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Greece seeks bailout, debt breakthroughs

Jun 15, 2017 - 11:42 AM

IMF chief Christine Lagarde and the eurozone's 19 finance ministers meet in Luxembourg with hopes riding high that the talks will secure the release of the latest tranche of Greece's 86-billion euro ($97 billion) bailout agreed in 2015

Greece seeks bailout, debt breakthroughs

Greece, creditors look to debt relief after provisional fiscal deal

May 02, 2017 - 12:39 PM

(3rd UPDATE) Greece reaches a preliminary deal with its creditors that should pave the way for long-awaited debt relief talks, the Greek finance minister says

Greece, creditors look to debt relief after provisional fiscal deal

Vatican replaces image of Pope Francis on euro coins

Jan 28, 2017 - 9:36 AM

The EU's official journal on January 24 has published pictures of the Vatican's new coins, and they show that Pope Francis' image has been replaced

Vatican replaces image of Pope Francis on euro coins

Eurozone approves 2.8B euros in bailout funds for Greece

Oct 25, 2016 - 4:05 PM

Following the latest disbursement approved by the European Stability Mechanism (ESM), Greece will have received 31.7 billion euros of the 86-billion-euro bailout granted in July 2015

Eurozone approves 2.8B euros in bailout funds for Greece

Greek MPs vote on reform package amid nationwide strikes

May 08, 2016 - 12:34 PM

Greece's budget deficit has ballooned as it struggles to keep up with mammoth debt payments, which the International Monetary Fund believes is unsustainable

Greek MPs vote on reform package amid nationwide strikes

Eurozone growth forecast cut as global risks, Brexit loom

May 03, 2016 - 11:00 PM

The European Commission trims its 2016 forecast to 1.6%, citing increased global risks

Eurozone growth forecast cut as global risks, Brexit loom

Italy, Japan urge G7 to spend for growth

May 03, 2016 - 12:15 PM

Prime ministers Matteo Renzi and Shinzo Abe call for greater flexibility on budgetary policies ahead of the G7 Summit

Italy, Japan urge G7 to spend for growth

Why is eurozone inflation so persistently low?

Mar 06, 2016 - 9:25 PM

Here's how oil prices, exchange rates, wages, and corporate investment affect inflation

Why is eurozone inflation so persistently low?

Eurozone unemployment at lowest since August 2011

Mar 02, 2016 - 1:10 PM

Unemployment in the 19-nation eurozone drops to 10.3% in January 2016

Eurozone unemployment at lowest since August 2011

'Brexit' tension mounts as Cameron says 'still no deal'

Feb 19, 2016 - 2:00 PM

European leaders have dug their heels in over Cameron's reform demands, which include reducing welfare payments to EU migrants and opting out of a commitment to ever-closer union

'Brexit' tension mounts as Cameron says 'still no deal'

Eurozone unemployment falls to lowest in four years

Jan 07, 2016 - 8:48 PM

Unemployment fell to 10.5% in November from 10.6% in October, hitting the lowest level since October 2011

Eurozone unemployment falls to lowest in four years

APEC 2015: A sense of déjà vu

Nov 12, 2015 - 7:00 PM

The current and former NEDA chiefs compare the Philippine economy on the eve of the country's hosting of the APEC summit in 1996 and in 2015. Then and now, the global community saw the country as poised to reach great economic heights.

APEC 2015: A sense of déjà vu

Comeback kid Tsipras storms to victory in Greek election

Sep 21, 2015 - 7:28 AM

Greece's charismatic leftwing leader Alexis Tsipras romps to victory in Greece's general election, winning his second mandate as premier this year despite a controversial austerity deal struck with European leaders.

Comeback kid Tsipras storms to victory in Greek election

Germany praises Greek stance shift in debt talks

Aug 16, 2015 - 5:52 PM

Germany's finance minister Wolfgang Shaeuble hails Greece but warns that Europe will closely monitor reforms in Athens

Germany praises Greek stance shift in debt talks

Eurozone approves Greek bailout in return for far-reaching reforms

Aug 15, 2015 - 9:58 AM

'New loans of up to 86 billion euros ($96 billion) will be made available over the next 3 years to Greece,' says the European Commission

Eurozone approves Greek bailout in return for far-reaching reforms

Eurogroup must decide Greek debt deal today – France

Aug 14, 2015 - 9:51 PM

The International Monetary Fund believes Greece must get some debt relief if the government is ever to have hope of getting the economy back on its feet

Eurogroup must decide Greek debt deal today – France

Spanish jobless claims fall in July for 6th straight month

Aug 04, 2015 - 10:20 PM

The improved jobs outlook should provide a boost to conservative Prime Minister Mariano Rajoy as he prepares for what promises to be a hard-fought re-election campaign at the end of the year

Spanish jobless claims fall in July for 6th straight month

Greek stocks take historic beating as bourse reopens

Aug 03, 2015 - 11:24 PM

Trading resumes after a 5-week shutdown forced by capital controls

Greek stocks take historic beating as bourse reopens

Greek PM calls party congress on bailout in September

Jul 30, 2015 - 11:36 PM

Tsipras is under pressure from a sizeable minority of Syriza members who say the agreement signed with international creditors goes against the government's anti-austerity promises.

Greek PM calls party congress on bailout in September

Greece prepares to reopen Athens stock market

Jul 29, 2015 - 2:31 AM

The aim was to protect the banking sector which is seen huge withdrawals over the past six months

Greece prepares to reopen Athens stock market

EU approves emergency loan to Greece

Jul 17, 2015 - 10:55 PM

The EU approves a short-term loan of 7.16 billion euros to Greece allowing it to meet a huge payment to the ECB and repay the IMF while a new bailout is still being ratified

EU approves emergency loan to Greece

ECB, Eurogroup give Greece breathing space after Athens vote

Jul 17, 2015 - 12:29 AM

Athens fails to make a key debt repayment to the International Monetary Fund, and its next debt deadline is a 4.2-billion-euro payment to the ECB on July 20

ECB, Eurogroup give Greece breathing space after Athens vote

PH peso 2nd least volatile Asian currency so far in 2015

Jul 14, 2015 - 11:44 PM

The peso has moved within acceptable range despite the Greek bailout and China’s stock market collapse

PH peso 2nd least volatile Asian currency so far in 2015

Peña snubbed, Satoru Iwata, Djokovic’s win | 6PM wRap

Jul 13, 2015 - 6:33 PM

Watch the 6PM edition of Rappler's newscast, The wRap

Peña snubbed, Satoru Iwata, Djokovic’s win | 6PM wRap

Greece faces D-Day after bailout talks halted

Jul 12, 2015 - 8:05 AM

(UPDATED) Skeptical nations demand more commitments from Athens, amid claims Berlin had drawn up an 'internal paper' for Greece to leave the eurozone for 5 years, while Finland reportedly decides not to accept any new rescue plan for debt-laden Greece

Greece faces D-Day after bailout talks halted

Greece faces 'difficult' eurozone judgment day

Jul 12, 2015 - 12:49 AM

'Can the Greek government be trusted to do what they are promising in coming weeks, months and years?'

Greece faces 'difficult' eurozone judgment day

'Major' decision on Greece on July 11

Jul 11, 2015 - 12:44 AM

A make-or-break summit bringing together leaders of all 28 EU nations, not just the 19 that use the euro, is due to be held on Sunday, July 12

'Major' decision on Greece on July 11

Greek PM vows 'credible' reforms as deadline looms

Jul 09, 2015 - 11:07 AM

As Greece says its banks will stay closed and ATM withdrawals will remain limited until Monday, July 13, in a sign of the deepening crisis gripping the country, Tsipras also promises his blueprint for a new deal will have substance

Greek PM vows 'credible' reforms as deadline looms

Greece given July 12 debt deal deadline

Jul 08, 2015 - 9:19 AM

(UPDATED) Greece's leftist government must submit detailed reform plans by Thursday, July 9, EU President Donald Tusk says after eurozone leaders held an emergency summit with Greek Prime Minister Alexis Tsipras

Greece given July 12 debt deal deadline

Europe demands new Greek debt plan at crisis summit

Jul 07, 2015 - 5:40 PM

Alexis Tsipras will face his 18 eurozone counterparts in Brussels as the country's economy gasps for air

Europe demands new Greek debt plan at crisis summit

EU's Juncker wants 'to avoid Grexit'

Jul 07, 2015 - 4:07 PM

Juncker says the EU will continue to work to re-open negotiations with Athens but tells Greek Prime Minister Alexis Tsipras it is time to get to the point

EU's Juncker wants 'to avoid Grexit'

Germany, France demand 'serious' proposals from Greece after 'No' vote

Jul 07, 2015 - 9:54 AM

'It is now up to the government of Alexis Tsipras to make serious, credible proposals so that this willingness to stay in the eurozone can translate into a lasting program'

Germany, France demand 'serious' proposals from Greece after 'No' vote

Greece resists, Philippines submits

Jul 07, 2015 - 9:00 AM

The history of these last three decades could have been different had we had a government that had more spine, like those of Nestor Kirchner in Argentina and Alexis Tsipras in Greece

Greece resists, Philippines submits

10 days in the Greek debt crisis

Jul 07, 2015 - 12:22 AM

Greek voters' defiant rejection of the terms of an international bailout in Sunday's referendum caps a dramatic week for the country in its standoff with EU-IMF creditor, who are demanding tough austerity measures in exchange for further rescue funds

10 days in the Greek debt crisis

Europe scrambles to respond to Greek 'No' on bailout

Jul 06, 2015 - 8:44 AM

European leaders react with a mix of dismay and caution after Greek voters defy their warnings and vote 'No' in a historic referendum

Europe scrambles to respond to Greek 'No' on bailout

Eurozone in tailspin after Greece votes 'No' to bailout

Jul 06, 2015 - 8:24 AM

(UPDATED) Greek voters overwhelmingly reject international creditors' tough bailout terms, but premier Alexis Tsipras insists the result does not mean a 'rupture' with Europe despite fears it will end in a 'Grexit' from the eurozone

Eurozone in tailspin after Greece votes 'No' to bailout

Polling opens in crucial Greece bailout referendum

Jul 05, 2015 - 12:32 PM

(UPDATED) Greek voters head to the polls to vote in a historic, tightly fought referendum on whether to accept worsening austerity in exchange for more bailout funds, in a gamble that could see it crash out of the euro

Polling opens in crucial Greece bailout referendum

On the edge: Split Greece braces for bailout referendum

Jul 05, 2015 - 9:37 AM

Greece hurtles toward a crunch bailout referendum which could determine its financial future and even its place in the eurozone

On the edge: Split Greece braces for bailout referendum

Defiant PM rejects Grexit fears as he rallies 'No' vote

Jul 04, 2015 - 10:29 AM

Greece's Prime Minister Alexis Tsipras tells the crowd of 25,000 cheering supporters: 'We are not simply deciding to remain in Europe – we are deciding to live with dignity in Europe'

Defiant PM rejects Grexit fears as he rallies 'No' vote

Filipinos on Greek debt crisis: 'Slow death'

Jul 01, 2015 - 11:24 PM

Greece’s creditors are demanding substantial cuts in the government’s pension spending which currently amounts to about 17.5% of the country’s GDP

Filipinos on Greek debt crisis: 'Slow death'

Greece on the brink after Europe refuses bailout

Jun 28, 2015 - 9:04 AM

(UPDATED) Greek Prime Minister Alexis Tsipras says he is confident that 'the Greek people will say an emphatic no to the ultimatum' by the country's EU-IMF creditors, but 'a big yes to European solidarity'

Greece on the brink after Europe refuses bailout

Europe ejects Greek bailout extension after referendum shock

Jun 27, 2015 - 11:51 PM

(UPDATED) The decision leaves debt-laden Athens struggling to meet a crucial 1.5 billion euro IMF debt payment on June 30, putting Greece's place in the single currency at risk

Europe ejects Greek bailout extension after referendum shock

Greece referendum kills bailout deal hopes –EU

Jun 27, 2015 - 10:26 PM

'That is a sad decision for Greece because it has closed the door for further talks where the door was still open in my mind,' says Eurogroup leader Jeroen Dijsselbloem

Greece referendum kills bailout deal hopes –EU

Greece's Tsipras in crunch debt talks with creditors

Jun 25, 2015 - 8:22 AM

The parties agree to resume the talks at 0700 GMT Thursday morning in hopes of finalizing a deal in time to present it at a meeting of eurozone finance ministers later in the day

Greece's Tsipras in crunch debt talks with creditors

Europe closes in on Greece debt deal

Jun 23, 2015 - 8:44 AM

European Commission chief Jean-Claude Juncker says he is 'convinced' they could end the 5-month stand-off with the leftist Greek government led by Prime Minister Alexis Tsipras

Europe closes in on Greece debt deal

Greece deal in doubt at crucial debt talks

Jun 22, 2015 - 9:59 PM

Greece's international creditors pour cold water on the chances of a breakthrough at an emergency summit aimed at finding a deal to save Athens from default and a possible exit from the euro

Greece deal in doubt at crucial debt talks

Greece deal urged as new proposals offered ahead of debt summit

Jun 22, 2015 - 7:42 AM

(UPDATED) The heads of the 19 eurozone countries will hold an emergency summit on the crisis in Brussels under pressure to prevent Greece from defaulting on its debt

Greece deal urged as new proposals offered ahead of debt summit

Greece submits fresh plan on eve of EU emergency summit

Jun 21, 2015 - 9:45 PM

Pressure is mounting to find a way of preventing Greece finally defaulting on its debt repayments, with an emergency summit of the 19 eurozone countries set on Monday

Greece submits fresh plan on eve of EU emergency summit

Athens working to make eurozone crisis summit a 'success'

Jun 19, 2015 - 2:54 PM

EU President Donald Tusk calls for an emergency summit of the leaders of the 19 eurozone countries on Monday after finance ministers failed to break the five-month-old deadlock between the anti-austerity government in Athens and its EU-IMF creditors

Athens working to make eurozone crisis summit a 'success'

Eurozone looks at 'worst case' Greek default scenario

Jun 13, 2015 - 8:33 AM

The 5-month standoff over the refusal by Greece to agree on reforms demanded by its creditors is set to reach a climax at a meeting of finance ministers in Luxembourg on June 18

Eurozone looks at 'worst case' Greek default scenario