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News
Athens Default
Athens Default News
Greece Economy
03 Jul 2015
'Yes' camp takes slim lead in Greek bailout referendum poll
Supporters of Greece`s bailout terms have taken a wafer-thin lead over the "No" vote backed by the leftist government, 48 hours before a referendum that may determine the country`s future in the euro zone, a poll showed.
Greece Economy
01 Jul 2015
Greek PM says accepts creditor terms but with conditions: EU sources
Greek Prime Minister Alexis Tsipras has written to creditors saying he is ready to accept bailout terms but has insisted on several further conditions, European sources said Wednesday.
Grexit
28 Jun 2015
`Grexit` to `Greferendum`: Athens on the brink of default
In Brussels, a sense of stupor prevails. The decision comes at the worst moment, in the final stage of negotiations when "98-99 percent" of the deal had already been agreed, according to a participant in the talks.
Eurozone
27 Jun 2015
Eurozone ministers face shock Greece referendum call
The gambit by Tsipras heightened anxiety over a possible Greek default next Tuesday that could potentially push Greece towards an exit of the eurozone and risk throwing the European Union project as a whole into crisis.
Greece Economy
19 Jun 2015
Euro zone to discuss handling Greek defaut if no new proposals: Sources
Euro zone finance ministers will discuss how to hand a looming Greek default at a meeting on Monday unless Athens submits new proposals in the loans-for-reforms talks, EU officials said.
Greece Economy
19 Jun 2015
Greece gets temporary lifeline for banks amid uncertainty
Greece got a temporary lifeline for its banks today to help them cope with a deposit drain in the run-up to a summit of the eurozone's 19 leaders that could determine the country's future in the euro.
Euro Zone
16 Jun 2015
Greek PM sticks to hard line as contagion hits euro zone bonds
Yields on bonds issued by other vulnerable euro zone states leapt in one of the most aggressive episodes of contagion since the height of Europe`s debt crisis in 2012.
Greek debt-deal
06 Jun 2015
Greece denies report that Juncker declined to take call from Tsipras
The official added that Athens was still waiting for Greece`s creditors to respond to its own recent proposal for a deal to end the months-long impasse.
Gold prices
01 Jun 2015
Gold holds up on Greek crisis, but dollar strength caps gains
Spot gold was steady at $1,190.25 an ounce by 0322 GMT after earlier climbing to a session peak of $1,196.35, its highest since May 26.
Greece Economy
29 May 2015
Greece mixes messages on expectations for deal
With fears that a payment default could trigger a chain of events that could result in a messy exit from the euro, Greek officials have in recent days signalled they are hopeful a deal could be reached by Sunday, although its creditors are more sceptical.
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