Greece Debt Crisis

Crisis in Greece resolved as eurozone leaders reach unanimous deal

The Greek government has made getting some form of debt relief a priority and hopes that a comprehensive solution will involve European creditors at least agreeing to delayed repayments or lower interest rates.

Greece debt crisis: Compromise for bailout in the works; erozone to vet proposals

Eurozone proposals insist on the International Monetary Fund having a part in any future bailout, and call for Greece to park assets of up to 50 billion euros ($56 billion) for privatisation

Greece crisis: Euro leaders continue marathon meetings, no concrete plan yet

It is unlikely Greece will leave euro, and the country will move from crisis to crisis

The euro is as much a political project as it is an economic one. Given this, chances are in the days to come a deal will be hammered out between Greece and the economic troika

Despite last-minute proposals to creditors, Greece defaults on IMF debt

Opinion polls show a majority of Greeks favour holding on to the euro, but the referendum is shaping up to be a close call.

Greece exit from euro imminent as anti-austerity protests gather momentum

The Economist Intelligence Unit said a "No" vote was more likely, raising the probability of Greece leaving the euro zone to 60 percent

Markets cheer positive US, German data, Greek commitment

Europe gave Greece until Wednesday to specify how 325 million euros of the 3.3 billion euros demanded in budget savings will be achieved and to give a written commitment to implement the terms of the deal.<br /><br /> <br /><br />

Greek borrowing rates rise in T-bill sale

Greece's debt management agency says the country has raised 1.625 billion ($2 billion) in an auction of 26-week treasury bills, but at a relatively hefty interest rate that rose from a similar debt sale last month.

In Greece, loan sharks compound the pain

As it has become harder for many Greeks to do the weekly shop, let alone pay the rent on their businesses or the mortgages on their homes, there has also been growth in illegal lending.

Gold up on Greece bailout hopes; heads for weekly gain

Gold, on course for a weekly rise of 0.8 percent, has moved in the range between $1,700 and $1,760 since the beginning of the month, closely tracking the progress and setbacks in Greece's struggle.