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Greece, Lenders Clinch Bailout Deal After Marathon Talks
Greece and its international lenders clinched a multi-billion-euro bailout agreement today after marathon talks through the night, officials said, raising hopes aid can be disbursed in time for a major debt repayment falling due in days.
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Relief and Much Anger in Greece as Tsipras Clinches Deal
A sleep-deprived Prime Minister Alexis Tsipras will fly back to Athens to sell an agreement that ended up being tougher than proposals Greeks overwhelmingly rejected in a referendum on July 5. He has days to quell dissent within his own ranks -- probably by sacking hardliners -- and ram reform laws through parliament.
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Eurogroup Ministers Expect 'New Proposals' from Greece
Eurogroup ministers expect fresh reform proposals from the Greek government in talks on Tuesday, a statement said on Monday, a day after Greeks overwhelmingly rejected terms demanded by creditors.
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Europe's Impossible Dilemma: Let Greece Stay or Let it Go?
Berlin, Paris and Brussels all warned in the run-up to Sunday's referendum that a 'No' vote to the EU-IMF reform demands was a 'No' vote for the single currency and a return to the drachma.
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Euro Drops Against Dollar After Greek Referendum Early Results
The euro was dropping against the dollar Sunday after early results of the Greece bailout referendum suggested the country rejected fresh austerity demands from EU-IMF creditors.
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Greece Set to Vote in Crucial Referendum
Greece heads to the crucial referendum today which could decide not only its own future but also that of Europe.
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How I Would Vote in the Greek Referendum
Neither alternative approval or rejection of the terms Greece has been presented with will be easy, and both carry huge risks, says Joseph E. Stiglitz.
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Eurozone to Discuss New Greece Request
Greek Prime Minister Alexis Tsipras requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires later Tuesday.
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Ten Days That Shook The Euro; How Greece Came to the Brink
Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout programme on Friday on terms its government was just elected to get out of.
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Dow, S&P 500 Close at Record Highs on Greece Debt Deal
The Dow Jones industrial average rose 154.67 points, or 0.86 per cent, to 18,140.44, the S&P 500 gained 12.85 points, or 0.61 per cent, to 2,110.3 and the Nasdaq Composite added 31.27 points, or 0.63 per cent, to 4,955.97.
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Greece Warns Euro Could Collapse Like House of Cards
Mr Varoufakis also incurred the wrath of his Italian counterpart Pier Carlo Padoan by comparing Italy's problem with its large public debt to those of Greece.
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European shares, euro fall as Greek deal proves elusive
European shares and the euro fell on Wednesday after Greece's international lenders failed to reached an agreement needed to provide it with emergency aid, though some of the losses were recouped on talk that a deal was close.
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EU, IMF clash over Greece revives debt crisis fears
A public clash between Greece's international lenders over how Athens can bring its debts down to a sustainable level has reignited fears that the crisis could flare up anew.
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France's Hollande says Greece must remain in euro
French President Francois Hollande has said that Greece must remain in the eurozone. Greek Prime Minister Antonis Samaras met Mr Hollande in Paris as part of his country's push to win more time to carry out wrenching cuts to avert fiscal crisis.
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Angela Merkel, Francois Hollande to discuss Greece's euro fate
Angela Merkel and Francois Hollande will discuss debt-wracked Greece later on Thursday after Athens' plea for more time to implement crucial but painful reforms to safeguard its eurozone membership.
-
Greece, Lenders Clinch Bailout Deal After Marathon Talks
Greece and its international lenders clinched a multi-billion-euro bailout agreement today after marathon talks through the night, officials said, raising hopes aid can be disbursed in time for a major debt repayment falling due in days.
-
Relief and Much Anger in Greece as Tsipras Clinches Deal
A sleep-deprived Prime Minister Alexis Tsipras will fly back to Athens to sell an agreement that ended up being tougher than proposals Greeks overwhelmingly rejected in a referendum on July 5. He has days to quell dissent within his own ranks -- probably by sacking hardliners -- and ram reform laws through parliament.
-
Eurogroup Ministers Expect 'New Proposals' from Greece
Eurogroup ministers expect fresh reform proposals from the Greek government in talks on Tuesday, a statement said on Monday, a day after Greeks overwhelmingly rejected terms demanded by creditors.
-
Europe's Impossible Dilemma: Let Greece Stay or Let it Go?
Berlin, Paris and Brussels all warned in the run-up to Sunday's referendum that a 'No' vote to the EU-IMF reform demands was a 'No' vote for the single currency and a return to the drachma.
-
Euro Drops Against Dollar After Greek Referendum Early Results
The euro was dropping against the dollar Sunday after early results of the Greece bailout referendum suggested the country rejected fresh austerity demands from EU-IMF creditors.
-
Greece Set to Vote in Crucial Referendum
Greece heads to the crucial referendum today which could decide not only its own future but also that of Europe.
-
How I Would Vote in the Greek Referendum
Neither alternative approval or rejection of the terms Greece has been presented with will be easy, and both carry huge risks, says Joseph E. Stiglitz.
-
Eurozone to Discuss New Greece Request
Greek Prime Minister Alexis Tsipras requested a two-year rescue deal with the European Union to save the crisis-hit country, just hours before its international bailout expires later Tuesday.
-
Ten Days That Shook The Euro; How Greece Came to the Brink
Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout programme on Friday on terms its government was just elected to get out of.
-
Dow, S&P 500 Close at Record Highs on Greece Debt Deal
The Dow Jones industrial average rose 154.67 points, or 0.86 per cent, to 18,140.44, the S&P 500 gained 12.85 points, or 0.61 per cent, to 2,110.3 and the Nasdaq Composite added 31.27 points, or 0.63 per cent, to 4,955.97.
-
Greece Warns Euro Could Collapse Like House of Cards
Mr Varoufakis also incurred the wrath of his Italian counterpart Pier Carlo Padoan by comparing Italy's problem with its large public debt to those of Greece.
-
European shares, euro fall as Greek deal proves elusive
European shares and the euro fell on Wednesday after Greece's international lenders failed to reached an agreement needed to provide it with emergency aid, though some of the losses were recouped on talk that a deal was close.
-
EU, IMF clash over Greece revives debt crisis fears
A public clash between Greece's international lenders over how Athens can bring its debts down to a sustainable level has reignited fears that the crisis could flare up anew.
-
France's Hollande says Greece must remain in euro
French President Francois Hollande has said that Greece must remain in the eurozone. Greek Prime Minister Antonis Samaras met Mr Hollande in Paris as part of his country's push to win more time to carry out wrenching cuts to avert fiscal crisis.
-
Angela Merkel, Francois Hollande to discuss Greece's euro fate
Angela Merkel and Francois Hollande will discuss debt-wracked Greece later on Thursday after Athens' plea for more time to implement crucial but painful reforms to safeguard its eurozone membership.
