Greece raises 1.4 bn euros in six-month treasury bill sale

Last Updated: Wednesday, September 2, 2015, 18:49

Greece raised Wednesday 1.137 billion euros ($1.280 billion) in an auction of six-month treasury bills at the same 2.97 percent interest rate it last sold them at last month, the Greek Public Debt Management Agency said.

Greek leftists say they would apply bailout but fight to ease pain

Last Updated: Sunday, August 30, 2015, 20:51

The leftist Syriza party of former Prime Minister Alexis Tsipras will challenge Greece`s creditors on unresolved aspects of the nation`s bailout but implement unpopular reforms it has already agreed, it said on Sunday.

Greece will tumble back into deep recession in 2015: EU

Last Updated: Wednesday, August 12, 2015, 18:30

The Greek economy, which crawled out of a six-year recession only in 2014, will shrink 2.3 percent in 2015 and another 1.3 percent in 2016, the sources said.

Greece, creditors fine-tune third bailout

Last Updated: Wednesday, August 12, 2015, 18:25

Athens and its creditors were set today to put the finishing touches to a third international bailout agreement aimed at saving Greece's stricken economy from collapse.

''Greek economy to be one third smaller than at peak level''

Last Updated: Wednesday, August 5, 2015, 23:19

A leading economic think tank on Wednesday forecast that Greece`s GDP will shrink this year by three percent and 2.3 percent next year. Thus it will eventually be nearly a third smaller than it was at its peak.

ECB leaves stopgap funding for Greek banks unchanged

Last Updated: Wednesday, August 5, 2015, 21:59

The European Central Bank decided Wednesday to leave its emergency credit lifeline for Greece unchanged for the next two weeks, said a source close to the matter who asked not to be identified.

Greece in 'final stretch' for deal with creditors: Alexis Tsipras

Last Updated: Wednesday, August 5, 2015, 18:45

Greece is in the "final stretch" of talks for a deal with creditors on a new bailout, Prime Minister Alexis Tsipras said Wednesday.

Greece loosens capital restrictions on businesses

Last Updated: Friday, July 24, 2015, 19:36

Greece started loosening restrictions on foreign transfers by businesses on Friday, unblocking imports held up after the country introduced capital controls last month.

Greece seeks bailout deal by August 20, sends bill to parliament

Last Updated: Tuesday, July 21, 2015, 18:13

The Greek government said Tuesday that it wants to see a final deal on its international bailout hammered out by August 20, as it presented parliament with more draft legislation on the cash-for-reforms agreement.

Greece prepares to reopen banks, apply tax hikes

Last Updated: Sunday, July 19, 2015, 17:12

Banks are set to reopen Monday after a three-week shutdown estimated to have cost the economy some 3.0 billion euros ($3.3 billion) in market shortages and export disruption.

S&P could upgrade Greece "pretty quickly" if deal sticks

Last Updated: Tuesday, July 14, 2015, 00:40

Standard and Poor`s could upgrade Greece`s rock bottom credit rating "pretty quickly" if Monday`s plan for a third euro zone bailout in five years looks like holding, the rating agency`s top European sovereign analyst said.

Eurozone, Greece agree 86 billion euros bailout deal

Last Updated: Monday, July 13, 2015, 22:03

Eurozone leaders made Greece surrender much of its sovereignty to outside supervision on Monday in return for agreeing to talks on an 86 billion euros bailout to keep the near-bankrupt country in the single currency.