, June 27, 2015, 17:47

"The Greek government has apparently rejected our last proposals... that is a sad decision for Greece because it has closed the door for further talks where the door was still open in my mind," the Dutch finance minister said as he arrived for talks with his eurozone counterparts.

Eurozone ministers face shock Greece referendum call

Last Updated: Saturday, June 27, 2015, 16:13

The gambit by Tsipras heightened anxiety over a possible Greek default next Tuesday that could potentially push Greece towards an exit of the eurozone and risk throwing the European Union project as a whole into crisis.

Greek PM Alexis Tsipras calls referendum on bailout for July 5

Last Updated: Saturday, June 27, 2015, 07:22

Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels on Saturday, Prime Minister Alexis Tsipras announced.

Key meetings ahead over Greece crisis

Last Updated: Saturday, June 20, 2015, 23:38

The goal is to bridge the gap between the leftist Greek government and its EU-IMF creditors over the economic and budgetary reforms Athens needs to commit to in order to unblock the last tranche of 7.2 billion euros in the country`s second international bailout since 2010.

Eurozone ministers demand `new proposal` ahead of Greece summit

Last Updated: Friday, June 19, 2015, 18:21

EU President Donald Tusk called a summit of the leaders of the 19 eurozone countries on Monday in Brussels after the Eurogroup meeting on Thursday failed to break a five-month-old deadlock between the government in Athens and its EU-IMF creditors.

European stocks mixed at open

Last Updated: Friday, June 19, 2015, 13:29

Investors brushed off increasing worries about Greece`s future in the eurozone after talks between the bloc`s Eurogroup of finance ministers fell apart Thursday.

IMF rules out Greek payment delay

Last Updated: Thursday, June 18, 2015, 23:50

International Monetary Fund chief Christine Lagarde warned Greece Thursday it would get no leeway on a huge debt payment as EU ministers warned they were looking at a "plan B" for a possible default.

Next step has to come from Greece: Eurogroup`s Dijsselbloem

Last Updated: Thursday, June 18, 2015, 20:21

Greece must make the next move towards reaching a debt deal with its EU-IMF creditors but there is little chance of an agreement at a meeting of eurozone finance ministers Thursday, Eurogroup chief Jeroen Dijsselbloem said.

Greece says creditors` demands `irrational`

Last Updated: Sunday, June 14, 2015, 23:49

Greece believes the demands of its EU-IMF creditors are "irrational", a government source said Sunday after the latest round of talks on its bailout ended without a deal.

Greece bailout talks end with no deal, 'significant gaps' remain: EU

Last Updated: Sunday, June 14, 2015, 23:04

Crunch bailout talks between Greece and its EU-IMF creditors ended without a deal on Sunday, with "significant gaps" still remaining, a European Commission spokesman said.

Greece cliffhanger keeps forex rates steady

Last Updated: Saturday, June 13, 2015, 09:18

Foreign-exchange traders held their positions Friday ahead of a weekend during which the Greek drama over its bailout loans from the EU and IMF could come to a head.