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Greece`s Tsipras: Bridging loan would be a `return to crisis without end`

Last Updated: Friday, August 14, 2015, 13:07

Greek Prime Minister Alexis Tsipras warned Friday that a German proposal to give his debt-ridden country a bridging loan rather than agree a new bailout would be "a return to a crisis without end".

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.

Euro firms after Greece passes bailout reforms

Last Updated: Thursday, July 23, 2015, 08:29

The euro traded higher against the dollar and the yen on Thursday as Greece`s parliament passed legislation on reforms crucial to securing bailout funds from its creditors.

Banks to reopen, taxes hiked as Greece prepares to reboot economy

Last Updated: Monday, July 20, 2015, 08:57

Greek banks prepared to reopen Monday after a three-week shutdown, but capital controls remained largely in place while citizens also face widespread price hikes.

SBI may delay $1.5-billion bond sale due to Greek crisis

Last Updated: Wednesday, July 8, 2015, 16:18

State Bank of India (SBI) may delay USD 1.5 billion overseas bond issuance programme due to volatility in foreign market as a result of Greek debt crisis.

Europe demands new Greek debt plan at crisis summit

Last Updated: Tuesday, July 7, 2015, 18:06

European leaders warned Greek Prime Minister Alexis Tsipras to submit new bailout proposals at an emergency summit on Tuesday or risk leaving the euro, after Greeks defiantly voted `No` to further austerity.

Greek referendum final polls show 'No' vote ahead by small margin

Last Updated: Sunday, July 5, 2015, 21:48

Final opinion polls released after the end of voting in Greece`s referendum showed the `No` vote leading by a small margin in Sunday`s vote on a bailout proposal from creditors.

Greeks vote for 'destiny' in poll putting euro future in doubt

Last Updated: Sunday, July 5, 2015, 19:06

Greece voted in a tightly fought referendum Sunday that Prime Minister Alexis Tsipras said will determine its "destiny" in the eurozone, as the EU country teetered on the brink of financial collapse.

Athens eyeing deal to tax assets hidden in Swiss banks: Report

Last Updated: Sunday, July 5, 2015, 17:25

Athens wants a tax amnesty deal for Greeks who have stashed cash in Swiss banks, in a bid to bring much-needed revenue to the debt-laden country, a Swiss newspaper reported Sunday.

Sugar, flour, rice: panicked Greeks stock up on essentials

Last Updated: Sunday, July 5, 2015, 00:29

Greeks were hoarding cash and food amid mounting fears the economy could collapse, cracking open their wallets only to stock up on essentials and stripping supermarket shelves in the process.

Greece set to vote in bailout referendum

Last Updated: Sunday, July 5, 2015, 00:22

Greece is set to vote in a referendum on Sunday to decide whether to accept the debt draft deal with international creditors to restart financial aid to the country, or to reject the lenders` programme that requires Greeks to accept further austerity measures and economic reforms.

Split Greece teeters on the brink with referendum

Last Updated: Saturday, July 4, 2015, 23:42

EU leaders have warned that a `No` victory could cause Greece to crash out of the eurozone.