Renee Maltezou And John O'Donnell

Stories by Renee Maltezou And John O'Donnell

New Greek bailout talks start, creditors seek more action

New Greek bailout talks start, creditors seek more action

Rediff.com   27 Jul 2015

Athens has pushed two reform packages through parliament

Greek PM keeps lid on party rebellion to pass bailout vote

Greek PM keeps lid on party rebellion to pass bailout vote

Rediff.com   23 Jul 2015

The legislation passed with 230 votes in the 300-seat chamber.

IMF calls for Greece debt relief ahead of bailout vote

IMF calls for Greece debt relief ahead of bailout vote

Rediff.com   15 Jul 2015

An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.

Euro zone clinches deal with Greece after all-night haggle

Euro zone clinches deal with Greece after all-night haggle

Rediff.com   13 Jul 2015

Tough conditions imposed by global lenders could cause an outcry.

Greece submits new bailout plan to avoid euro exit

Greece submits new bailout plan to avoid euro exit

Rediff.com   10 Jul 2015

Athens bowed to demands to phase out tax breaks for its islands.

Bailout or not, Greek banks face closures

Bailout or not, Greek banks face closures

Rediff.com   9 Jul 2015

A year ago, Greece's bankers thought they were on the cusp of a new era.

Euro zone gives Greece until Sunday for debt deal

Euro zone gives Greece until Sunday for debt deal

Rediff.com   8 Jul 2015

The situation in Greece worsened with banks closed for a 2nd week.

Greece faces last chance to stay in euro as cash runs out

Greece faces last chance to stay in euro as cash runs out

Rediff.com   7 Jul 2015

Without some firmer pledge of debt relief, neither Greece nor the IMF is likely to accept a deal

Greek finance minister quits after voters reject bailout terms

Greek finance minister quits after voters reject bailout terms

Rediff.com   6 Jul 2015

Greek Finance Minister Yanis Varoufakis announced his resignation on Monday, a day after Greeks delivered a resounding 'No' to the conditions of a rescue package.

Greeks defy Europe with overwhelming referendum 'No'

Greeks defy Europe with overwhelming referendum 'No'

Rediff.com   6 Jul 2015

The vote leaves Greece in uncharted waters: risking a banking collapse that could force it out of the euro.

IMF warns of huge financial hole as Greek vote looms

IMF warns of huge financial hole as Greek vote looms

Rediff.com   3 Jul 2015

IMF report says billions more cash and debt relief needed

Greece defaults on IMF payment despite last-minute overtures to creditors

Greece defaults on IMF payment despite last-minute overtures to creditors

Rediff.com   1 Jul 2015

11th-hour debt restructuring programme offered no concessions to creditors

Greece asks for bailout extension as clock ticks down

Greece asks for bailout extension as clock ticks down

Rediff.com   30 Jun 2015

The proposals appeared so far apart that success seemed higly unlikely

EU makes last-ditch bid to save Greek bailout

EU makes last-ditch bid to save Greek bailout

Rediff.com   30 Jun 2015

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.

Greece offers new proposals to avert default, creditors see hope

Greece offers new proposals to avert default, creditors see hope

Rediff.com   23 Jun 2015

Greek proposals hailed as "a positive step forward".

F1 stake sale ends unhappy bond

F1 stake sale ends unhappy bond

Rediff.com   26 Nov 2005