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Greek debt-crisis News

Greek debt-crisis

20 Jun 2015

Greece`s Varoufakis wants `clear decision` from Merkel at summit

Greece`s Finance Minister Yanis Varoufakis said German Chancellor Angela Merkel must make a clear decision at a eurozone summit Monday on whether to negotiate a rescue deal with Athens or heed populist calls to jettison the debt-wracked country.

Greece's Respite

12 Jun 2015

Greece needs rescue deal by June 18: Ministers

Greece needs to clinch a deal to unlock 7.2 billion euros in bailout funds by the end of June before its current EU-IMF rescue programme expires, leaving the cash-strapped country with no means of support against a looming default.

11 Jun 2015

Greece insolvency risk increasing daily: Bundesbank chief

"There is a strong determination to help Greece ... But time is running out, and the risk of insolvency is increasing by the day," Bundesbank chief Jens Weidmann told a London investment seminar as Greece and its European partners intensify efforts for a bailout deal to prevent Athens from defaulting.

11 Jun 2015

Athens stocks surge 5.47% as optimism rises on debt talks

Athens shares leapt 5.47 percent at open on Thursday, boosted by hopes that Greece could be close to a deal with its creditors on a rescue deal.

german chancellor

09 Jun 2015

Merkel says ''there isn''t much time left'' for Greece

The German chancellor confirmed her intention to meet again with Greek Prime Minister Alexis Tsipras in Brussels on June 17 under the auspices of the EU summit meeting with the Community of Latin American and Caribbean States, or CELAC.

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