Saturday 5 September 2015
 
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Bailout

Greek plans sale of ports, power firms, airports

Greece will move rapidly to privatise its ports, regional airports and its power grid operator under a memorandum of understanding (MOU) agreed with its international lenders. According to the 29-page MOU, a copy of which was obta

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Greece, lenders agree bailout, shares rally

Greece and its international lenders reached an 85 billion euro ($93.6 billion) bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ruin. The deal, which came after 23 h

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IMF ‘cannot join Greece bailout talks now’

The International Monetary Fund (IMF) can participate in discussions over the latest financial rescue for Greece but cannot officially join the talks until after the fiscally beleaguered nation has agreed to comprehensive reforms, the Financ

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Security worries delay start of Greece's bailout talks

Talks on tying up a new bailout deal for Greece failed to start on Friday (July 24) as had been expected, with officials blaming security worries for delaying the negotiations with international creditors who are detested by many Greeks.

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Laws passed, Greece to open bailout talks

Greece's creditors prepared on Thursday for the start of bailout talks in Athens, after lawmakers adopted a second package of reform measures before dawn despite a left wing rebellion that may bring early elections. In a sign

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Greek banks reopen as Tsipras eyes return to normal

Greeks queued outside banks on Monday (July 20) as they reopened three weeks after closing to stop the system collapsing under a flood of withdrawals, the first cautious sign of a return to normal after a deal to start talks on a new package of

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In Greek crisis, one big unhappy EU family

The latest paroxysm of Greece's debt crisis has exposed growing rifts in the euro zone which, unless addressed soon, could lead to the break-up of European monetary union, the EU's most ambitious project. The most worrying

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Greek banks to re-open on Monday

The Greek government ordered banks to open on Monday, three weeks after they were shut down to prevent the system collapsing under a flood of withdrawals, as Prime Minister Alexis Tsipras looked to the start of new bailout talks next week.

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Europe moves to restore funding to Greece after bailout

Europe has moved to re-open funding to Greece's stricken economy after the parliament in Athens approved a new bailout programme in a fractious vote that left the government without a majority. The European Central Bank increa

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Greece accepts reforms needed to get bailout

The Greek parliament passed sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro, but dozens of hardliners in the ruling Syriza party deserted Prime Minister Alexis T

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