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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.

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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

Greece

Greece: the gloves are off in Brussels

Exasperation is said to be at its peak in Brussels, as Eurogroup ministers meet once again for last-ditch talks about Greece. Athens has raised

Germany

Greek referendum proposal causes ripples in Germany

Alexis Tsipras’ shock proposal for a referendum on accepting a bailout deal has caused ripples throughout Europe. In Germany, the news of a possible

World News

Greece: mixed reaction to referendum decision

News of the impending referendum has caused alarm for some in Greece. The country’s Central Bank says deposits are now at their lowest level since

Greece

Greek bailout referendum marks 'big moment for democracy'

A referendum call from Greek Prime Minister Alexis Tsipras marks the most dramatic twist yet in long-running negotiations between Greece and its

Greece

Greek debt crisis: Tsipras calls for referendum on bailout deal offer

Greek Prime Minister Alexis Tsipras is calling for a referendum on 5 July on whether the country should accept or reject a bailout agreement offered

Economy

Battle brewing in Athens over bailout deal

The Greek Prime Minister is heading back to Athens and an emergency cabinet meeting is on the cards as crisis talks speed towards another potential deadline.

Economy

Tsipras says creditors trying to "blackmail" Athens

Behind the smiles, tensions are mounting between Greek Prime Minister Tsipras and his European partners – just hours before Saturday’s (June 27)

Culture news

Athens' new multi-million euro cultural hub on schedule for 2016 opening

A bird’s eye’s view offers an idea of the scale of an astonishing new site currently under construction in Athens. Designed by world-famous

Europe News

Greek talks down to the wire

Greek Prime Minister Alexis Tsipras was back at the European Council on Friday (June 26) morning for another day of talks. He has just 48 hours to

World News

Migration: Divisions emerge over EU deal

Details are emerging of strong differences of opinion between Europe’s leaders as they try to address the problems caused by soaring numbers of