Some in German govt preferred temporary Grexit: Schaeuble

Last Updated: Tuesday, July 14, 2015, 18:55

Initial drafts of the agreement European leaders reached with Greece early on Monday included a German proposal to make Greece take a "time-out" from the euro zone if it failed to meet conditions.

For France, mission accomplished as "Grexit" averted

Last Updated: Monday, July 13, 2015, 19:05

As President Francois Hollande led Angela Merkel off for a working dinner at his Elysee Palace a week ago last Monday, his advisers breathed deep sighs of relief.

Greece seals new bailout deal to avoid euro exit

Last Updated: Monday, July 13, 2015, 13:10

Greek Prime Minister Alexis Tsipras agreed to tough reforms after 17 hours of gruelling negotiations in return for a three-year bailout worth up to 86 billion euros, Greece's third rescue programme in five years.

Luxembourg warns Germany of catastrophe if it pushes for Grexit

Last Updated: Sunday, July 12, 2015, 17:08

Luxembourg`s foreign minister has made an impassioned plea for Germany to avoid a Greek exit from the euro, warning Berlin of a catastrophic schism with France if it pushes for Athens to leave the currency union.

Schaeuble has not raised ''Grexit'' at Eurogroup: Greek official

Last Updated: Saturday, July 11, 2015, 23:10

German Finance Minister Wolfgang Schaeuble has not raised the possibility of Greece exiting the euro zone at crisis talks in in Brussels discussing aid for Athens, Greek government officials said on Saturday.

Grexit would pose major security challenge: Experts

Last Updated: Wednesday, July 8, 2015, 22:33

As a key security partner for the West and the prime route for migrants arriving in Europe, Greece poses a threat to more than the financial stability of the continent if its crisis deepens.

'Grexit' scenario threatens to tarnish Angela Merkel's legacy

Last Updated: Wednesday, July 8, 2015, 17:56

Chancellor Angela Merkel`s tough stance on Greece plays well with German voters but carries a huge risk, analysts warn -- history would likely blame her for a catastrophic "Grexit".

Greece exit may destabilise eurozone economy: French PM

Last Updated: Tuesday, July 7, 2015, 18:15

French Prime Minister Manuel Valls on Tuesday warned that an eventual Grexit from the eurozone would put the economic recovery of the European bloc on edge and likely trigger political instability in the region.

Grexit cannot be excluded if no reforms: EU`s Dombrovskis

Last Updated: Tuesday, July 7, 2015, 17:48

The EU wants Greece in the eurozone but it could be forced out if it does not produce a credible reform package to satisfy creditors, EU Commissioner for the euro Valdis Dombrovskis said Tuesday.

Grexit threat puts Europe in tricky position after `No` vote

Last Updated: Tuesday, July 7, 2015, 01:05

Vote `Yes` or leave the euro: European leaders talked tough ahead of Greece`s momentous referendum, but that threat could seriously complicate a return to the negotiating table after Greeks said an emphatic `No` to more austerity.

Grexit not a foregone conclusion despite 'no' vote: DBS

Last Updated: Tuesday, July 7, 2015, 00:02

The largest Singaporean lender, DBS Bank, said Monday that the overwhelming Greece vote against austerity measures on Sunday is not a foregone conclusion for its exit from the euro zone.

Defiant PM rejects Grexit fears as he rallies 'No' vote

Last Updated: Saturday, July 4, 2015, 09:06

Greece's Prime Minister Alexis Tsipras got a rock-star welcome at an Athens rally as he sought to revive support for a "No" vote in a referendum called to strengthen his hand in talks with international creditors.