German parliament backs Greek bailout with large majority

Last Updated: Wednesday, August 19, 2015, 17:27

The German parliament voted by an overwhelming majority Wednesday to back a third bailout for Greece, with Chancellor Angela Merkel spared a major rebellion of deputies opposing the aid.

Merkel girds for right-wing revolt in Greece bailout vote

Last Updated: Wednesday, August 19, 2015, 11:17

Approval of the latest 86 billion euro ($95 billion) emergency rescue plan for Athens is seen as assured given the 504 seats Merkel`s left-right "grand coalition" holds in the 631-seat Bundestag lower house.

Greek bailout: German lawmakers debate as Merkel faces rebellion

Last Updated: Tuesday, August 18, 2015, 17:40

German lawmakers broke off their holidays on Tuesday to debate Greece`s third bailout plan before approving it, though Chancellor Angela Merkel faces a rebellion in a vote shaping up as her last chance to keep Athens in the eurozone.

Germany eyes Iran business but Israel tops differences

Last Updated: Monday, July 20, 2015, 22:58

A German delegation led a much anticipated international push for new business in Iran on Monday, but a top official visiting Tehran put Israel at the top of their differences.

Greek banks reopen as Tsipras eyes return to normal

Last Updated: Monday, July 20, 2015, 11:28

Queues formed outside bank branches in central Athens as people waited to take care of business frozen during the three week-long bank holiday.

German lawmakers back Angela Merkel on Greece bailout plan

Last Updated: Friday, July 17, 2015, 17:56

German lawmakers gave Chancellor Angela Merkel the green light Friday to resume talks on a new EU-IMF bailout deal for Greece, after she passionately argued it was the last chance to prevent "chaos" in the crisis-hit country.

Back Greek talks or face chaos, Merkel tells German lawmakers

Last Updated: Friday, July 17, 2015, 15:41

Chancellor Angela Merkel called on German lawmakers on Friday to back negotiations for a third Greek bailout, saying the alternative was chaos and that suggestions Athens might leave the euro temporarily wouldn`t work.

IMF`s Lagarde urges debt restructuring for Greece

Last Updated: Friday, July 17, 2015, 12:43

IMF Managing Director Christine Lagarde said on Friday the Fund was ready to participate in what she called a "complete" package to put the Greek economy back on its feet, make its debt sustainable and allow it to get its funding from financial markets.

For France, mission accomplished as "Grexit" averted

Last Updated: Monday, July 13, 2015, 19:05

As President Francois Hollande led Angela Merkel off for a working dinner at his Elysee Palace a week ago last Monday, his advisers breathed deep sighs of relief.

Merkel warns 'long, difficult' road ahead for Greece deal

Last Updated: Monday, July 13, 2015, 13:29

"The road will be long, and judging by the negotiations tonight, difficult," Merkel told reporters, after bailout talks ended after more than 17 hours.

Greek compromise proposed after Tsipras, Hollande,Merkel talks

Last Updated: Monday, July 13, 2015, 12:32

The leaders of Greece, Germany, France and the EU proposed a "compromise" on a bailout deal for Athens at late-night talks which will now be put to the rest of the eurozone, a European source said early on Monday.