Greece Debt Crisis Agreement

Having staved off financial meltdown with a new agreement from Greece's international creditors, Tsipras now faces the anger of lawmakers and the public for agreeing to measures much tougher than those rejected in a referendum on July 5.

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.

Asian shares and the euro were tentatively higher on Tuesday on hopes that Greece's conditional bailout agreement would bring to an end that country's debt crisis, though caution kept broad gains in check.

A majority of Greeks would vote No to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on today.

Help is at hand for the indebted Greek people: a bailout fund has been set up for them on crowd-funding website Indiegogo.

A "yes" win in a planned weekend referendum in Greece would be good for Greece as it would allow its creditors to negotiate with a new government in Athens, Spanish Prime Minister Mariano Rajoy said today.

The surprise call marked the most dramatic twist yet in five-month negotiations between Greece and its lenders, plunging the cash-strapped nation into uncharted waters and risking a default and capital controls as hopes for an agreement faded.

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.

The euro hit a one-month high and Asian shares climbed for a seventh straight day on Tuesday after a deal on new debt targets for Greece and a political agreement on disbursing the next installment of aid.

Euro zone finance ministers and the International Monetary Fund clinched agreement on a new debt target for Greece on Monday in a breakthrough towards releasing an urgently needed tranche of loans to the near-bankrupt economy, officials said.

An EU diplomat says that an agreement has been reached to give Greece euro 130 billion ($170 billion) more in bailout loans and bring its debt down to 120.5 per cent of GDP by 2020. The official, who spoke on condition of anonymity, said the details were still being worked out in the early hours of Tuesday, more than 12 hours after discussions bega...

Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital euro 130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists and the conservatives will allow alternative cuts to those rejected early Thursday during a mee...

Greek leaders on Tuesday will seek an agreement on harsh cutbacks demanded to avoid looming bankruptcy.

Greece's outgoing Prime Minister George Papandreou said Wednesday that an agreement had been reached with the opposition on the creation of an interim government that will secure the country's new debt deal.

Having staved off financial meltdown with a new agreement from Greece's international creditors, Tsipras now faces the anger of lawmakers and the public for agreeing to measures much tougher than those rejected in a referendum on July 5.

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.

Asian shares and the euro were tentatively higher on Tuesday on hopes that Greece's conditional bailout agreement would bring to an end that country's debt crisis, though caution kept broad gains in check.

A majority of Greeks would vote No to the terms of a proposed bailout deal by foreign lenders but the lead narrowed significantly after banks were closed this week, according to an opinion poll published on today.

Help is at hand for the indebted Greek people: a bailout fund has been set up for them on crowd-funding website Indiegogo.

A "yes" win in a planned weekend referendum in Greece would be good for Greece as it would allow its creditors to negotiate with a new government in Athens, Spanish Prime Minister Mariano Rajoy said today.

The surprise call marked the most dramatic twist yet in five-month negotiations between Greece and its lenders, plunging the cash-strapped nation into uncharted waters and risking a default and capital controls as hopes for an agreement faded.

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.

The euro hit a one-month high and Asian shares climbed for a seventh straight day on Tuesday after a deal on new debt targets for Greece and a political agreement on disbursing the next installment of aid.

Euro zone finance ministers and the International Monetary Fund clinched agreement on a new debt target for Greece on Monday in a breakthrough towards releasing an urgently needed tranche of loans to the near-bankrupt economy, officials said.

An EU diplomat says that an agreement has been reached to give Greece euro 130 billion ($170 billion) more in bailout loans and bring its debt down to 120.5 per cent of GDP by 2020. The official, who spoke on condition of anonymity, said the details were still being worked out in the early hours of Tuesday, more than 12 hours after discussions bega...

Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital euro 130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists and the conservatives will allow alternative cuts to those rejected early Thursday during a mee...

Greek leaders on Tuesday will seek an agreement on harsh cutbacks demanded to avoid looming bankruptcy.

Greece's outgoing Prime Minister George Papandreou said Wednesday that an agreement had been reached with the opposition on the creation of an interim government that will secure the country's new debt deal.