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Greece exit News

03 Jul 2015

Grexit may stall FPI inflows into India: BofA

"Our Europe economists think this will make Grexit that much more difficult to avoid. Although India's exposure to Greece is negligible, in our view, contagion, if any, could travel through markets.

01 Apr 2015

Greek economy minister sees deal with EU/IMF on reforms next week

Greece should reach a deal with its euro zone partners and the International Monetary Fund next week on a package of reforms, which will help to unlock remaining bailout funds, the country`s economy minister said on Wednesday.

31 Mar 2015

Greek debt deal `possible` but not before Easter: EU president

A new Greek bailout deal is possible before an end-April deadline but it will not come before Easter, EU president Donald Tusk said Tuesday.

European Central Bank

20 Feb 2015

ECB prepares for a Greece exit from euro zone: Report

The European Central Bank is preparing for the event that Greece leaves the euro zone and its staff are readying contingency plans for how the rest of the bloc could be kept intact, German news magazine Spiegel reported in a preview of its magazine.

Yanis Varoufakis

17 Feb 2015

Greek finance minister says willing to sign different finance deal

Greek Finance Minister Yanis Varoufakis said on Monday he had been prepared to agree to a deal with creditors that would have given Athens four to six months additional credit in return for putting major new budget policies on hold.

European Central Bank

12 Feb 2015

ECB lifts amount of emergency lending available to Greek banks

The European Central Bank has increased the volume of emergency liquidity available to Greek banks to USD 74 billion, bank sources said.

Greece government

11 Feb 2015

Greece heads for bailout showdown with EU

Greece's new government headed for a showdown with sceptical European partners on Wednesday as it took its demands to renegotiate its huge bailout to crunch talks in Brussels.

Greek finance minister

11 Feb 2015

Greek finance minister enters euro zone lions' den

Greek Finance Minister Yanis Varoufakis headed for a showdown with euro zone finance ministers on Wednesday after his new leftist-led government won a parliamentary confidence vote for its refusal to extend an international bailout.

27 Jan 2015

Unrealistic to expect Greece to repay debt in full: Report

The possibility of Greece defaulting on its debt repayments under a Syriza government is likely to spark renewed fears the country could be forced to leave the eurozone -- a so-called "Grexit".

13 Jan 2015

Greece could exit euro `by accident` finance minister warns

Greece could exit the euro by accident, Finance Minister Gikas Hardouvelis said Tuesday in a new warning of what could happen if anti-austerity leftist party Syriza wins the election later this month.

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