No deal reached yet on Greece bailout plan

No deal reached yet on Greece bailout plan

(VOVworld) - Eurozone finance ministers will meet again on Sunday in Brussels after failing to agree on Saturday whether to meet Greece's request for a third bailout worth 53.5...
Greek parliament approves bailout reform plan

Greek parliament approves bailout reform plan

(VOVworld) - With 251 votes in support and 32 votes against, Greece's parliament has backed a government package of economic reforms aimed at ending the country's debt crisis and...
Greece submits new reform and budget cut plan

Greece submits new reform and budget cut plan

(VOVworld) – The Greek government submitted a new proposal Thursday for economic policy overhauls and budget cuts, which are said to have moved closer to Eurozone creditors’ demands in return for...
EU summit on Greece set for Sunday

EU summit on Greece set for Sunday

(VOVworld) – EU leaders will meet in Brussels on Sunday for a summit that could sign off on a new bailout deal for Greece, Italian Prime Minister Matteo Renzi said on...
Efforts to resolve Greek crisis

Efforts to resolve Greek crisis

(VOVworld) – The result of Greece’s referendum has created a problem for EU leaders. They now have to find a way to prevent Greece’s leaving the eurozone and perhaps...
US calls on Greece, EU to compromise

US calls on Greece, EU to compromise

(VOVworld) - The White House urged Greece and EU leaders on Monday to find a compromise to keep Greece in the eurozone, after Greeks voted resoundingly to reject the austerity-based bailout....
Greek voters reject austerity measures

Greek voters reject austerity measures

(VOVworld) – 61.31 % of Greek voters rejected accepting austerity measures in exchange for an international bailout, according to official results of the Sunday’s referendum
Greece submits new proposal to creditors

Greece submits new proposal to creditors

(VOVworld) - Greece has submitted a new proposal to its international creditors in a last-ditch attempt to keep from defaulting on its IMF debt payment, which falls due on Tuesday
IMF receives loan extension request from Greece

IMF receives loan extension request from Greece

(VOVworld) – Eurozone finance ministers denied the last-minute proposal of Greek Prime Minister Alexis Tsipras to extend Greece’s bailout package during an urgent phone call Tuesday midnight
S&P downgrades Greece’s credit rating

S&P downgrades Greece’s credit rating

(VOVworld) – Standard and Poor’s Ratings Services (S&P) lowered its sovereign rating on Greece to “CCC minus” from “CCC”, saying the possibility of Greece exiting the Eurozone was now...
Greece before EU's last-minute deal

Greece before EU's last-minute deal

(VOVworld) – June 30th is the deadline for Greece to pay its debt to the IMF. When the bailout program expires, no rule says Greece has to leave the Eurozone if it defaults...