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.

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.

India's exports to Greece fall 15% on debt crisis: Govt

Last Updated: Wednesday, August 5, 2015, 19:40

The financial crisis in Greece has led to a 15.45 percent fall in India's exports to the European nation during the first quarter of this fiscal, Parliament was informed Wednesday.

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.

IMF calls for Greek debt relief 'compatible' with EU agenda

Last Updated: Friday, July 31, 2015, 20:38

The EU said on Friday that the International Monetary Fund's calls for debt relief for Greece are "fully compatible" with the agenda in Brussels for negotiating a third Athens bailout.

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.

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.