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Eurogroup's draft on Greece indicates a 'Grexit' is officially on the tableGetting parliament to sign off on these reforms only allows Greece to come back to the negotiating table its creditors.- Greece given three days to implement new austerity measuresFinance ministers’ meeting in Brussels demanded Greece enact economic reforms before opening detailed negotiations on an aid package of at ...
- Varoufakis: This is all about Germany wanting 'to put the fear of God into the French'Varoufakis breaks down his view of what Germany - the most powerful voice at the Greek debt negotiatinig table - really wants. And that is ...
- EU, IMF give thumbs up to Greek bailout request: ReportsEU and IMF officials have given euro zone governments a positive assessment of Greece's request for a new bailout.
- Greece may stay: Euro, stocks rally with positive signsCheer spread throughout Europe as Greek PM Alexis Tsipras implied that Greece is not headed for a Euro exit when he said he does not have m...
- Here's exactly what Greece wants in its new 2-year bailoutIn the letter, which was first obtained by Politico, Tsipras asked for another loan but didn't even specify how much that would be.
- European officials warn deal on Greece may not happen MondayEuropean officials were cautious about the prospects of reaching a comprehensive deal on Monday to keep Greece from defaulting and falling ...
- Greece stares into unknown as PM Alexis Tsipras insists a deal can be doneWhile Greece still has 12 days left before the bailout window shuts, it’s already too late for them to access aid in time to pay the IMF ab...
- Greece is ready to give 'big no' to bad deal: PM Alexis TsiprasGreek Prime Minister Alexis Tsipras said he's ready to assume responsibility for the consequences of rejecting an unfair deal with creditor...
- The rumble in Riga: How EU lost patience with Greece’s finance minister VaroufakisVaroufakis’s isolation raises stakes, which include a potential default and keeping euro indivisible’; he is called a time waster and his t...
- 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.
- BSE, NSE to remain closed on account of MahashivratriNifty now trades near a resistance cluster of 8850 to 8885. If the index is not able to breach the level of 8885 then there is a likelihood...
- Finland to nominate Jyrki Katainen as European Union commissioner on ThursdayKatainen will replace Olli Rehn, EU commissioner for economic and monetary affairs, as Finland's representative at the European Commission.
- European Union leaders to back Jean-Claude Juncker, leaving Britain isolatedCalling Juncker the wrong man for the job, Cameron said as he arrived, "there are times when it's very important that you stick to your pri...
- World Central Bankers have got it wrong: Paul KrugmanAt 2 per cent, those goals are too low and increase the risk that central banks will run out of room to cut interest rates, the so-called z...
- October 23, 2013: Mecklai Financial report on rupeeAs the key resistance has been breached the local currency can move towards 62 levels. The downside looks restricted to 61.20 levels.
- October 22, 2013: Mecklai Financial report on rupeeIn early session it crossed the 61.80 mark and moved to 61.82 levels. As the key resistance has been breached the local currency can move t...
- Euro group releases first bailout installment for CyprusThe euro group has signed off the first installment of the $13 billion financial bailout package for debt-stricken Cyprus.
- 'Cyprus plan no template for other rescues'While the Dutch minister issued a clarification later that day, several governments pushed for a confirmation at the European level that th...
- Cyprus deal drives up insurance costs on bank debtThe cost of insuring European bank debt against default jumped on Monday after a senior EU official said the bailout of Cyprus could be use...
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