greece-crisis - Latest News on greece-crisis | Read Breaking News on Zee News

Sensex recovers 117 points on value-buying, Asian cues

Last Updated: Tuesday, June 30, 2015, 10:00

The benchmark BSE Sensex rebounded over 117 points in early trade Tuesday, after two sessions of losses, on value-buying by investors in select blue-chips amid a recovery at Asian markets despite the ongoing Greece crisis.

EU's Juncker makes last-minute offer to Greece: Sources

Last Updated: Tuesday, June 30, 2015, 09:08

European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires on Tuesday, European Union and Greek government sources said.

EU in last-ditch bid to Greece, urges 'yes' vote to bailout

Last Updated: Tuesday, June 30, 2015, 09:00

European leaders Monday pleaded with Greek voters to back hotly disputed bailout proposals in a crunch referendum or face leaving the euro as bank closures left many in Greece scrambling to find cash.

ECB rejected Greek funding line request for extra 6 billion euro: Sources

Last Updated: Monday, June 29, 2015, 21:32

The European Central Bank rejected Greece`s request for 6 billion euros of additional emergency funding on Sunday but is expected to keep the funding line used by Greek banks open until the July 5 referendum, people with knowledge of the matter said.

End of Greek aid to have limited impact on other states - German Finance Minister

Last Updated: Monday, June 29, 2015, 21:30

German Finance Minister Wolfgang Schaeuble on Monday played down the impact of the end of the Greek aid programme, saying in a letter to German lawmakers that it would have only a limited impact on other states.

Juncker says 'No' in Greek referendum would be 'no to Europe'

Last Updated: Monday, June 29, 2015, 21:22

European Commission head Jean-Claude Juncker told Greek voters on Monday they would be rejecting the European Union if they opposed creditors' reform proposals in Sunday's referendum.

Greek crisis threatens European dream: Analysts

Last Updated: Monday, June 29, 2015, 21:02

Europe`s failure to solve the Greek debt crisis risks lasting damage to the post-war dream of "ever closer union" at a time when it faces new threats on its borders, analysts said.

ECB faces tough choice on cash lifeline for Greece

Last Updated: Monday, June 29, 2015, 18:45

In a bid to keep markets calm, the European Central Bank made a tough choice when it opted to keep open the financial lifeline to Greek banks at the weekend, analysts said on Monday.

European banks, bonds shaken by Greek turmoil

Last Updated: Monday, June 29, 2015, 16:24

European bank stocks and borrowing costs for Italy, Spain and Portugal bore the brunt on Monday of financial markets` fright at the growing risk that Greece will leave the euro.

Greece in shock as banks shut after creditor talks break down

Last Updated: Monday, June 29, 2015, 16:24

Greece has less than 48 hours to pay back 1.6 billion euros (USD 1.77 billion) of International Monetary Fund loans.

Chinese shares sink further, Hong Kong hit by Greece crisis

Last Updated: Monday, June 29, 2015, 15:35

Chinese shares tumbled Monday after a rollercoaster ride, extending losses of the past two weeks, while Hong Kong also sank on expectations Greece will default on its debt and possibly crash out of the eurozone.

Global markets plunge as Greece shuts banks after run on ATMs

Last Updated: Monday, June 29, 2015, 15:22

Markets across the world tumbled Monday as Greece ordered its banks to shut for a week and imposed capital controls after its citizens emptied ATMs.