Greece challenges IMF for leak in debt issue
ATHENS: Greece has demanded explanation from International Monetary Fund (IMF) for a leaked conversation between high profile officials discussing Greek bailout. Wikileaks has published a...
Greece crisis
Greece Crisis: Grexit or Eurozone?
by TNT Desk
ISLAMABAD: Greece has major debt payments this year scheduled a EU 1.6B to IMF in June, EU 3.5B to ECB in July, EU 3.2B to...
Greece in crisis over state TV closure
by AFP
ATHENS: Greece was in the grip of a new political crisis on Wednesday as the government faced a storm of public protest and a general...
Crisis-hit Greece sees rise in social inequality
by AFP
ATHENS: After six consecutive years of brutal recession, with homeless and unemployment rates skyrocketing, Greek society is experiencing an “unheard-of fragmentation”, made worse by fierce...
Greece says needs 27.5 bn euros to recapitalise 4 biggest banks
by AFP
Athens: Greece’s four biggest banks need 27.5 billion euros ($36.4 billion) in recapitalisation funds by the end of April, the national central bank said in...
Top two Greek banks post nine-month losses
by AFP
Athens: Greece’s biggest lender National Bank on Friday said it had posted a nine-month loss of 2.45 billion euros ($3.2 billion) while number two Alpha...
S&P lifts Greece from selective default rating
by AFP
Paris: Ratings agency Standard and Poor’s raised Greece’s sovereign debt rating by six notches on Tuesday encouraged by a burst of support for Athens from...
Eurozone finance ministers edge towards Greek bailout deal
by AFP
Brussels: Greece looked likely Tuesday to get the bailout funds it needs to avoid bankruptcy at an emergency European finance ministers meeting called to try...
13,000 Greeks homeless in Athens, says report
by Areeb Hasni
Athens: Greece capital Athens has almost 13,000 people homeless and the number is till increasing, A new report says....