News about Greece

IMF: Greece needs 36 bn euros more from EU

Greece needs 50 billion euros over the next three years, including 36 billion euros more from EU lenders, to stabilize its finances even under existing creditor plans.
03 July 2015 10:53

Defiant Greek PM vows referendum will go ahead

Greek Prime Minister Alexis Tsipras vowed to press ahead with a controversial bailout referendum as European leaders ruled out any fresh debt offer before Sunday's vote.
02 July 2015 15:57

'Black Monday' in Greece as panic simmers

It has already been dubbed "Black Monday" -- jittery housewives, shoppers and business owners queued in vain at cash machines in Athens, where the country awoke to capital controls and shuttered banks.
29 June 2015 17:04

Greece calls emergency financial council meeting

The Greek government said it had called an emergency gathering of its systemic stability council, as speculation mounted of capital controls being imposed and increasing signs of a bank run.
29 June 2015 12:23

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