Greek parliament to vote on controversial bailout

Last Updated: Wednesday, July 15, 2015, 12:01

Greece on Wednesday geared up for a parliamentary vote on draconian reforms demanded by eurozone creditors in exchange for a huge new bailout, in what could be Prime Minister Alexis Tsipras's toughest political test yet.

Greek PM Tsipras faces party revolt over bailout deal

Last Updated: Tuesday, July 14, 2015, 08:31

The terms imposed by international lenders led by Germany in all-night talks at an emergency summit obliged Tsipras to abandon promises of ending austerity.

Eurozone leaders agree tough Greek bailout deal

Last Updated: Tuesday, July 14, 2015, 00:30

After gruelling 17-hour talks during which the future of European integration hung in the balance, leftist Greek Prime Minister Alexis Tsipras accepted terms set by his distrustful partners.

Critics on left and right slam Greece debt 'coup'

Last Updated: Tuesday, July 14, 2015, 00:24

Politicians on the far left and right accused European powers of negotiating with a "gun to the head" of Greece and terrorising and colonising it through Monday`s new debt deal.

Several eurozone parliaments to vote on new Greek debt deal

Last Updated: Monday, July 13, 2015, 21:45

Even if Greece and its European partners finally reached a deal on a third aid programme in gruelling weekend talks, it must still be approved by eight different national parliaments.

Gold slips with euro with no Greek deal, US rate hike signals

Last Updated: Monday, July 13, 2015, 08:24

Gold edged lower on Monday, dragged down by the euro after a weekend emergency summit to tackle Greece`s debt crisis yielded no deal and with the U.S. Federal Reserve still on track to raise interest rates this year.

Hopes rise for Greece bailout breakthrough

Last Updated: Friday, July 10, 2015, 21:39

The plan delivered by Prime Minister Alexis Tsipras`s administration for study by the EU, IMF and European Central Bank was to be put to a vote late Friday by Greek lawmakers.

Greek proposals `serious and credible`: Hollande

Last Updated: Friday, July 10, 2015, 16:12

French President Francois Hollande on Friday welcomed the latest proposals from Athens on a fresh bailout plan as "serious and credible".

EU's Donald Tusk urges creditors to give Greece debt relief

Last Updated: Thursday, July 9, 2015, 18:24

EU President Donald Tusk said Greece`s creditors must make a "realistic" proposal for managing the country`s huge debt, as Athens faces a midnight deadline to submit reform plans for an international bailout.

EU`s Tusk says 'last chance' for Greek debt deal

Last Updated: Wednesday, July 8, 2015, 21:21

EU President Donald Tusk warned Wednesday that Greece and its European partners now faced the very last chance to reach a rescue deal needed to keep debt-ridden Athens in the eurozone.

SBI may delay $1.5-billion bond sale due to Greek crisis

Last Updated: Wednesday, July 8, 2015, 16:18

State Bank of India (SBI) may delay USD 1.5 billion overseas bond issuance programme due to volatility in foreign market as a result of Greek debt crisis.

Europe demands new Greek debt plan at crisis summit

Last Updated: Tuesday, July 7, 2015, 18:06

European leaders warned Greek Prime Minister Alexis Tsipras to submit new bailout proposals at an emergency summit on Tuesday or risk leaving the euro, after Greeks defiantly voted `No` to further austerity.