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EU Economic and Monetary Affairs News

Greece debt crisis

02 Jul 2015

Greece`s government `may resign` in event of `No` vote

Greece`s radical left government suggested it would resign if it fails to get its way in a make-or-break referendum Sunday that could decide the country`s financial future.

Greece debt crisis

01 Jul 2015

Greece's PM Tsipras digs in against bailout

Greece was being "blackmailed", he said, quashing talk that he might delay the vote, call it off or urge Greeks to vote yes.

Greece debt crisis

29 Jun 2015

ECB rejected Greek funding line request for extra 6 billion euro: Sources

The European Central Bank rejected Greece`s request for 6 billion euros of additional emergency funding on Sunday but is expected to keep the funding line used by Greek banks open until the July 5 referendum, people with knowledge of the matter said.

Greece debt crisis

25 Jun 2015

Creditors set bailout ultimatum for defiant Greeks

Greece`s international creditors gave Athens an ultimatum to come up with a credible reform plan on Thursday warning they would otherwise put their own proposals to euro zone finance ministers for approval, a euro zone official said.

Greece debt crisis

23 Jun 2015

Greece offers new proposals to avert default, creditors see hope

Greece took a step back from the abyss on Monday with the presentation of new budget proposals that euro zone leaders welcomed as a basis for a possible agreement in the coming days to unlock frozen aid and avert a looming default.

Greece debt crisis

18 Jun 2015

Greek debt talks end with no deal: EU

Crunch talks to resolve a five-month standoff between Greece and its EU-IMF creditors ended Thursday without a deal, Valdis Dombrovskis, the European Commission vice-president for the euro, said today.

Greece debt crisis

11 Jun 2015

Greece, EU powers agree to step up debt talks as crunch looms

Greek Prime Minister Alexis Tsipras held a new round of late-night talks with the leaders of Germany and France and agreed to intensify negotiations with Athens` creditors ahead of a looming default at the end of the month.

Greece debt crisis

10 Jun 2015

EU says not satisfied with new Greek reform plan

The European Commission said Wednesday it was not satisfied with Greece`s new bailout reform proposals, saying they "do not reflect" earlier discussions between Brussels and Athens.

Greece debt crisis

09 Jun 2015

Greece gives new reform plan to creditors: European sources

Greece has submitted a promised reform plan to its EU-IMF creditors, a day before Prime Minister Alexis Tsipras is due to discuss how to end Athens`s debt crisis with the French and German leaders, European sources told AFP Tuesday.

Greece debt crisis

02 Jun 2015

Greece makes `concessions` in reform plan to creditors: PM

Greece has submitted a "realistic" reform plan to its international creditors that includes concessions, Prime Minister Alexis Tsipras said on Tuesday.

Greece debt crisis

02 Jun 2015

`Serious progress` in Greece talks but `work to do`: Commissioner

There has been "serious progress" in talks over Greece`s debt crisis but much still needs to be achieved, the EU`s commissioner for Economic and Monetary Affairs said on Tuesday.

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