Greek Default

'Lengthening shadow' of euro zone crisis a matter of concern: Mukherjee

Growing fears of a potential Greek debt default ripping into Europe's banking sector have rattled world markets and add to the domestic concerns of Indian policymakers struggling with high inflation and a cooling economy.

Greece passes austerity budget after street clashes

Greece will narrowly avoid bankruptcy this month after the European leaders and the IMF agreed to dole out the latest tranche of financial aid.