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 makes loan interest payment to IMF

Last Updated: Friday, August 7, 2015, 02:43

Greece made a loan interest payment due Thursday to the International Monetary Fund, the institution said, avoiding another default as the debt-riddled country negotiates a third rescue plan.

Greek PM sees bailout deal after August 15

Last Updated: Friday, August 7, 2015, 01:32

Greek Prime Minister Alexis Tsipras and French President Francois Hollande agreed Thursday that Athens and its international creditors "can and must" reach a bailout deal after August 15.

Greek finance minister says bailout deal possible by August 20

Last Updated: Wednesday, August 5, 2015, 01:14

Greek Finance Minister Euclid Tsakalotos expressed confidence Tuesday that Athens and its creditors will reach a deal on a new bailout in time for August 20, when a huge debt payment is due.

Greece's stock market to reopen today after five-week shutdown

Last Updated: Monday, August 3, 2015, 06:04

Greece's stock market will reopen on Monday after a five-week shutdown caused by capital controls, but local investors will face restrictions aimed at stemming capital flight.

Greek bailout talks with auditors begin

Last Updated: Saturday, August 1, 2015, 13:17

Senior EU-IMF auditors has held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis.

Greek creditors seek third wave of reforms before loan

Last Updated: Tuesday, July 28, 2015, 00:01

International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.

Greek banks to reopen Monday but capital controls remain

Last Updated: Saturday, July 18, 2015, 18:55

Greek banks will reopen Monday after a three-week closure and withdrawal limits have been relaxed, but capital controls remain in place, a government decree said Saturday.

Gold slides to 8-month low as US rate rise looms

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

Gold fell to an eight-month low on Thursday after the U.S. Federal Reserve`s reiteration that interest rates were likely to rise this year pushed the dollar index to a seven-week high.

ECB, Eurogroup give Greece breathing space after Athens vote

Last Updated: Thursday, July 16, 2015, 23:31

Eurozone ministers approved the launch of Greece bailout talks and the ECB boosted its cash lifeline to the crisis-hit country Thursday after lawmakers in Athens grudgingly passed a tough reform package demanded by creditors.

Spain PM to submit Greek debt deal to parliament

Last Updated: Wednesday, July 15, 2015, 13:40

Spain`s Prime Minister Mariano Rajoy said Wednesday he will submit the eurozone deal on Greece`s debts to parliament to ensure support for his country`s multi-billion dollar contribution.

Wall St lower on China fears; NYSE back to business

Last Updated: Thursday, July 9, 2015, 01:23

The US stocks fell more than 1 percent in afternoon trading on Wednesday as market turmoil in China eclipsed Greece`s debt crisis, while trading on the New York Stock Exchange resumed after a three-hour halt.