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  • concrete europe commitment needed to relieve greek debt

    Concrete Europe commitment needed to relieve Greek debt

    World | July 24, 2015 7:08 IST

    Washington: The International Monetary Fund (IMF) said that "difficult" talks lie ahead with regard to a third bailout programme for Greece and stressed the need for a commitment by European leaders to re-structure Athens' debt."On

  • gold price may slide down to rs.23 500 per 10 grams

    Gold price may slide down to Rs.23,500 per 10 grams

    July 21, 2015 18:19 IST

    Chennai:  Prices of gold may slide down further to around Rs.23,500-Rs.24,000-23,500 per 10 grams considering the current rupee-dollar conversion, said analysts.In the Indian market, gold could fall in the range of Rs.23,500-Rs.24,000 considering the current rupee-dollar

  • greek banks re open after three weeks

    Greek banks re-open after three weeks

    July 20, 2015 14:39 IST

    Athens: Banks in Greece re-opened on Monday after three weeks of closure sparked by the deadlock over the country's debt, a media report said.People will be now able to withdraw up to 420 euros (about

  • german member of parliament vote yes to greek bailout talks

    German Member of parliament vote 'yes' to Greek bailout talks

    World | July 17, 2015 22:56 IST

    Berlin: The German parliament on Friday voted an overwhelming "yes" to start formal negotiations on a third Greek bailout plan.A total of 439 lawmakers voted in favour of the talks, 119 opposed and 40 abstained, giving

  • greece gets relief from creditors after first austerity test

    Greece gets relief from creditors after first austerity test

    World | July 16, 2015 23:13 IST

    Athens, Greece :  Greece got a triple dose of good news on Thursday, when creditors agreed to open talks on a third bailout package, to give the country an interim loan to cover its debts,

  • greek lawmakers pass austerity bill despite dissent

    Greek lawmakers pass austerity bill despite dissent

    World | July 16, 2015 13:55 IST

    Athens (Greece): Greek lawmakers voted overwhelmingly early Thursday to approve a harsh austerity bill demanded by bailout creditors, despite significant dissent from members of Prime Minister Alexis Tsipras' left-wing party.The bill has fueled anger in

  • greek government suffers defections as austerity vote looms

    Greek government suffers defections as austerity vote looms

    World | July 16, 2015 7:01 IST

    Athens: Prime Minister Alexis Tsipras faced a rising wave of hostility from members of his own party on Wednesday ahead of a parliament vote on an austerity bill that condemns the country to years of

  • greek pm defends choice of harsh debt deal

    Greek PM defends choice of harsh debt deal

    World | July 15, 2015 7:05 IST

    Athens: On the eve of the vote in the Greek parliament for the ratification of the agreement for the resolution of the Greek debt crisis which was reached in Brussels on Monday, Greek Prime Minister

  • eurozone reaches deal on greece bailout european union

    Eurozone reaches deal on Greece bailout: European Union

    World | July 13, 2015 20:13 IST

    Brussels: A summit of eurozone leaders reached a tentative agreement with Greece on Monday for a bailout program that includes "serious reforms" and aid, removing an immediate threat that Greece could collapse financially and leave

  • greece closer to desperately needed deal with creditors

    Greece closer to desperately needed deal with creditors

    World | July 13, 2015 7:07 IST

    Brussels: Greece moved closer today to a desperately needed deal with European creditors which would stave off immediate financial collapse and the country's potential exit from the euro but impose more hardship on its people. Facing a

  • greece s proposal to creditors insufficient germany

    Greece's proposal to creditors 'insufficient': Germany

    July 12, 2015 12:46 IST

    Brussels: German Finance Minister Wolfgang Schauble said that Greece's latest proposal for a third bailout package from its international creditors is "insufficient".Schauble gave his assessment on Saturday, upon arriving at an extraordinary meeting of Eurozone

  • equity markets slip on greece crisis china stocks crash

    Equity markets slip on Greece crisis, China stocks crash

    July 11, 2015 16:33 IST

    Mumbai: Indian equities slipped on the Greek crisis and fears of a Chinese market meltdown during the weekly trade ended July 10, as investor were reluctant to chase higher prices in a time of uncertainty.However,

  • greek lawmakers back bailout reform plan

    Greek lawmakers back bailout reform plan

    World | July 11, 2015 8:15 IST

    Athens: Greece's parliament backed the government's reform plan containing austerity measures to win a third bailout early today, but with the government suffering significant losses from dissenting lawmakers.The motion, which sought to authorise the government

  • greece extends closure of banks

    Greece extends closure of banks

    World | July 09, 2015 10:10 IST

    Athens: The Greek government has extended bank closures and a 60 euro($66) daily limit on ATM withdrawals until Monday, media reported on Thursday."The bank holiday is extended to July 13," the finance ministry said in

  • imf to not bend rules over greece debt issue

    IMF to not bend rules over Greece debt issue

    July 09, 2015 9:14 IST

    Washington: The International Monetary Fund (IMF) Managing Director Christine Lagarde said that the fund will not bend rules on debts owed by Greece but would remain fully engaged in order to help find solution. "Whenever the

  • greece gets until sunday for proposals to stave off collapse

    Greece gets until Sunday for proposals to stave off collapse

    World | July 08, 2015 10:10 IST

    Brussels: Frustrated and angered eurozone leaders gave Greek Prime Minister Alexis Tsipras a last-minute chance Tuesday to finally come up with a viable proposal on how to save his country from financial ruin.Overcoming their surprise

  • greek no vote widens gap with partners european commission

    Greek 'no' vote widens gap with partners: European Commission

    World | July 07, 2015 9:02 IST

    Brussels: Vice president of the Euro and Social Dialogue of the European Commission (EC) Valdis Dombrovskis stressed on Monday that Greece's "no" vote in Sunday's bailout referendum widened the gap between the country and its

  • ready to help greece if asked to do so imf

    Ready to help Greece if asked to do so: IMF

    World | July 07, 2015 7:23 IST

    Washington: The International Monetary Fund (IMF) on Monday said it stands ready to assist Greece if required to do so.IMF managing director Christine Lagarde made the statement following Greece's referendum that rejected a proposal from

  • oil prices plunge amid greek worries

    Oil prices plunge amid Greek worries

    July 07, 2015 7:16 IST

    New York: Oil prices plummeted after Greece rejected debt bailout terms.In a Sunday referendum, more than 61 percent of Greeks voted " NO", rejecting a proposal from international creditors that included pension cuts, tax increases

  • opposition blames mp cm shivraj chouhan for vyapam deaths

    Opposition blames MP CM Shivraj Chouhan for Vyapam deaths: Top 5 News Headlines

    India | July 06, 2015 22:13 IST

    Vyapam Scam: Opposition ups demand for Chouhan's ouster, BJP backs MP CMNew Delhi/Kolkata/Bhopal: Amid mounting outrage over the Vyapam deaths, Opposition today sharpened its attack on Madhya Pradesh Chief Minister Shivraj Singh Chouhan, demanding his

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