IMF's Lagarde says restructuring should suffice for Greek debt

Last Updated: Saturday, August 29, 2015, 18:45

A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt burden, the head of the International Monetary Fund was quoted as telling a Swiss newspaper.

Greek PM faces revolt after eurozone approves huge bailout

Last Updated: Saturday, August 15, 2015, 19:15

Greek Prime Minister Alexis Tsipras was Saturday battling a major revolt amongst members of his radical-left party who oppose the third huge bailout for the crisis-hit country.

Greece and creditors `close` to deal on third bailout

Last Updated: Monday, August 10, 2015, 09:07

Greece and its creditors continued marathon talks into Sunday night with both sides indicating that the terms of a third bailout were close to being finalised.

S&P downgrades outlook for EU after Greece crisis

Last Updated: Tuesday, August 4, 2015, 09:15

Standard & Poor`s has changed the outlook for the European Union from stable to negative after the bloc`s support for Greece and following Britain`s decision to vote on leaving the EU, S&P reported Monday.

Greek bailout talks shift into higher gear

Last Updated: Friday, July 31, 2015, 18:28

Greece's talks with its international creditors on a third bailout worth 85 billion euros (USD 93 billion) shifted into a higher gear on Friday, with lead negotiators from the European Union and International Monetary Fund meeting key ministers in Athens.

ECB leaves emergency liquidity for Greece unchanged

Last Updated: Wednesday, July 29, 2015, 18:14

The European Central Bank decided Wednesday to leave its stopgap credit lifeline for Greece unchanged, said a source close to the decision who asked not to be identified.

Greek banks to re-open on Monday

Last Updated: Friday, July 17, 2015, 10:51

Greek banks, which have remained shut since June 29, are due to re-open on Monday, after the ECB raised the level of emergency funding available.

Greece to vote on bailout after explosive IMF report

Last Updated: Wednesday, July 15, 2015, 13:47

Greece on Wednesday geared up for a parliamentary vote on draconian reforms demanded by eurozone creditors in exchange for a huge new bailout, just hours after a bombshell report from the International Monetary Fund criticised the deal.

Gold slips as dollar rises on Greece, Fed rate signals

Last Updated: Tuesday, July 14, 2015, 09:13

Greece won conditional agreement to receive a possible $95 billion over three years.

Eurozone to give verdict on Greece`s last-chance debt plan

Last Updated: Saturday, July 11, 2015, 15:10

Eurozone finance ministers on Saturday were to give their verdict on Greece`s last-chance bid for a third bailout to keep its ship-wrecked economy afloat and prevent its exit from the single European currency.

Greek PM wins backing for concessions; EU, IMF give positive signals

Last Updated: Saturday, July 11, 2015, 09:09

Greek Prime Minister Alexis Tsipras however faced a rebellion in his own party that could threaten his majority in parliament.

Greece submits reforms to creditors to stay in euro

Last Updated: Friday, July 10, 2015, 16:14

Lawmakers in Greece will vote as early as Friday whether to back a last-ditch reform plan the government submitted to creditors overnight in a bid to stave off financial collapse and exit from the eurozone.