Greece Crisis
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Alexis Tsipras Says Debt Relief is Key to Recovery
Greek Prime Minister Alexis Tsipras told lawmakers on Monday that debt relief is essential for the crisis-hit country to return to growth and regain access to market financing by the first half of 2017.
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Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials
Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.
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Greek PM Tsipras to Resign on Thursday: Official
Greek Prime Minister Alexis Tsipras will submit his resignation to the country's president later Thursday to clear the way for early elections on Sept. 20, a government official said.
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Greek Deal 'Important Step' But Debt Still Too High: International Monetary Fund Chief Christine Lagarde
IMF chief Christine Lagarde on Friday welcomed Europe's decision to agree a new 86-billion-euro bailout for Greece, but warned that Athens' debt is still too high.
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Thousands Protest as Greece Votes on Bailout Bill
Thousands of anti-austerity protesters gathered in Athens on Wednesday night as lawmakers prepared to vote on a second batch of reforms that must pass if Greece is to unlock a huge international bailout.
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Angela Merkel Urges Conservative MPs to Back Greek Debt Deal
German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble on Thursday urged conservative lawmakers to back a third debt deal for Greece, on the eve of a key Bundestag vote on the new rescue package.
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Greece Misses New Payment to IMF Despite Bailout Deal
Greece missed the second debt payment to the International Monetary Fund in two weeks on Monday, despite having reached agreement with official creditors on a new bailout program earlier in the day.
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#ThisIsACoup Trends on Twitter as Eurozone Agrees Tough Greece Deal
A bailout proposal euro zone countries hammered out for Greece has sparked a trending Twitter hashtag, #ThisIsACoup, for containing harsh terms seen as stripping Athens of its fiscal sovereignty.
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Greek 'Compromise' Proposed After Alexis Tsipras, Francois Hollande and Angela Merkel Talks
The leaders of Greece, Germany, France and the EU proposed a "compromise" on a bailout deal for Athens at late-night talks which will now be put to the rest of the euro zone, a European source told AFP early today.
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Greek Newspapers Running Out of Paper
With banks shut and the economy seizing up, some Greek newspapers like the Empros daily on the island of Lesvos are running out of paper and could be forced to stop sales altogether until the banks open again.
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Barack Obama, Angela Merkel Discuss Greek Debt Crisis in Phone Call
President Barack Obama spoke by telephone with German Chancellor Angela Merkel on Tuesday to discuss the Greece debt crisis before his talks with Greek Prime Minister Alexis Tsipras, the White House said.
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Cartoonist Cyber-Bullied as Greek Politics Turn Sour
One of Greece's most popular cartoonists has pulled down his Facebook page after what appeared to be a concerted attack by pro-government cyber bullies.
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Companies in Greece Offer Salaries in Cash During Bank Shutdown
At least three companies in Greece including its biggest electronic appliances chain have paid staff in cash, after the country imposed limits on withdrawals from banks last week in an bid to ward off a possible collapse of its banking system.
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Eurozone's Poorer Nations Take Hard Line on Greece
The eurozone's poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.
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White House Calls on Greece, European Union to Find Compromise
The White House urged Greece and EU leaders Monday to find a compromise to keep the cash-strapped country in the eurozone, after Greeks voted resoundingly to reject an austerity-based bailout.
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Alexis Tsipras Says Debt Relief is Key to Recovery
Greek Prime Minister Alexis Tsipras told lawmakers on Monday that debt relief is essential for the crisis-hit country to return to growth and regain access to market financing by the first half of 2017.
-
Greece Likely to Meet Deadline for Bank Money Release: Euro Zone Officials
Greece is likely to qualify for recapitalisation funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector reforms that it can implement by then, euro zone officials said on Friday.
-
Greek PM Tsipras to Resign on Thursday: Official
Greek Prime Minister Alexis Tsipras will submit his resignation to the country's president later Thursday to clear the way for early elections on Sept. 20, a government official said.
-
Greek Deal 'Important Step' But Debt Still Too High: International Monetary Fund Chief Christine Lagarde
IMF chief Christine Lagarde on Friday welcomed Europe's decision to agree a new 86-billion-euro bailout for Greece, but warned that Athens' debt is still too high.
-
Thousands Protest as Greece Votes on Bailout Bill
Thousands of anti-austerity protesters gathered in Athens on Wednesday night as lawmakers prepared to vote on a second batch of reforms that must pass if Greece is to unlock a huge international bailout.
-
Angela Merkel Urges Conservative MPs to Back Greek Debt Deal
German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble on Thursday urged conservative lawmakers to back a third debt deal for Greece, on the eve of a key Bundestag vote on the new rescue package.
-
Greece Misses New Payment to IMF Despite Bailout Deal
Greece missed the second debt payment to the International Monetary Fund in two weeks on Monday, despite having reached agreement with official creditors on a new bailout program earlier in the day.
-
#ThisIsACoup Trends on Twitter as Eurozone Agrees Tough Greece Deal
A bailout proposal euro zone countries hammered out for Greece has sparked a trending Twitter hashtag, #ThisIsACoup, for containing harsh terms seen as stripping Athens of its fiscal sovereignty.
-
Greek 'Compromise' Proposed After Alexis Tsipras, Francois Hollande and Angela Merkel Talks
The leaders of Greece, Germany, France and the EU proposed a "compromise" on a bailout deal for Athens at late-night talks which will now be put to the rest of the euro zone, a European source told AFP early today.
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Greek Newspapers Running Out of Paper
With banks shut and the economy seizing up, some Greek newspapers like the Empros daily on the island of Lesvos are running out of paper and could be forced to stop sales altogether until the banks open again.
-
Barack Obama, Angela Merkel Discuss Greek Debt Crisis in Phone Call
President Barack Obama spoke by telephone with German Chancellor Angela Merkel on Tuesday to discuss the Greece debt crisis before his talks with Greek Prime Minister Alexis Tsipras, the White House said.
-
Cartoonist Cyber-Bullied as Greek Politics Turn Sour
One of Greece's most popular cartoonists has pulled down his Facebook page after what appeared to be a concerted attack by pro-government cyber bullies.
-
Companies in Greece Offer Salaries in Cash During Bank Shutdown
At least three companies in Greece including its biggest electronic appliances chain have paid staff in cash, after the country imposed limits on withdrawals from banks last week in an bid to ward off a possible collapse of its banking system.
-
Eurozone's Poorer Nations Take Hard Line on Greece
The eurozone's poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.
-
White House Calls on Greece, European Union to Find Compromise
The White House urged Greece and EU leaders Monday to find a compromise to keep the cash-strapped country in the eurozone, after Greeks voted resoundingly to reject an austerity-based bailout.
