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Ukraine, creditors lock horns in 'make or break' talks

Ukraine's finance minister visits the California grounds of Kiev's biggest creditor Wednesday for "make or break" negotiations aimed at keeping the cash-strapped former Soviet country from hurtling into default.

Greek PM Tsipras rallies Syriza backing ahead of bailout vote

 Greek Prime Minister Alexis Tsipras tried to rally his Syriza party on Tuesday before a vote in parliament on the second package of measures demanded by international creditors to open talks on a new bailout deal.

Greek PM Tsipras rallies Syriza backing before bailout vote

 Greek Prime Minister Alexis Tsipras tried to rally his Syriza party on Tuesday before a vote in parliament on the second package of measures demanded by international creditors to open talks on a new bailout deal.

Greece becomes first developed nation to default on IMF

Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund.

Tsipras, addressing parliament, calls for `emphatic no` to creditor proposals

Greek Prime Minister Alexis Tsipras called in a speech to parliament Saturday for an "emphatic no to the ultimatum" issued by the country`s creditors in a bailout referendum proposed by his government for July 5.

Euro slips ahead of crunch weekend in Greece crisis

The euro edged lower Friday ahead of a make-or-break weekend for Greece, with the country under warning to accept the new deal from creditors or be left to default on its debts.

Greece rejects creditors` offer of bailout extension

Greece`s creditors on Friday offered Athens a five-month, 12-billion-euro ($13.4-billion) extension of its bailout programme, but Athens said the offer was unacceptable.

Creditors set bailout ultimatum for defiant Greeks: Source

The lenders had given leftist Prime Minister Alexis Tsipras an ultimatum to come up with a credible reform plan by mid-morning (0900 GMT), saying they would otherwise send their own version to Eurogroup ministers.

Greece, creditors say still no deal ahead of eurozone meeting

Greece and its EU-IMF creditors prepared to submit rival proposals to end a five-month debt row, indicating there was still no deal ahead of a meeting of eurozone finance ministers on Thursday, sources said.

Greece rejects creditors` counter-proposals

Greece rejected Wednesday "counter proposals" from creditors that were issued in response to Athens` latest budgetary plan, in light of the IMF`s position, a government source said.

Alexis Tsipras flies to Brussels to try to bridge gaps with Greece's creditors

Prime Minister Alexis Tsipras flew to Brussels to meet Greece`s international creditors on Wednesday to try to bridge gaps on key elements of the proposals made by his left-wing government to shore up state finances in return for vital loans.

Ukraine`s creditors sound alarm as default threat looms

Ukraine`s biggest private creditors Thursday expressed alarm at the creeping pace of their negotiations with cash-strapped Kiev and its escalating threat of a partial debt default.

US judge orders Argentina to pay $5.2 bn to additional creditors

A US judge ordered Argentina on Friday to pay $5.2 billion to some 500 creditors seeking repayment on the same favorable terms given to other holders of the South American country`s restructured debt.

Ukraine takes first step toward debt payment freeze

Ukraine`s cash-starved government took the first step Tuesday toward freezing the payment of billions of dollars in sovereign and state-backed debt owed to some of the world`s most powerful creditors.

Tsipras seeks `honest compromise` as Greece wrangles with creditors

Greek Prime Minister Alexis Tsipras on Monday said he wanted an "honest compromise" as the cash-strapped country wrangled with eurozone creditors over a new package of reforms needed to unlock vital bailout funds.

Greece seeks `happy ending` as creditors mull loan deal

Greek Prime Minister Alexis Tsipras said in remarks published Sunday he hoped key talks with international creditors would yield a "happy ending" in the standoff over the country`s crippling debt crisis. 

Greek finance minister rules out `accident`, says some radical reforms could wait

Greece`s combative finance minister has ruled out a default "accident" and said the new radical left government could put on hold the implementation of some of its campaign promises to build confidence among its creditors.

Greek finance minister says some election vows can be put off

Greece`s combative finance minister has indicated that Athens` new radical left government is prepared to put some of its campaign promises on hold while it seeks to build confidence among its creditors.

SpiceJet says it has started paying back to it creditors

Budget carrier SpiceJet has started paying back to its creditors with the airline clearing all its dues related to TDS payments following its ownership going back in the hands of the original promoter Ajay Singh.

Countdown to Greek budget vote pits optimists against creditors

Tension mounted Sunday during the countdown to the Greek parliament`s vote on a 2015 budget that has brought Athens into conflict with international creditors financing the country`s bailout.