Euro zone faces tough task as Greece looks to resume negotiations post referendumThe euro zone now faces a horrible choice. Tsipras will resume negotiations claiming to have a fresh democratic mandate.
07 Jul, 2015, 04.50 AM IST
European shares fall sharply after Greeks say 'No'Germany's DAX was down 2 per cent, France's CAC 40 was trading 2.1 per cent lower, while Italian shares were down 2.25 per cent.
06 Jul, 2015, 01.44 PM IST
Greece's future could be messy if it abandons the euro“Historical precedent suggests this would be hugely challenging,“ said Richard Portes, a professor of economics at London Business School.
06 Jul, 2015, 11.53 AM IST
850 Greek banks could re-open on Thursday, but only for one specific reasonGreek PM Alexis Tsipras told the citizens of Greece in an address that Greek bank deposits, as well as wages and pensions, remained totally...
30 Jun, 2015, 01.20 PM IST
ECB approves funds requested by Greek Central Bank, stocks remain volatileThe European Central Bank has approved funds requested by Greek Central Bank as emergency liquidity assistance.
25 Jun, 2015, 03.14 PM IST
Greek banks 'cannot afford' no deal: Eurobank chief"The Greek banking system cannot afford, cannot continue the current situation of every day losing hundreds of millions of euros by deposit...
22 Jun, 2015, 10.53 PM IST
Greeks withdraw nearly $2.3 bn over three days; ECB increases liquidity reserve for banksECB again increased emergency liquidity funds for Greece's banks on Monday, according to a source who said the ECB may renew the hike "at a...
22 Jun, 2015, 04.11 PM IST
ECB's Mario Draghi gives guarded welcome to Greek reformsMario Draghi said that although some reforms proposed by Athens needed fleshing out, they were enough to justify continuing aid to Greece.
24 Feb, 2015, 10.49 PM IST
Europe shares fall after ECB decision on Greek debtEuropean stocks fell early on Thursday after the European Central Bank abruptly cancelled its acceptance of Greek bonds in return for fundi...
05 Feb, 2015, 02.08 PM IST
Pre-market: Nifty seen opening flat; may retest 8700 levelsTracking the momentum, the Nifty index may retest its crucial psychological level of 8700 in trade today.
05 Feb, 2015, 07.31 AM IST
Greece will be saved if it stops lending to its elitesAnd if true economic reform cannot be delivered, then a euro- area exit remains the only other available option.
07 Nov, 2012, 08.21 AM IST
- Earn over 20% a year from government bonds
Want to earn more than 20% returns? No, not from stocks. This is a government security. Yes, you read it right.
27 Apr, 2012, 11.17 PM IST
- Euro rises with Greek deal expected but sentiment fragile
The euro was seen likely to stage a knee-jerk rally on the deal being signed as chances of a disorderly default on Greek debt would be redu...
20 Feb, 2012, 09.48 PM IST
- Analysts warn Greek deal might not be enough
With Greece and its creditors racing against the clock to stave off a default, analysts say the country's debt could be too large to be sus...
19 Jan, 2012, 01.48 AM IST
- Greek central bank warns of possible Eurozone exit
Greece's central bank today said the country was facing the possibility of an disorderly exit from the eurozone.
23 Nov, 2011, 08.40 PM IST
- ECB forced into 'U' turn on Greek borrowing: analysts
The European Central Bank made a sharp "U" turn on Monday in accepting junk-rated Greek bonds in exchange for loans, but made the best of a...
03 May, 2010, 09.55 PM IST
- ECB suspends credit rating threshold for Greece
The European Central Bank says it is suspending its rating limits on Greek debt until further notice.
03 May, 2010, 11.59 AM IST