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Greece

Greeks divided over Sunday's referendum

Fears that the country is about to crash out of the euro brought thousands of Greeks into central Athens on Tuesday urging support for a Yes vote

Greece

Greek tourism looks for early deal to shift clouds from the sunshine

Tourism accounts for a whopping 20% of Greek GDP and many in the industry are worried at what the effects of the debt meltdown will have on trade

Greece

Crowdfunded site for Greek debt nears €1,500,000 in contributions

A crowdfunding campaign with its goal the equivalent of the Greek €1,6 billion IMF debt has a few more hundreds of millions to raise. While this may

World News

Time runs out: Greece misses 1.6 billion-euro IMF repayment

Time has run out for Athens: Greece fails to make an agreed 1.6 billion euro loan repayment to the IMF threatening its future in the euro zone.

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Economy

Tsipras keeping promise, one refusal at a time

Five years of crisis, five months of negotiations. Elected in January this year on an anti-austerity programme, Prime Minister Alexis Tsipras

Economy

All you need to know about the Greek referendum

Greece’s debt crisis is the saga that has seemingly dominated headlines for months (if not years) – the only positive being it’s gone on for so long

Economy

Greek euro exit drama weighs heavy on world markets

Worries over Greece have been weighing heavy on world markets. Euro zone shares suffered their biggest one day drop since 2011 on Monday with

Economy

Tsipras says if Greeks approve the EU's aid plan, Syriza will resign

Prime Minister Alexis Tsipras has told the Greek people that if they vote to accept the terms of continued EU financial aid in Sunday’s referendum he

Greece

European leaders 'open to further negotiations' with Greece

European leaders say the door remains open for negotiations with Athens on the Greek debt crisis.

Economy

Greece to default on IMF loan on Tuesday as banks close and panic buying begins

Greeks stood around outside shuttered banks as a new week began during which Tuesday’s IMF payment of 1.6 billion euros won’t be paid, and by next

Economy

Greece stands close to eurozone exit ahead of austerity referendum

Which way now for Greece? With a 1.6 billion euro repayment to the IMF likely to be missed, Athens could be struggling for options on how it can

USA

Wall Street brings calm to volatile markets amid Greek turmoil

US stocks followed a global lead and fell as Wall Street opened as the weekends events in Greece dented investors confidence. However, the falls are

Greece

Greek banks remain closed, as pensioners queue up to withdraw payouts

Greek pensioners lined up outside banks desperate to access their monthly payouts. With banks closed until after a referendum on bailout proposals

Economy

Greek banks, stock exchange will not open on Monday, Tsipras announces

Greece announces its banks and stock exchange will remain closed on Monday as Prime Minister Alexis Tsipras asks once more for an extension of the bailout programme.

Economy

'Dilemmas, anxiety and political polarisation': Athens discusses Grexit

Greece awoke on Sunday to the news parliament had given the go-ahead to a referendum on austerity measures. In Athens, local residents admitted to

Economy

Greece: ECB decides to maintain current emergency funding

The European Central Bank is to maintain emergency funding for Greek banks at the levels agreed on Friday. Experts say in real terms this represents

Economy

Greece: ECB to cap or cut funding?

It is being widely reported that the European Central Bank may decide to cut off its emergency lending to Greece. Media reports suggest the Bank will

Economy

Eurogroup says 'no deal' to Greek request for bailout extension

The Eurogroup has announced that Greece’s financial aid programme will expire on Tuesday night. Jeroen Dijsselbloem, the head of the 19-member group

Economy

Greek parliament authorises referendum on bailout offer

Greece’s parliament has authorised a referendum on a bailout offer from foreign creditors. It is set to take place on the 5th of July. Prime

Economy

Athens gives its view on Greece's financial future

With Greece’s future in the euro zone looking shakier than ever, it seems the Greek population is divided over the proposed referendum on austerity