Greek crisis threatens European dream: Analysts

Last Updated: Monday, June 29, 2015, 21:02

Europe`s failure to solve the Greek debt crisis risks lasting damage to the post-war dream of "ever closer union" at a time when it faces new threats on its borders, analysts said.

`Grexit` to `Greferendum`: Athens on the brink of default

Last Updated: Sunday, June 28, 2015, 15:46

In Brussels, a sense of stupor prevails. The decision comes at the worst moment, in the final stage of negotiations when "98-99 percent" of the deal had already been agreed, according to a participant in the talks.

Germany says surprise Greek referendum plan shuts door on negotiations

Last Updated: Saturday, June 27, 2015, 19:29

But after they were blindsided by Tsipras`s surprise middle-of-the-night announcement that he rejected their offer and would put it to voters only after Tuesday`s deadline, several said all that remained to discuss was "Plan B" - how to limit the damage.

Greece says wants to continue debt talks based on its proposals

Last Updated: Saturday, June 27, 2015, 19:05

Greece wants to continue negotiations for a cash-for-reforms deal with its creditors based on the proposals it has submitted, which the government believes are the best basis for talks, a Greek government official said on Saturday.

Eurozone ministers face shock Greece referendum call

Last Updated: Saturday, June 27, 2015, 16:13

The gambit by Tsipras heightened anxiety over a possible Greek default next Tuesday that could potentially push Greece towards an exit of the eurozone and risk throwing the European Union project as a whole into crisis.

Key meetings ahead over Greece crisis

Last Updated: Saturday, June 20, 2015, 23:38

The goal is to bridge the gap between the leftist Greek government and its EU-IMF creditors over the economic and budgetary reforms Athens needs to commit to in order to unblock the last tranche of 7.2 billion euros in the country`s second international bailout since 2010.

Greece`s Varoufakis wants `clear decision` from Merkel at summit

Last Updated: Saturday, June 20, 2015, 22:10

Greece`s Finance Minister Yanis Varoufakis said German Chancellor Angela Merkel must make a clear decision at a eurozone summit Monday on whether to negotiate a rescue deal with Athens or heed populist calls to jettison the debt-wracked country.

Eurozone ministers demand `new proposal` ahead of Greece summit

Last Updated: Friday, June 19, 2015, 18:21

EU President Donald Tusk called a summit of the leaders of the 19 eurozone countries on Monday in Brussels after the Eurogroup meeting on Thursday failed to break a five-month-old deadlock between the government in Athens and its EU-IMF creditors.

Greece hopeful of last-ditch deal despite default warnings

Last Updated: Friday, June 19, 2015, 17:57

Greece has until June 30 to agree a reform deal in order to secure the remaining portion of its multi-billion-euro bailout, which it needs to avoid defaulting on a debt payment of around 1.5 billion euros to the International Monetary Fund.

European stocks open lower as IMF halts Greek talks

Last Updated: Friday, June 12, 2015, 15:07

"European equities are trading moderately lower this morning after yesterday`s rally had come to an abrupt halt on the back of reports that the IMF has halted negotiations with Greece due to a lack of progress," said analyst Markus Huber at brokerage Peregrine & Black.

Merkel says ''there isn''t much time left'' for Greece

Last Updated: Tuesday, June 9, 2015, 10:28

The German chancellor confirmed her intention to meet again with Greek Prime Minister Alexis Tsipras in Brussels on June 17 under the auspices of the EU summit meeting with the Community of Latin American and Caribbean States, or CELAC.

Greek, Ukraine crises loom over G7 summit

Last Updated: Sunday, June 7, 2015, 17:41

Greece`s bailout agreement with its creditors expires at the end of June. Should Athens miss its loan payments and default, many fear this would set off a chain of events that could lead to a messy Greek exit from the euro.