Grexit

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Grexit - Total results - 26
Greece to get a payout of 8.5 billion euros, eurozone ministers 'optimistic' about Greek bailout deal
World

Greece to get a payout of 8.5 billion euros, eurozone ministers 'optimistic' about Greek bailout deal

Eurozone ministers said they were optimistic about reaching a bailout deal with Greece but warned Athens would have to wait for a deal on future debt relief

Brexit: Blow likely for Indian companies as they may have to rework plans
World

Brexit: Blow likely for Indian companies as they may have to rework plans

While technically the Parliament can still decide not to follow the result of the referendum, it is almost certain that this would happen. Also there will be a transition path over the next 2 years before this happens and during this period, the details would be worked on.

Manspreading, Wine O'clock officially new words, added to the Oxford dictionary
Life

Manspreading, Wine O'clock officially new words, added to the Oxford dictionary

The term, coined by commuters, refers to men on public transport who splay their legs wide apart and encroach on neighboring seats.

Greece seeks bailout deal by 20 August, sends bill to parliament
World

Greece seeks bailout deal by 20 August, sends bill to parliament

Lawmakers are due to vote on a second batch of reforms on Wednesday in a fresh test of Prime Minister Alexis Tsipras' authority, after he suffered a major rebellion in his radical-left party Syriza during a vote on a first tranche of bailout measures last week.

What relief? Greek economy is on its knees despite bailout deal
World

What relief? Greek economy is on its knees despite bailout deal

Greece has a tentative rescue deal, but relief that it is not falling out of the euro is unlikely to last long: its economy has taken a huge hit.

Debt crisis: How Greece's euro tragedy turned into a farce at the end
World

Debt crisis: How Greece's euro tragedy turned into a farce at the end

The deliberations leading to this compromise by the European Council have tried their best to keep Greece within the fold and retain the integrity of the euro currency.

Does the European Union Exist? A 'Grexit' will demonstrate the artificiality of the Union
World

Does the European Union Exist? A 'Grexit' will demonstrate the artificiality of the Union

What will demonstrate the artificiality of the Union is what has been called ‘Grexit’- that is, Greece’s exit from the European Union.

Grexit: Why Amartya Sen and Thomas Piketty are right about Germany
Business

Grexit: Why Amartya Sen and Thomas Piketty are right about Germany

As economic history has shown more than once, whenever people in decision making positions forget what Keynes said, the world usually ends up in a bigger mess.

Greek finance minister quits to smooth talks after 'No' vote
World

Greek finance minister quits to smooth talks after 'No' vote

In a parting blog post celebrating the Greek 'Oxi' ('No') vote, Varoufakis said Greeks had taught Europe a lesson in democracy and should now demand better financial rescue terms.

A big, fat Greek no: What the rejection of bailout terms means for the country
Business

A big, fat Greek no: What the rejection of bailout terms means for the country

Greeks overwhelmingly rejected conditions of a rescue package from creditors on Sunday, throwing the future of the country's euro zone membership into further doubt and deepening a standoff with lenders. After five years of bailouts, it could become the first country to leave the eurozone.

It's official: Greece declared in default ahead of knife-edge referendum
World

It's official: Greece declared in default ahead of knife-edge referendum

The news will come as a fresh shock to Greece's 11 million people, and will hang over two major, rival rallies taking place in Athens today seeking to galvanise 'Yes' and 'No' support for Sunday's referendum.

No point in retaining Greece: Allow it to exit euro for quicker resolution of mess
World

No point in retaining Greece: Allow it to exit euro for quicker resolution of mess

The question that Alexis Tspiras’ government will have to ask itself is after exiting the euro whether it can actually go slow on austerity and keep spending more drachmas, where there are no corresponding goods being produced.

Greece referendum: PM Alexis Tsipras steadfast on 'no' vote as EU makes last-minute offer
Business

Greece referendum: PM Alexis Tsipras steadfast on 'no' vote as EU makes last-minute offer

Tsipras would have to send a written acceptance of the version of proposals from the lenders published on Sunday, with a pledge to campaign for them to be accepted in the planned July 5 referendum

Greece exit won't be comparable to 2008 collapse: Here's how crisis may unfold
Business

Greece exit won't be comparable to 2008 collapse: Here's how crisis may unfold

Between now and 5 July, Greece remains suspended between collapse and an uncertain rescue

From PIGS to PIS: Here are three lessons to learn from a potential Grexit
Business

From PIGS to PIS: Here are three lessons to learn from a potential Grexit

An economic union can only be as strong as its weakest link, which means the stronger ones have to display even more commitment to it than the weak. A Grexit will be a testimony not just to Greek failure, but also Germany's

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

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

Grexit: There is a good reason why the world's going nuts over Greece
World

Grexit: There is a good reason why the world's going nuts over Greece

The bailout money helps keep the Greek economy going and at the same time helps repay the debt that is falling due.

Lessons for India from Grexit: States must have right to exit GST painlessly
Business

Lessons for India from Grexit: States must have right to exit GST painlessly

We expect all Indian states to be a part of the goods and services tax regime, but we have not thought about what we will do if some state finds that it has got a dud deal.

Greece edges closer to default: Banks shut, capital controls imposed as crisis deepens
Business

Greece edges closer to default: Banks shut, capital controls imposed as crisis deepens

The euro fell sharply against the dollar and safe-haven US government debt futures rallied as investors exhibited fears of a Greek default and exit from the euro zone