Merkel says won't discuss new Greek request before referendum: Lawmaker

Last Updated: Tuesday, June 30, 2015, 21:26

Greece on Tuesday requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires.

Greece declines to pay IMF loan instalment on Tuesday

Last Updated: Tuesday, June 30, 2015, 19:03

The Greek minister made the statement outside the finance ministry in Athens when asked by media about the issue with the critical deadline expiring on Tuesday afternoon.

Back to the drachma? Greek lawmaker touches a nerve

Last Updated: Tuesday, June 30, 2015, 17:51

But there are a growing number of warnings from Greece`s European partners that a `No` vote in a referendum on Sunday on the terms of a bailout deal would lead to a Greek exit from Europe`s common currency.

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.

`Grexit` to `Greferendum`: Athens on the brink of default

Last Updated: Sunday, June 28, 2015, 15:46

In Brussels, a sense of stupor prevails. The decision comes at the worst moment, in the final stage of negotiations when "98-99 percent" of the deal had already been agreed, according to a participant in the talks.

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.

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.

Eurozone loans to private sector growing again: ECB

Last Updated: Friday, June 26, 2015, 14:02

After long months of contraction, the volume of loans to private businesses and households increased by 0.5 percent May compared with the same month in 2014, the ECB said in a statement.

Greek debt talks stumble before EU leaders gather

Last Updated: Thursday, June 25, 2015, 09:03

Eurogroup ministers cut short an emergency meeting summoned to approve an agreement after little more than an hour because there was no deal ready for them to discuss.

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.

Greece says ready to compromise, calls for Merkel decision

Last Updated: Saturday, June 20, 2015, 23:29

Tsipras, who has never hidden his desire that an eventual accord be hashed out between political leaders rather than by negotiating teams of technical advisers will find his European peers waiting expectantly for breakthrough proposals at Monday`s emergency summit.

Juncker says `I don`t understand Tsipras`: Report

Last Updated: Friday, June 19, 2015, 19:20

He said Athens had obviously misunderstood his role in seeking a compromise as "someone who can pull a rabbit out of the hat", Juncker said. "But that is not the case. I repeatedly warned Mr Tsipras that he cannot rely on me to prevent a collapse of talks."