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Euro Zone Summit Aims to Save Greece in Euro Zone
Euro zone leaders will fight to the finish to keep near-bankrupt Greece in the euro zone today after the European Union's chairman cancelled a planned summit of all 28 EU leaders that would have been needed in case of a "Grexit".
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Eurozone Ministers to Give Verdict on Greece's Debt Plan
An EU source in Brussels said on Friday that the latest debt proposals from Athens -- which closely resemble the last offer from its creditors before talks stalled -- were "positive" enough to form the basis of a massive new bailout worth 74 billion euros ($82 billion).
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Eurozone Stability 'Not in Question' After Greek Vote: EU
Eurozone's stability is "not in question" after Greeks voted 'no' to creditors' austerity demands in a weekend referendum, European Commission vice president for the euro Valdis Dombrovskis said on Monday.
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9 Days in the Greek Debt Crisis
Greek voters' defiant rejection Sunday of the terms of an international bailout capped a dramatic week for the country in its standoff with EU and IMF creditors, who are demanding tough austerity measures in return for further rescue funds.
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Eurozone Refuses Greek Bailout Extension, More Talks on Wednesday
Finnish Finance Miniseter Alex Stubb said an extension was "not possible" and said a request for a new rescue programme with the European Stability Mechanism (ESM), the EU's bailout vehicle, "is always dealt with through normal procedures."
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EU Leaders Urge Greeks to Vote 'Yes' to Stay in Euro
In Brussels, an emotional EU chief Jean-Claude Juncker bitterly criticised Greek premier Alexis Tsipras, saying he felt "betrayed" by the leftist Syriza government's behaviour and adding it was time to tell voters "the truth".
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In Europe, China Premier Pledges to Hold on to Eurozone Debt
China promised the European Union on Monday it would hold on to its Eurozone debt, Chinese state media reported, saying the Greek debt crisis was Beijing's problem too.
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Greek Debt Talks Stumble Before EU Leaders Gather
Eurogroup ministers cut short an emergency meeting summoned to approve an agreement after little more than an hour because there was no deal ready for them to discuss.
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Greece Submits Fresh Plan on Eve of EU Emergency Summit
Greek Prime Minister Alexis Tsipras presented new proposals to European leaders today aimed at ending his country's debt crisis, on the eve of a summit that could determine whether Greece crashes out of the eurozone.
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Angela Merkel Says 'Still Convinced' Greek Debt Deal Possible
German Chancellor Angela Merkel said she was convinced it was still possible to reach an accord with Greece on its crippling debt crisis, ahead of crunch EU talks today.
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Greece, Creditors Harden Stance After Debt Talks Collapse
Greece and its creditors hardened their stances on Monday after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a 'state of emergency'.
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IMF Quits Greek Talks; EU Tells Tsipras to Stop Gambling
The International Monetary Fund dramatically raised the stakes in Greece's stalled debt talks on Thursday, announcing that its delegation had left negotiations in Brussels and flown home because of major differences with Athens.
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Left-Wing Greek Prime Minister to Visit Austerity Champion Angela Merkel
The leaders of debt-wracked Greece and economic powerhouse Germany meet in Berlin Monday after weeks of bad blood over Athens' debt woes, bitter wartime memories and an offensive hand gesture.
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ECB Raises Pressure on Greece as Tsipras Meets EU Peers
After euro zone finance ministers failed to agree a joint statement about a way forward on Greece's debt crisis, the ECB's Governing Council held a short-notice teleconference to discuss how long it could continue to keep Greek banks afloat.
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Greece Insists on Temporary Funding to Give Time for Reforms
The Greek government will insist in negotiations with its EU creditors on reaching a deal on temporary funding before it presents a long-term agenda for renegotiating the country's foreign loans, a government source said on Friday.
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Euro Zone Summit Aims to Save Greece in Euro Zone
Euro zone leaders will fight to the finish to keep near-bankrupt Greece in the euro zone today after the European Union's chairman cancelled a planned summit of all 28 EU leaders that would have been needed in case of a "Grexit".
-
Eurozone Ministers to Give Verdict on Greece's Debt Plan
An EU source in Brussels said on Friday that the latest debt proposals from Athens -- which closely resemble the last offer from its creditors before talks stalled -- were "positive" enough to form the basis of a massive new bailout worth 74 billion euros ($82 billion).
-
Eurozone Stability 'Not in Question' After Greek Vote: EU
Eurozone's stability is "not in question" after Greeks voted 'no' to creditors' austerity demands in a weekend referendum, European Commission vice president for the euro Valdis Dombrovskis said on Monday.
-
9 Days in the Greek Debt Crisis
Greek voters' defiant rejection Sunday of the terms of an international bailout capped a dramatic week for the country in its standoff with EU and IMF creditors, who are demanding tough austerity measures in return for further rescue funds.
-
Eurozone Refuses Greek Bailout Extension, More Talks on Wednesday
Finnish Finance Miniseter Alex Stubb said an extension was "not possible" and said a request for a new rescue programme with the European Stability Mechanism (ESM), the EU's bailout vehicle, "is always dealt with through normal procedures."
-
EU Leaders Urge Greeks to Vote 'Yes' to Stay in Euro
In Brussels, an emotional EU chief Jean-Claude Juncker bitterly criticised Greek premier Alexis Tsipras, saying he felt "betrayed" by the leftist Syriza government's behaviour and adding it was time to tell voters "the truth".
-
In Europe, China Premier Pledges to Hold on to Eurozone Debt
China promised the European Union on Monday it would hold on to its Eurozone debt, Chinese state media reported, saying the Greek debt crisis was Beijing's problem too.
-
Greek Debt Talks Stumble Before EU Leaders Gather
Eurogroup ministers cut short an emergency meeting summoned to approve an agreement after little more than an hour because there was no deal ready for them to discuss.
-
Greece Submits Fresh Plan on Eve of EU Emergency Summit
Greek Prime Minister Alexis Tsipras presented new proposals to European leaders today aimed at ending his country's debt crisis, on the eve of a summit that could determine whether Greece crashes out of the eurozone.
-
Angela Merkel Says 'Still Convinced' Greek Debt Deal Possible
German Chancellor Angela Merkel said she was convinced it was still possible to reach an accord with Greece on its crippling debt crisis, ahead of crunch EU talks today.
-
Greece, Creditors Harden Stance After Debt Talks Collapse
Greece and its creditors hardened their stances on Monday after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a 'state of emergency'.
-
IMF Quits Greek Talks; EU Tells Tsipras to Stop Gambling
The International Monetary Fund dramatically raised the stakes in Greece's stalled debt talks on Thursday, announcing that its delegation had left negotiations in Brussels and flown home because of major differences with Athens.
-
Left-Wing Greek Prime Minister to Visit Austerity Champion Angela Merkel
The leaders of debt-wracked Greece and economic powerhouse Germany meet in Berlin Monday after weeks of bad blood over Athens' debt woes, bitter wartime memories and an offensive hand gesture.
-
ECB Raises Pressure on Greece as Tsipras Meets EU Peers
After euro zone finance ministers failed to agree a joint statement about a way forward on Greece's debt crisis, the ECB's Governing Council held a short-notice teleconference to discuss how long it could continue to keep Greek banks afloat.
-
Greece Insists on Temporary Funding to Give Time for Reforms
The Greek government will insist in negotiations with its EU creditors on reaching a deal on temporary funding before it presents a long-term agenda for renegotiating the country's foreign loans, a government source said on Friday.
