IMF

Greece in `final stretch` for deal with creditors: PM

Greek Prime Minister Alexis Tsipras on Wednesday said his government is nearing a deal with international creditors on a mammoth bailout, as his spokeswoman raised the prospect of early elections in the fall.

 

Greek source says eurozone plan `very bad,` but no time for delay

Eurozone finance ministers have proposed "very bad" terms for a new bailout for Greece but Athens cannot afford any delay in launching negotiations over the package, a Greek government source said Sunday.

Greece votes in referendum with future in euro in doubt
Greece votes in referendum with future in euro in doubt

Greece votes on Sunday on whether to accept more austerity in exchange for international aid, in a high-stakes referendum likely to determine whether it leaves the euro-currency area after seven years of economic pain.

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.

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