Latest News from Greece

Lenders decide Greek talks must intensify at Berlin meeting

By Nikos Chrysoloras, Alessandro Speciale & Rebecca Christie

European leaders and the head of the International Monetary Fund agreed to step up the intensity of talks over Greece?s fate after an extraordinary meeting in Berlin about ways to avert a default.

Draghi and Lagarde in Berlin for talks on Greece

By Tom Körkemeier & Jan Strupczewski

The chiefs of the European Central Bank and the International Monetary Funded headed to Berlin for talks late on Monday with the leaders of France and Germany on how to proceed with Greek debt negotiations.

Greece's creditors said to meet in Berlin to discuss plans

By Nikos Chrysoloras & Alessandro Speciale

Top level talks were said to be taking place in Berlin on Monday evening to hammer out a proposal that would be presented to Greece as its only realistic chance of avoiding default and safeguarding its membership of the euro.

JPMorgan loses conviction in Greek bonds as endgame approaches

By Max Julius

The risk of Greece missing a debt payment is driving away even some of the most faithful advocates of its debt.

JPMorgan Chase & Co. was for most of this year a champion of Greece?s long-dated government bonds, even as a flare-up in the country?s debt crisis once again raised the prospect of default and euro exit.

Greek talks focus on deal within days as IMF payments loom

By Nikos Chrysoloras

Talks on breaking the impasse over Greece?s financial lifeline took on new urgency as the nation faces a debt repayment at the end of this week with a deal to ease its cash crisis seemingly as far away as ever.

Voting abroad over, turnout 36 percent

The voting for Turkey's June 7 general elections has ended in 54 countries with more than 1 million people voting abroad, mainly in European countries. 

Holy Spirit Public Holiday: Varoufakis is surprised the press is on duty (video)

The feast of the Holy Spirit is a workers holiday for the most creative members of society. Teachers, journalists, bankers and intellectuals typically have the day off. Aware of this, Varoufakis pointed this out to journalists when they approached him to ask questions about the withdrawal of Eleni Panaritis as Greece’s IMF representative.

France, Germany raise concerns over EU migrant redistribution plan

France and Germany raised concerns on June 1 over a European Commission plan to redistribute migrants reaching Italy and Greece, saying it must take better account of efforts they have already taken to help asylum-seekers. 

German Commissioner is optimistic regarding soln for Greece

Germany’s EU Commissioner Guenter Oettinger said on Sunday morning that a deal with Greece could be achieved this week. “We will need progress at the working group level, in order that we can agree on a reform agenda, perhaps even by the end of the week which would trigger the payment of the last tranche of aid from the current aid program,” he said, speaking with German newspaper Die Welt.

Germany's Gabriel says hopes for Greece deal soon

Germany's Vice Chancellor Sigmar Gabriel said on Monday he hoped there would be a quick conclusion to talks between Greece and its creditors over Greek reform efforts.

Panaritis turns down job as Greek representative at IMF after SYRIZA complaints

Economist Elena Panaritis has revealed that she will not accept an offer to become Greece's next representative at the International Monetary Fund.

Panaritis issued a brief statement on Monday saying that she would not be taking up the post due to objections from SYRIZA MPs and members.

Weapons found at house used by bank robbers fail to provide clues

The weapons recovered during a police raid to arrest three bank robbers near Volos, central Greece, have not been used in criminal or terrorist activities, authorities said on Monday.

Spyros Christodoulou and Giorgios Tsironis were arrested during the raid but Spyros Dravilas was found dead. Police suspect he killed himself to avoid being caught.

Greece's Tsipras attacks creditors over 'absurd' reforms

Greece's Prime Minister Alexis Tsipras on May 31 attacked its creditors for insisting on what he described as absurd reforms which have only held up progress in negotiations for a deal aimed at preventing his country from defaulting.

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