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  • greek prime minister alexis tsipras thanks finance minister

    Greek Prime Minister Alexis Tsipras thanks finance minister who quit

    World | July 06, 2015 21:57 IST

    Athens: Greek Prime Minister Alexis Tsipras thanked Finance Minister Yanis Varoufakis on Monday for his "ceaseless efforts" to defend the interests of Greece in negotiations with creditors, according to government spokesman Gabriel Sakellaridis.Varoufakis announced his

  • govt says india insulated from greece fallout rupee may get

    Govt says India insulated from Greece fallout; rupee may get hit

    July 06, 2015 14:56 IST

    New Delhi: With Greeks' rejection of rescue package from creditors spooking markets, the government today asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight of

  • greek finance minister yanis varoufakis resigns

    Greek finance minister Yanis Varoufakis resigns

    World | July 06, 2015 13:02 IST

    Athens : Greek Finance Minister Yanis Varoufakis on Monday announced his resignation in a statement issued after his compatriots voted “No” in a referendum on bailout conditions, media reported.It comes hours after Greece overwhelmingly rejected

  • european union urges greek govt to make meaningful possible

    European Union urges Greek govt to make 'meaningful, possible' proposals for renegotiation

    World | July 06, 2015 10:22 IST

    Brussels: The European Union urged the Greek government to make "meaningful" and "possible" proposals in coming hours for renegotiation, following early results which have shown that Greece overwhelmingly rejected the bloc's bailout offer."The NO side

  • greece enters uncharted territory after referendum no vote

    Greece enters uncharted territory after referendum 'no' vote

    World | July 06, 2015 18:57 IST

    Athens: Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt

  • referendum on terms of creditor agreement begins in greece

    Referendum on terms of creditor agreement begins in Greece

    India | July 05, 2015 11:19 IST

    Athens: Greek voters on Sunday started casting ballots in a landmark referendum on terms of agreement with creditors on the next deal with the country's lenders.The voting would determine whether Greece would avert a looming

  • greece set to vote in bailout referendum today

    Greece set to vote in bailout referendum today

    World | July 05, 2015 8:51 IST

    Athens: Greece is set to vote in a referendum on Sunday to decide whether to accept the debt draft deal with international creditors to restart financial aid to the country, or to reject the lenders'

  • greece in billions of financing gap over next 3 years imf

    Greece in billions of financing gap over next 3 years: IMF

    July 03, 2015 6:31 IST

    Washington: Financing needs for Greece could add up to over $55.42 billion (50 billion euros) over the period from October 2015 to end 2018 in order to keep the country afloat, the International Monetary Fund

  • no further talks before greece referendum slovak minister

    No further talks before Greece referendum: Slovak minister

    World | July 02, 2015 8:08 IST

    Brussels: The Eurogroup has decided not to hold further talks before the outcome of Greece referendum on Sunday, Slovak Finance Minister Peter Kazimir tweeted on Wednesday."Eurogroup united in decision to wait for the outcome of

  • greece becomes first developed country to default on imf

    Greece becomes first developed country to default on IMF

    July 01, 2015 14:17 IST

    Washington: Greece slipped deeper into its financial abyss after the bailout programme it has relied on for five years expired at midnight on Tuesday and the country failed to repay a loan to the International

  • greece to miss imf debt payment and bailout to expire

    Greece to miss IMF debt payment and bailout to expire

    World | June 30, 2015 20:28 IST

    Athens, Greece: Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the country sinks deeper into a financial emergency that has forced

  • greece crisis eu offers last minute deal to greece as loan

    Greece crisis: EU offers last minute deal to Greece as loan repayment deadline ends today

    June 30, 2015 17:29 IST

    Athens: European Union has offered Greece a last-minute deal to ease the debt crisis that is threatening the country out of the euro and weaken the foundations of the European Union's single currency.According to a

  • greece anxious pensioners swarmed closed bank branches

    Greece anxious pensioners swarmed closed bank branches

    June 30, 2015 8:12 IST

    Athens: Anxious pensioners swarmed closed bank branches today and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that

  • asian stock markets sink after greece closes banks

    Asian stock markets sink after Greece closes banks

    June 29, 2015 11:56 IST

    Beijing: Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts.Oil prices declined and the euro edged down against the dollar

  • greece debt crisis banks closed atm cash withdrawals limited

    Greece debt crisis: Banks closed, ATM cash withdrawals limited

    June 29, 2015 17:09 IST

    Athens (Greece): Greece's five-year financial crisis took its most dramatic turn yet, with the cabinet deciding after an 8-hour session that Greek banks would remain shut for six business days and restrictions would be imposed

  • so how exorbitant could be a night s stay at world s

    So how exorbitant could be a night's stay at world's costliest hotels!

    Lifestyle | June 25, 2015 16:15 IST

    Have you ever dreamt of living lavish and carefree? Have you ever fantasized the luxuries of the most exorbitant places of the world? Howsoever, far off dreams these may seem, but indeed, there is no

  • france won t write off greek debt

    France won't write-off Greek debt

    February 02, 2015 9:33 IST

    Paris: France said Sunday that it would not write off Greece's debt, though French Finance Minister Michel Sapin proposed to discuss ways to reduce the debt burden.Sapin said that the French government "would like to

  • spain 10 dead 21 hurt in crash of greek f 16 jet at base

    Spain: 10 dead, 21 hurt in crash of Greek F-16 jet at base

    World | January 27, 2015 9:55 IST

    Madrid: A Greek F-16 fighter jet crashed into other aircraft on the ground during NATO training in southeastern Spain Monday, killing at least 10 French and Greek military personnel, Spanish Prime Minister Mariano Rajoy said.Another

  • fifa world cup greece edges bolivia 2 1 in warm up

    FIFA World Cup: Greece edges Bolivia 2-1 in warm-up

    Football | June 07, 2014 10:23 IST

    Harrison, N.J.: Panagiotis Kone ended Greece's nearly four-game goalless streak in the first half and the Europeans beat Bolivia 2-1 Friday night, their last friendly before heading to Brazil for the World Cup.   Kone's goal

  • greece nigeria tune up with 0 0 draw

    Greece, Nigeria tune up with 0-0 draw

    Football | June 04, 2014 8:42 IST

    Chester, Pa.: Greece and Nigeria played a scoreless draw in a pre-World Cup friendly Tuesday night at the home of the MLS Philadelphia Union.   There were few scoring chances in one of the final tuneups

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