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Greece rejects creditors` counter-proposals

Last Updated: Wednesday, June 24, 2015, 21:46

Greece rejected Wednesday "counter proposals" from creditors that were issued in response to Athens` latest budgetary plan, in light of the IMF`s position, a government source said.

Greece slams creditors as hopes dim for debt deal

Last Updated: Wednesday, June 24, 2015, 21:33

Greek Prime Minister Alexis Tsipras lashed out at his country`s creditors ahead of critical talks Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.

Alexis Tsipras flies to Brussels to try to bridge gaps with Greece's creditors

Last Updated: Wednesday, June 24, 2015, 17:50

Prime Minister Alexis Tsipras flew to Brussels to meet Greece`s international creditors on Wednesday to try to bridge gaps on key elements of the proposals made by his left-wing government to shore up state finances in return for vital loans.

Greece's Alexis Tsipras slams IMF in blow to crunch talks

Last Updated: Wednesday, June 24, 2015, 17:33

Prime Minister Alexis Tsipras launched a scathing attack on the IMF for rejecting Greek reform proposals ahead of talks in Brussels Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.

China says up to United States to resume cyber security talks

Last Updated: Tuesday, June 23, 2015, 18:25

It is up to the United States to create conditions to resume regular talks on cyber security, China`s foreign ministry said on Tuesday, as the two countries began three days of high-level meetings in Washington.

ECB keeps Greece on life support as leaders meet

Last Updated: Monday, June 22, 2015, 22:55

European Central Bank chiefs will discuss whether to extend Greece`s funding lifeline again after the meeting of euro zone leaders on Monday, officials said.

Eurozone welcomes new Greek debt proposals, more work to do

Last Updated: Monday, June 22, 2015, 19:54

Eurozone finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default.

Eurogroup talks over, new Greece debt meeting in days: Officials

Last Updated: Monday, June 22, 2015, 18:41

A meeting of eurozone finance ministers to prepare the ground for a leaders summit on Greece later Monday has ended without agreement, and another round of talks is expected in coming days, officials said.

Greece deal in doubt at crucial debt talks

Last Updated: Monday, June 22, 2015, 18:37

Greece`s international creditors poured cold water on the chances of a breakthrough at an emergency summit on Monday aimed at finding a deal to save Athens from default and a possible exit from the euro.

Greece offers new proposals ahead of emergency summit

Last Updated: Monday, June 22, 2015, 14:34

Greek Prime Minister Alexis Tsipras made a new offer on a reforms package to foreign creditors on Sunday, signalling eleventh-hour concessions to break a deadlock that has pushed Greece to the brink of bankruptcy.

Oil prices down with eyes on Greece, Iran talks

Last Updated: Monday, June 22, 2015, 09:03

US benchmark West Texas Intermediate for July delivery fell 10 cents to $59.51 while Brent crude for August eased 13 cents to $62.89 in late-morning trade. 

Greece gives new debt deal proposals ahead of crucial summit

Last Updated: Sunday, June 21, 2015, 20:22

Greek Prime Minister Alexis Tsipras unveiled new proposals to European leaders Sunday aimed at ending his country`s debt crisis, on the eve of a summit which could determine whether Greece crashes out of the eurozone.