Greece Debt
latest news & developments
The left’s hopes for Greece fade
Greeks voted ‘No’ to the European austerity programme, but another election is looming, writes Armin Osmanovic.
Greek election confusion raises fresh fears over ability to pay debts
Confusion over the timing of fresh elections in Greece has threatened to jeopardise the prospects for a smooth transition to a new government.
Greece’s PM Alexis Tsipras resigns
Greek Prime Minister Alexis Tsipras announced his resignation and called for snap elections, as he went on the offensive to defend the bailout.
Germany backs Greece’s third 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.
Faint signs of hope as Greece is bailed out once again
Greece’s stock market has rallied since the country’s creditors reached an outline agreement on the latest bailout.
Greece in ‘final stretch’ of deal with creditors
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.
Banks lead Greek stock slump in first day of trading
Lenders led a record plunge in Greek equities as the Athens Stock Exchange reopened after a five-week shutdown.
Ignore lessons from Greece at our peril
Inflated state salaries, rising debt and a high social grant bill leave South Africa vulnerable.
Greek banks reopen as Tsipras eyes return to normal
Greeks queued outside banks as they reopened three weeks after closing to stop the system collapsing under a flood of withdrawals.
Greece swallows bitter bailout pill
Lawmakers passed an EU agreement that keeps Greece in the eurozone, putting pressure on the ECB and European governments to deploy emergency funds.
Greek MPs pass austerity bill as Athens police clash with protesters
Alexis Tsipras drives through tax increases and pensions shake-up amid angry splits in his Syriza party.
Tsipras braves Parliament over bailout as Greece outlook worsens
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.
European summit strikes bailout deal to keep Greece in euro
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 recover as Iran talks, Greek crisis drag on
Oil prices recovered after Iran nuclear talks extended until July 7, despite uncertainty over the Greek financial crisis, analysts said.
Europe rebuffs Greek advance as poll shows voters mull ‘Yes’
Alexis Tsipras and his creditors sparred heading into Sunday’s referendum on austerity as a poll suggested voters are inclined to accept deeper cuts.