Greeks voted ‘No’ to the European austerity programme, but another election is looming, writes Armin Osmanovic.
Confusion over the timing of fresh elections in Greece has threatened to jeopardise the prospects for a smooth transition to a new government.
Greek Prime Minister Alexis Tsipras announced his resignation and called for snap elections, as he went on the offensive to defend the bailout.
Greece’s latest bailout cleared one of its last hurdles after the German Parliament voted in favor of an aid package of up to 86-billion euros.
Greece’s stock market has rallied since the country’s creditors reached an outline agreement on the latest bailout.
Prime Minister Alexis Tsipras needs to unlock bailout funds to repay €3.4bn to the ECB by August 20, as the bank leaves its credit lifeline unchanged.
Lenders led a record plunge in Greek equities as the Athens Stock Exchange reopened after a five-week shutdown.
Inflated state salaries, rising debt and a high social grant bill leave South Africa vulnerable.
Greeks queued outside banks as they reopened three weeks after closing to stop the system collapsing under a flood of withdrawals.
Alexis Tsipras drives through tax increases and pensions shake-up amid angry splits in his Syriza party.
Lawmakers passed an EU agreement that keeps Greece in the eurozone, putting pressure on the ECB and European governments to deploy emergency funds.
Prime Minister Alexis Tsipras braved a revolt in his political party as Parliament in Athens began to debate a bailout of up to €86-billion.
Greece reached an agreement with its creditors over the reforms needed to start talks for a third bailout in five years and remain in the euro.
Oil prices recovered after Iran nuclear talks extended until July 7, despite uncertainty over the Greek financial crisis, analysts said.
Alexis Tsipras and his creditors sparred heading into Sunday’s referendum on austerity as a poll suggested voters are inclined to accept deeper cuts.
The current confrontation will shape resistance to austerity – and the future of the whole of Europe.
What should be a financial matter has become a political stick to punish the country.
European leaders wait for signs that Prime Minister Alexis Tsipras is ready to compromise as Greece fails to make its IMF payment.
Referendums settle matters definitively, right? Not in Greece. Both outcomes next Sunday would raise as many questions as they answer.
Markets across the world tumble as Greece orders its banks to shut for a week and imposes capital controls after its citizens emptied ATMs.
Greece’s Alex Tsipras publishes a decree in the official government gazette setting out the capital controls to be imposed on the country.
ECB president Mario Draghi willingly giving Greece negotiating room while cash drains from the banking system has riled those who had a tougher ride.
As bank withdrawal limits in Greece plummet, citizens have been thinking up contingency plans for ‘in case’.
The euro leapt, Greek bond yields fell, but nothing actually changed in another day of talks with international creditors.
Greece will not be able to pay the International Monetary Fund on June 5 unless foreign lenders disburse more aid to the debt-ridden country.
Greece, who is trying to reach a deal with EU-IMF creditors, says the invitation is a “happy surprise” and they will further consider the proposal.
An unusual internal report links shrinking union power to growing inequality – but don’t be fooled.
EU paymaster Germany criticised the Greek proposal as "not a substantial solution" as it failed to fulfil bailout conditions.
By lending Greece money, eurozone members bear some responsibility for the plight of the beleaguered country.
Economic decisions by Athens’s leader may push Greeks to vote for the neo-fascist Golden Dawn.
A diplomatic offensive by new Greek prime minister Alexis Tsipras to ease bailout aid requirements has been failing to win converts.
Greece’s international lenders have agreed to give the country two more years to make the cuts demanded of it.