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Greece

Thousands of jobs face axe as cash shortage threatens Greek traders

Capital controls on Greece’s banking sector are starting to squeeze business in more ways than one. There is now a dramatic shortage of cash on the

Economy

Tsipras keeps options open ahead of Greece bailout vote

As Greece heads to a referendum this Sunday (July 5) on the country’s bailout terms opinion polls contradict each other. One gives the “yes”

Economy

Grexit could hit other eurozone countries

A Greek exit from the eurozone could send shockwaves through the single currency area. If investors no longer see membership as permanent, they might

Economy

Greek referendum bid for 'reinforcements' is 'anti-constitutional'

Greek Prime Minister Alexis Tsipras on Wednesday said: “I take personal responsibility for an immediate solution, right after the democratic

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World News

Migrant deaths at sea plummet after rescue resources improved

Crisis-rocked Greece has overtaken Italy as the main maritime gateway for migrants trying to reach Europe, new figures have revealed. The UN’s

Greece

Varoufakis echoes Syriza defiance before Greek referendum

The Greek finance minister has reiterated the Syriza government’s defiant stance ahead of Sunday’s referendum on the country’s bailout terms. Yanis

Economy

Greek crisis: pensioners queue for ration payout

Greece

Tourists enjoying Mykonos sun aware of Greek hosts' dark clouds

It might be hard to believe as the crisis heads towards a climax, but there is another – previously more familiar – face to Greece. On the island of

Greece

Greek PM stands firm in run-up to referendum

Greek Prime Minister Alexis Tsipras is maintaining a defiance stance urging voters to reject proposals made by creditors last week when they vote

World News

Mixed messages from Europe's leaders ahead of the Greek referendum

Europe will wait for the results of the Greek referendum. That is the overall message coming from EU leaders and the head of the euro zone’s

Greece

What is the market price of valour for Greece?

Business Line

Grisis: Grexit after the Greferendum

Greece’s financial system has plunged into a deep freeze this week. The country’s Prime Minister Alexis Tsipras shocked European policy makers and

Economy

Tsipras repeats call for Greeks to vote "no" in referendum

The Greek Prime Minister has again urged Greeks to reject new bailout terms in Sunday’s referendum. In a televised address Alexis Tsipras described

Greece

Tsipras says Greece must vote "no" in Sunday's referendum to push for better bailout deal

The Greek Prime Minister has repeated his call for Greeks to reject new bailout terms in Sunday’s referendum. In a televised national address Alexis

Greece

Greece's capital controls... for how long?

Greek banks did not re-open on Monday, as the government imposed controls on capital, for one week, it said. Ordinary people queuing up at cash

Greece

Greek pensioners queue for hours for cash payouts

Despite capital controls, nearly a thousand Greek banks opened their doors on Wednesday to let pensioners without cash cards to make withdrawals

Germany

Merkel: no talks on new Greece bailout deal until after referendum

The German Chancellor has said there’ll be no negotiations on a new Greek bailout deal until after the country’s referendum on Sunday. But Angela

Economy

Greek Prime Minister Tsipras confirms referendum, calls for Greeks to reject creditors' proposal

The Greek Prime Minister Alex Tsipras has confirmed Sunday’s referendum on the bailout plan proposed by Greece’s creditors. He has called on Greeks

Economy

Eurogroup to consider new Greece bailout request

Eurozone finance ministers are to hold a conference call on Wednesday afternoon after Athens submitted a request for a third bailout lasting two years and worth 29.1 billion euros.

Greece

Greece's eurozone future in balance as bailout expires

After Athens missed a deadline to repay an IMF loan, eurozone finance ministers are meeting to consider a last-minute request for a new bailout.