Germany unblocks Greek bailout in parliament vote

German lawmakers approved a hard-won bailout extension for Greece Friday in a move Germany`s finance chief called "not easy" but necessary, lifting the last hurdle to keeping a crucial lifeline open to Athens.

Greece sends comprehensive reform plan to lenders: EU source

Greece sent a list of economic reform plans to European institutions and the International Monetary Fund around midnight that was "a valid starting point" for talks over its bailout, a source close to the European Commission said on Tuesday.

Greece confident of bailout deal but warns deadline too tight

Greece`s finance minister said Sunday he was confident a deal with the EU over the country`s loathed bailout could be found while warning the February 28 deadline may be too tight.

Greek finance minister in London seeking support for debt deal

Greek Finance Minister Yanis Varoufakis was Monday set for talks with his British counterpart as he seeks to build support for a renegotiation of his country`s 240-billion-euro ($270-billion) bailout in the face of German opposition.

Greek cabinet set for first meeting since poll upset

 Greece`s new radical left-led government prepared to meet Wednesday for the first time to hammer out a strategy for renegotiating the country`s giant bailout, after storming to power on a promise to reject years of harsh austerity policies.

In landmark for EU, Ireland leaves its bailout behind

Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for the euro zone`s efforts to resolve its debt crisis.

Eurozone ministers reach bailout deal on Cyprus

The finance ministers of the 17-nation eurozone agreed early Monday on a 10 billion euros (about $13 billion) bailout deal for Cyprus to prevent the country`s banking system from collapsing and bankruptcy.

Cyprus’ largest bank warns economy ‘on the brink’

Cyprus’ largest bank has warned that the Cypriot economy is ‘on the brink’ and immediately needs a liquidity lifeline from Europe.

Cyprus banks to remain closed another two days

Cyprus` banks will remain closed Thursday and Friday as officials try to find a new plan to stave off bankruptcy.

BJP slams govt for discom bailout, seeks PM`s intervention

BJP slammed Delhi government for offering bailout package to private power distribution companies and sought Prime Minister Manmohan Singh`s intervention in ordering CAG scrutiny into their accounts.

Pro-bailout parties lead in opinion polls ahead of Greek vote

Greece is headed for fresh elections on June 17 as no party won an outright majority in Greece`s May 6 election.

Greeks hurl petrol bombs as lawmakers weigh austerity

Greek lawmakers looked set to endorse a new austerity deal on Sunday to secure an EU/IMF bailout.

Sharad Yadav opposes govt move to bailout Kingfish

The JD (U) chief described as "big insult to Indian masses" any effort to bail out the company.

Bailout needed for aam admi, not for airlines: BJP

BJP came out strongly against any government attempt to bail out debt-ridden
Kingfisher Airlines.

Hopes rise for breakthrough in Greek political drama

Greek opposition has called for snap polls, whereas Papandreou has said this would be a "catastrophe."

Portuguese vote in shadow of bailout

The Portuguese are expected to reject caretaker Prime Minister Jose Socrates in the snap ballot and turn to opposition center-right Social Democrat Pedro Passos Coelho.

Portugal edges toward bailout after govt quits

Economist Juergen Michels said a bailout for Portugal is firmly on the cards.

Ireland`s new leader vows to hit ground running

Fine Gael party sweeps to power in elections dominated by economic woes.

Ireland`s Fine Gael gets 36.1% of vote: Exit poll

State media reported predictions of a turnout of around 70 percent in polls.

IMF proposes two new bank taxes to fund bailouts

Banks around the world could face two new taxes to cover the cost of any future bailouts under proposals by the International Monetary Fund circulated to the Group of 20 countries on Tuesday.