Greece'sprimeministersaysafullreturntomarketsin2018remainsan"importanttarget,"withthecountry'sbailoutfundingformallyendinginAugust.AtaCabinetmeetingMonday,Alexi
GreeceanditseurozonecreditorsreachedapreliminarydealonSaturdayonreformsAthensneedstorolloutunderitsbailoutprogram,amovethatcouldpavethewayforthecountrytoleaveth
TheInternationalMonetaryFund,akeycreditorinGreece'sbailout,willnotparticipateinanyfurtherrescuesofthedebt-wrackedcountry,Germany'sfinanceministertoldaGreeknewsp
Finance ministers of the 19-country eurozone have hammered out a deal in Brussels with Greece in the early hours of Wednesday after an 11-hour-meeting to which is described as a "major breakthrough" to start debt relief and unlock over 10 billion euros bailout cash for Greece.
Greece's new government that emerged from Sunday's snap general elections was sworn in on Wednesday in Athens at a ceremony held at the presidential mansion.
In his first interview after resigning last week to force snap general elections in autumn, Greece's outgoing Leftist Prime Minister Alexis Tsipras defended his decision as a necessary step on Wednesday, requesting a fresh mandate to move forward and implement the new Greek bailout.
The President of the Hellenic Republic Prokopis Pavlopoulos handed on Monday the third and last exploratory mandate to form a government by the current parliament to Panagiotis Lafazanis, the leader of the newly formed Leftist Popular Union party which rejects the third bailout and supports the return to drachma.
Greece's third bailout agreement since 2010 was submitted to parliament on Wednesday for ratification in coming days in a new race against time to unlock the first tranche of international aid to meet a repayment deadline on Aug. 20.
The central Bank of Greece recommended a bank holiday and the imposition of capital controls, Greek Prime Minister Alexis Tsipras said during a televised address to the nation on Sunday evening.
European Central Bank's (ECB) refusal to resume normal financing to Greek banks does not cause additional problem to Greece's financial sector, Greek government sources told local media on Thursday, commenting on the outcome of an ECB meeting in Cyprus.
Eurozone finance ministers and Greece on Friday agreed on a final agreement over the bailout extension by four months, Eurogroup president Jeroen Dijsselbloem said during a press conference.
A Greek official spoke on conditions of anonymity a few hours after the country formally submitted a request for a six-month extension of the four-year bailout loan agreement to the Euro Working Group in Brussels that Germany's stance was the obstacle to a compromise for the formula of cooperation between Greece's new Left-led government and European partners after the current bailout expires on Feb. 28.
Time was running out for a compromise deal on the Greek debt crisis between Greece and its international lenders after the ultimatum issued at the end of the latest Eurogroup meeting in Brussels on Monday evening, political analysts in Athens warned on Tuesday.
South Korea's financial regulator said Monday that it planned to privatize the country's No.2 bank rescued with bailout funds after the 1997 financial crisis.
Cyprus President Nicos Anastasiades said on Friday that the eastern Mediterranean island will stay within the eurozone following a bailout deal with the Eurogroup which involves crippling conditions which have stunned the population.
Cyprus President Nicos Anastasiades said on Friday that the eastern Mediterranean island will stay within the eurozone following a bailout deal with the Eurogroup which involves crippling conditions which have stunned the population.
Greek parliament endorsed on Monday evening a bill containing the so-called last "prior actions" requested from international lenders before the release of the next bailout tranche to Athens in the framework of efforts to overcome the debt crisis.
简体中文
