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Economy

IMF confirms receiving Greek request for new loan

The International Monetary Fund says it’s received a letter from Greece seeking a new loan, confirming a statement from the Greek finance ministry

Europe News

EU finalises 7 bln euro bridge loan for Greece, says debt 'restructuring' back on table

The European Council has announced a 7.16 billion euro bridge loan for Greece. Furthermore, the question of debt restructuring – not part of the deal

Economy

Greek parliament passes bailout reforms thanks to opposition support

Prime MInister Alexis Tsipras is deserted by Syriza party rebels, but he still gets tough reforms demanded by Greece's lenders, adopted with opposition help

Greece

Analyst says Greek debt 'haircut' too much to ask of EU

Greece’s lawmakers were debating an austerity bill set for a midnight vote on Wednesday (July 15) that will condemn the country to years of more

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Greece

Secret IMF report: Greece needs debt relief far beyond EU plans

Economy

Greek parliament gives Tsipras strong mandate to complete reform negotiations

The Greek parliament gives the green light to Alexis Tsipras' crucial reform proposals, taking Athens one step closer to remaining in the euro zone.

Greece

Life goes on in Athens: locals head to beach to 'regain sense of normality'

Life’s a beach, or at least that’s the impression some Athens locals wished to give when euronews went to gauge reactions to the ongoing financial

Greece

Greece submits last-ditch reform proposals to international creditors

With bankruptcy looming, Greece submits a last-ditch cash-for-reforms package to its international lenders.

Greece

IMF: slashes global growth forecast by 2%, tells Athens to "respect the rules"

The IMF has cut its forecast for global growth from 3.5 percent to 3.3, blaming a weaker first quarter in the US. This is lower and slower than last

Greece

Greece gets final 'end of week' deadline for reforms

Greece has until the end of the week to come up with new proposals to secure a deal with creditors to keep the county from crashing out of of the

Greece

Thousands of Greeks celebrate referendum result

Thousands of joyful Greeks poured into the capital’s central square as the scale of the rejection to a bailout deal which would have imposed more

Greece

It's a decisive "No" in Greek bailout referendum

Greeks celebrate in central Athens after a decisive "No" vote against accepting the terms of a eurozone bail-out deal

Economy

Greece: voters admit to divided opinions

Greece has been divided by the Yes/No question posed by its referendum. Polls suggest neither side had a clear lead in the run-up to the opening of

Economy

Greece: Alexis Tsipras among the first to vote

There was a commotion as Alexis Tsipras arrived to cast his vote in the Greek referendum. Crowds gathered at the Athens polling station to witness

Economy

Greece: polling opens in crunch referendum

Greeks are deeply divided as they head to the polls in a referendum to decide the country’s financial future. Polling stations opened at 6am Central

Greece

Greek court rejects appeal to block bailout vote

Greece’s highest court has rejected an appeal against a referendum on a bailout package from creditors, clearing the way for the vote to be held as

Greece

Greece: with referendum looming 'Yes' vote ahead, opinion poll suggests

In Greece, a new opinion poll suggests the 'Yes' vote pulls slightly into the lead ahead of Sunday's referendum on austerity measures.

World News

Tsipras: 'no' vote will mean a better deal with lenders

Prime Minister Alexis Tsipras insisted on Thursday that a ‘no’ vote in Sunday’s referendum would give him a chance to negotiate a better outcome with

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.

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