Greek debt deal

Eurozone leaders agree tough Greek bailout deal

After gruelling 17-hour talks during which the future of European integration hung in the balance, leftist Greek Prime Minister Alexis Tsipras accepted terms set by his distrustful partners.

Jul 14, 2015, 00:30 AM IST

Critics on left and right slam Greece debt 'coup'

Politicians on the far left and right accused European powers of negotiating with a "gun to the head" of Greece and terrorising and colonising it through Monday`s new debt deal.

Jul 14, 2015, 00:24 AM IST

Several eurozone parliaments to vote on new Greek debt deal

Even if Greece and its European partners finally reached a deal on a third aid programme in gruelling weekend talks, it must still be approved by eight different national parliaments.

Jul 13, 2015, 21:45 PM IST

Germany says surprise Greek referendum plan shuts door on negotiations

But after they were blindsided by Tsipras`s surprise middle-of-the-night announcement that he rejected their offer and would put it to voters only after Tuesday`s deadline, several said all that remained to discuss was "Plan B" - how to limit the damage.

Jun 27, 2015, 19:29 PM IST

Gold price drops to one-week low of $1,175.45 per ounce

Gold slid to a one-week low on Wednesday, down for a fourth consecutive session, as the dollar strengthened and global stock markets continued to rally on expectations of a Greek debt deal.

Jun 24, 2015, 11:29 AM IST

Japan shares score 18-year top, dollar firm

MSCI`s index of Asia-Pacific shares outside Japan edged up 0.1 percent to bring its gins over the past six sessions to 2.9 percent.

Jun 24, 2015, 08:36 AM IST

Gold near one-week low as stocks rally, dollar firms

Spot gold was almost flat at $1,177.9 an ounce by 0104 GMT, after losing 0.6 percent on Tuesday.

Jun 24, 2015, 08:32 AM IST

Hope of a Greek deal could face political hurdle in Athens

Hopes that Greece and its creditors can seal a debt deal with exactly one week left to avert default could fade as the Greek premier faces pressure to convince his anti-austerity party to approve concessions needed to unblock bailout funds.

Jun 23, 2015, 18:22 PM IST

European stocks extend gains with Greece deal in sight

European stock markets rose further on Tuesday, building on the previous day`s sharp rally on hopes of there finally being a deal over Greece`s bailout.

Jun 23, 2015, 17:21 PM IST

Spain, Portugal demand Greek 'guarantees' on debt deal

Spain and Portugal warned Greece Monday it must give firm "guarantees" to seal a debt deal with European leaders, as Athens made a fresh bid to unlock bailout funds need to avoid a default.

Jun 22, 2015, 23:14 PM IST

Oil falls on supply glut after earlier boost from Greece

Oil prices fell below $63 a barrel on Monday, weighed down by concerns of a growing supply glut, paring earlier gains spurred by hopes that Greece might avert a default.

Jun 22, 2015, 22:30 PM IST

Alexis Tsipras warns against 'excessive' terms in debt deal

Greek Prime Minister Alexis Tsipras warned on "excessive" budget surpluses, pension cuts and power rate increases as part of a deal with Greece`s creditors ahead of an emergency eurozone summit in Brussels Monday.

Jun 22, 2015, 17:30 PM IST

Euro rises on hopes for Greek debt deal

The single currency climbed to $1.1396 and 139.87 yen in Tokyo from $1.1349 and 139.23 yen in New York late Friday. The dollar fetched 122.73 yen against 122.69 yen in US trade.

Jun 22, 2015, 11:05 AM IST

Germany's Merkel convinced Greek deal possible

With eurozone finance ministers holding out little hope of an agreement as they gathered in Luxembourg, Merkel insisted that she wanted to keep Greece in the single currency.

Jun 18, 2015, 15:40 PM IST

Creditors agree to proposal for Greece to unblock aid

Eurogroup President Jeroen Dijsselbloem said on Tuesday in an interview with RTL television channel that even if an agreement was reached this week, an immediate disbursement was technically impossible.

Jun 03, 2015, 15:02 PM IST

Gold under pressure despite softer dollar as fund outflows weigh

Spot gold slipped 0.2 percent to $1,191.40 an ounce by 0323 GMT, after gaining 0.4 percent on Tuesday.

Jun 03, 2015, 10:17 AM IST

Merkel says still `a lot to do` for Greek debt deal

The delay in reaching an agreement has led to concerns Athens is running critically short of cash and may soon end up defaulting, which could set off a messy exit from the euro.

May 22, 2015, 13:33 PM IST

German parliament to vote Friday on Greek debt deal

Germany`s parliament will vote Friday on the proposed bailout extension to Greece, provided international creditors have agreed to the deal, a top official from the ruling Christian Democrats party said.

Feb 24, 2015, 20:12 PM IST

Gold near seven-week low on Greek debt deal, China holiday

Spot gold was little changed at $1,202.10 an ounce by 0225 GMT, after dropping to $1,197.95 in the previous session as safe-haven bids receded. The metal recorded its fourth straight weekly decline on Friday.

Feb 23, 2015, 10:12 AM IST
Asian markets mostly higher on Greek debt deal

Asian markets mostly higher on Greek debt deal

Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece`s bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Feb 23, 2015, 09:02 AM IST