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EU-IMF creditors News

29 Jun 2015

Greek crisis threatens European dream: Analysts

Europe`s failure to solve the Greek debt crisis risks lasting damage to the post-war dream of "ever closer union" at a time when it faces new threats on its borders, analysts said.

Greek Parliament

28 Jun 2015

Greek parliament approves referendum on bailout terms: Assembly

A proposed referendum on the latest offer of a deal made to Greece by its EU-IMF creditors was approved by a majority in the Greek parliament late Saturday night, according to the assembly`s count.

26 Jun 2015

Merkel urges Greece to accept 'extraordinarily generous' offer

German Chancellor Angela Merkel urged Greece today to accept an "extraordinarily generous" offer from its EU-IMF creditors, which includes at least 12 billion euros (USD 13.4 billion) in further rescue cash over the next five months.

26 Jun 2015

Greek crisis stretches into weekend as deadline looms

Greece and its EU-IMF creditors once more failed to break the deadlock in emergency bailout deal talks Thursday, sending the crisis hurtling towards a critical weekend meeting in a bid to avoid a default by Athens.

20 Jun 2015

Key meetings ahead over Greece crisis

The goal is to bridge the gap between the leftist Greek government and its EU-IMF creditors over the economic and budgetary reforms Athens needs to commit to in order to unblock the last tranche of 7.2 billion euros in the country`s second international bailout since 2010.

Greece Debt-deal

20 Jun 2015

Greece says ready to compromise, calls for Merkel decision

Tsipras, who has never hidden his desire that an eventual accord be hashed out between political leaders rather than by negotiating teams of technical advisers will find his European peers waiting expectantly for breakthrough proposals at Monday`s emergency summit.

15 Jun 2015

Greece deal 'requires difficult decisions by all sides' : IMF

An agreement on Greece will require "difficult decisions by all sides," the IMF said, after last-ditch talks between cash-strapped Athens and its EU-IMF creditors ended with no deal on Sunday.

13 Jun 2015

Greece's PM warns of 'difficult compromise' after default threat

Greek premier Alexis Tsipras warned Greece on Saturday to prepare for a "difficult compromise" with its EU-IMF creditors as his closest advisors delivered a last-chance proposal to avert a catastrophic default by Athens.

12 Jun 2015

Merkel says strong euro hurts fruits of reforms

In the global economy, "a very strong" euro would make it difficult for countries such as Spain and Portugal, which adopted significant reforms during the economic crisis, to "harvest the fruits of those reforms, in exports, for example," Merkel told a congress for family-run businesses in Berlin.

05 Jun 2015

Greece ramps ups pressure in debt talks after delaying loan payment

Greece has raised the pressure in the make-or-break negotiations with its EU-IMF creditors after postponing a loan repayment due Friday, playing for more time to reach a deal that meets its anti-austerity programme.

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