Riga
Emergency cash for Greece doubled as deal elusive ahead of talks
By Nikos Chrysoloras & Marcus Bensasson
The European Central Bank almost doubled an increase in emergency funding to Greek banks from last week, suggesting deposit flight is accelerating as bailout talks drag on.
Germany has limited expectations on Greece for Riga meeting
The German finance ministry has limited expectations regarding the Greece crisis at a meeting of eurozone finance ministers on Friday in Riga, a spokesman for the finance ministry in Berlin said on Wednesday.
Liquidity is on its last throes, as fiscal thriller escalates
The EuroWorking Group is currently meeting, giving a precursor to today’s Brussels Group meeting. According to Finance Ministry officials, the meetings held in Paris take many an hour and last several days. FinMin Yanis Varoufakis departed for Riga, today, for Friday’s Eurogroup. According to information, Mr.
Greek PM eyes Merkel support
Leaders to meet on sidelines of Brussels summit on Thursday as talks drag, cash ebbs
Prime Minister Alexis Tsipras is to meet with German Chancellor Angela Merkel Thursday in Brussels in a bid to secure a statement of political support from Berlin amid tough negotiations with creditors and dwindling finances.
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Greece's key aid-talks deadline is end of June, EU official says
By Ian Wishart
The euro area now views the end of June to be Greece's main deadline to unlock aid payments as hopes of a deal before April 30 fade, a European Union official said.
Wary of brinkmanship, eurozone steers away from new deadlines for Greece, official says
By Jan Strupczewski
Eurozone finance ministers will not set any deadline for Greece to come up with reforms to get more funding because such time limits lead to brinkmanship in negotiations, a senior eurozone official said on Tuesday.
Dijsselbloem expects deal with Greece in coming weeks [Update]
The head of the Eurogroup said on Tuesday that he expects Athens and its creditors to strike a new deal in the coming weeks and that it was in the eurozone's interests that Greece remains in the currency bloc.
Greek PM to meet German chancellor on sidelines of immigration meeting
Greek Prime Minister Alexis Tsipras will be meeting with German Chancellor Angela Merkel on Thursday on the sidelines of an emergency summit of European leaders on illegal migration, sources in Athens said on Tuesday.
Euro-area debt levels surge to record, led by Greece
By Ian Wishart
Government debt in the euro area surged to the highest levels since the introduction of the single currency, underscoring the challenges still confronting the 19-nation bloc as it wrestles with Greece over new aid payments.
US pushing for Greek solution in 'interest of entire world'
By Hans Nichols & Marcus Bensasson
The US is pushing Greece and its creditors to reach a deal that returns the country to growth, President Barack Obama?s chief economist said.