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Greece`s government `may resign` in event of `No` vote

Last Updated: Thursday, July 2, 2015, 15:37

Greece`s radical left government suggested it would resign if it fails to get its way in a make-or-break referendum Sunday that could decide the country`s financial future.

Greece's PM Tsipras digs in against bailout

Last Updated: Wednesday, July 1, 2015, 12:53

Greece was being "blackmailed", he said, quashing talk that he might delay the vote, call it off or urge Greeks to vote yes.

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.

Creditors set bailout ultimatum for defiant Greeks

Last Updated: Thursday, June 25, 2015, 15:46

Greece`s international creditors gave Athens an ultimatum to come up with a credible reform plan on Thursday warning they would otherwise put their own proposals to euro zone finance ministers for approval, a euro zone official said. 

Greece offers new proposals to avert default, creditors see hope

Last Updated: Tuesday, June 23, 2015, 09:05

Greece took a step back from the abyss on Monday with the presentation of new budget proposals that euro zone leaders welcomed as a basis for a possible agreement in the coming days to unlock frozen aid and avert a looming default.

India Inc needs be active before finalisation of tax proposals

Last Updated: Friday, June 19, 2015, 15:58

"The senior functionaries in government engaged and involved with policy making are much more receptive in modern times as compared to 15-20 years ago and therefore, can suitably accommodate industry's inputs along with its perspective in the final policy document to plug possibilities of faltering and making unintended mistakes," he said.

Greek debt talks end with no deal: EU

Last Updated: Friday, June 19, 2015, 00:00

Crunch talks to resolve a five-month standoff between Greece and its EU-IMF creditors ended Thursday without a deal, Valdis Dombrovskis, the European Commission vice-president for the euro, said today.

Greece, EU powers agree to step up debt talks as crunch looms

Last Updated: Thursday, June 11, 2015, 08:59

Greek Prime Minister Alexis Tsipras held a new round of late-night talks with the leaders of Germany and France and agreed to intensify negotiations with Athens` creditors ahead of a looming default at the end of the month.

EU says not satisfied with new Greek reform plan

Last Updated: Wednesday, June 10, 2015, 16:01

The European Commission said Wednesday it was not satisfied with Greece`s new bailout reform proposals, saying they "do not reflect" earlier discussions between Brussels and Athens.

Greece gives new reform plan to creditors: European sources

Last Updated: Tuesday, June 9, 2015, 13:53

Greece has submitted a promised reform plan to its EU-IMF creditors, a day before Prime Minister Alexis Tsipras is due to discuss how to end Athens`s debt crisis with the French and German leaders, European sources told AFP Tuesday.

Greece makes `concessions` in reform plan to creditors: PM

Last Updated: Tuesday, June 2, 2015, 16:10

Greece has submitted a "realistic" reform plan to its international creditors that includes concessions, Prime Minister Alexis Tsipras said on Tuesday.

`Serious progress` in Greece talks but `work to do`: Commissioner

Last Updated: Tuesday, June 2, 2015, 12:28

There has been "serious progress" in talks over Greece`s debt crisis but much still needs to be achieved, the EU`s commissioner for Economic and Monetary Affairs said on Tuesday.