Greece makes overdue payments, no longer in default: IMF

The International Monetary Fund said Monday that Greece was no longer in default on its loans after remitting about two billion euros ($2.2 billion) to make up for missed debt payments.

Greece becomes first developed country to default on IMF

Cash-strapped Greece missed a 1.5 billion euro ($1.7 billion) payment to the International Monetary Fund on Tuesday as last-ditch efforts to find a compromise with official EU lenders came to naught.

Greece defaults on IMF payment despite last-minute overtures to creditors

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.

Greece seeks last-minute debt deal as default nears

Greece asked for a fresh two-year rescue deal with the European Union on Tuesday in a final roll of the dice just hours before its current bailout expires and it misses a critical IMF payment.

Greece's Alexis Tsipras slams IMF in blow to crunch talks

Prime Minister Alexis Tsipras launched a scathing attack on the IMF for rejecting Greek reform proposals ahead of talks in Brussels Wednesday, denting hopes of a final debt deal to prevent Athens from defaulting and leaving the euro.

Greece battles to avert default debacle in EU-IMF talks

Greece tried Monday to drag loan talks with its EU-IMF creditors back from the brink after negotiations collapsed over the weekend and left the country just two weeks away from a catastrophic default on its debt.

Greece talks push on as default looms

Greek and EU-IMF negotiators were locked in last-chance talks on Sunday to avert a default by Athens that could pave the way for a catastrophic exit by Greece from the euro and sow economic chaos in Europe.

Bill to check piling up of cheque bounce cases moved in Lok Sabha

A Bill seeking to prevent piling up of cheque bounce cases in various courts and help the payee in the case of default, was introduced in Lok Sabha on Wednesday.

US judge orders new talks on Argentina debt dispute

The US judge presiding over Argentina's bitter dispute with hedge-fund creditors ordered the two sides to hold new negotiations and called for an end to "mistrust" at a hearing.

Argentina says will pay bondholders, denies in default

Argentina`s economy minister said the country would continue paying bondholders who agreed to restructure its debt after it defaulted in 2001, and denied the government was again in default.

Argentina blames US, 'incompetent' judge for default

Argentina blamed the United States for the legal battle that forced it into its second default in 13 years, accusing the judge and mediator in the case of "incompetence”.

`Non-revision of rentals of cold storage leading to default`

There are reports of closure of 14 potato cold storages in West Bengal after defaults in loan repayments due to non-revision of rentals in the last three years, an industry official said here Sunday.

80% of power plants at risk of default

Warning that 80 per cent of the country`s power plants face the risk of a default due to coal shortages and environmental issues.

Greek PM faces confidence vote, eye on 12 bn euro

Greek Prime Minister George Papandreou faces a confidence vote, a hurdle he must clear to secure a 12 billion euro ($17.2 billion) lifeline and avert the euro zone`s first sovereign debt default.

Greece will not default or seek IMF aid: PM

Greek Prime Minister George Papandreou on Friday promised that his government would honor its debts and ruled out appealing to the IMF for help as he prepared emergency measures to save the crisis-hit Greek economy.

`Greece may be first nation to default in EU`

Former Bank of England policy maker Willem Buiter said Greece may be the first major country in the European Union to default on its debts since the aftermath of World War II.

Rs 24.10 cr EPF money in default in two state-owned firms

An amount of 24.10 crore of
Employees Provident Fund has been under default in two
state-owned firms, the Government said on Monday.

All credit cards to be blocked if default on one

Customers will now not be allowed to use any of their credit cards if they default on even one.