Greece economy in sharp downturn over past 3 months: EU

Last Updated: Tuesday, May 5, 2015, 14:59

Greece's economy suffered an alarming slump in the first three months of 2015, the European Commission said on Tuesday, in a dangerous development as Athens continues to battle its EU-IMF creditors.

Greece cites progress in talks with EU/IMF lenders, aims for May deal

Last Updated: Monday, May 4, 2015, 08:37

Prime Minister Alexis Tsipras`s three-month-old government is under growing pressure at home and abroad to reach an agreement with European and IMF lenders over reforms to avert a national bankruptcy.

Greek economy minister sees deal with EU/IMF on reforms next week

Last Updated: Wednesday, April 1, 2015, 17:27

Greece should reach a deal with its euro zone partners and the International Monetary Fund next week on a package of reforms, which will help to unlock remaining bailout funds, the country`s economy minister said on Wednesday.

Greek reform list yet to take shape as talks with lenders continue

Last Updated: Monday, March 30, 2015, 09:36

Greece will run out of money by April 20 if it does not secure funding from its European partners.

Greek economy contracts more than first thought: Official data

Last Updated: Friday, February 27, 2015, 18:08

Greece`s troubled economy contracted by 0.4 percent in the fourth quarter of 2014 instead of the 0.2-percent figure given earlier this month, the state statistics agency said on Friday.

Tokyo shares at 8-year peak, Greek talks loom

Last Updated: Monday, February 16, 2015, 08:39

Oil prices faded after an early spurt, while the major currencies stayed locked in recent tight ranges.

Greece, EU see need for "national reform plan" to fix economy

Last Updated: Sunday, February 15, 2015, 18:42

Greece has agreed with its European partners that there needs to be a "national reform plan" to deal with decades-long issues of the economy, its government spokesman said on Sunday.

Dollar struggles after disappointing US, China data

Last Updated: Monday, February 2, 2015, 10:57

The euro rose to $1.1312 from $1.1284, and to 133.22 yen from 132.70 yen in US trade.

Greece will require no further aid after bailout exit: PM

Last Updated: Monday, December 30, 2013, 23:08

Greece will exit its EU-IMF bailout agreement as scheduled in 2014 and will require no further loans, Prime Minister Antonis Samaras said on Monday.

Greece to stay in recession in 2014, may need rescue: OECD

Last Updated: Wednesday, November 27, 2013, 20:42

Greece will remain mired in recession in 2014 for a seventh straight year, and is likely to need more financial assistance, the OECD said Wednesday, in contrast to forecasts by Athens.

Eurogroup: Greece may need further aid

Last Updated: Thursday, September 5, 2013, 22:35

Answering questions in the European Parliament here, Dijsselbloem said it was clear Greece's situation would remain grim despite recent progress, reports Xinhua.