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  Greece extends closure of banks

  World | July 09, 2015 10:10 IST

  Athens: The Greek government has extended bank closures and a 60 euro($66) daily limit on ATM withdrawals until Monday, media reported on Thursday."The bank holiday is extended to July 13," the finance ministry said in

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  IMF to not bend rules over Greece debt issue

  July 09, 2015 9:14 IST

  Washington: The International Monetary Fund (IMF) Managing Director Christine Lagarde said that the fund will not bend rules on debts owed by Greece but would remain fully engaged in order to help find solution. "Whenever the

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  Greece gets until Sunday for proposals to stave off collapse

  World | July 08, 2015 10:10 IST

  Brussels: Frustrated and angered eurozone leaders gave Greek Prime Minister Alexis Tsipras a last-minute chance Tuesday to finally come up with a viable proposal on how to save his country from financial ruin.Overcoming their surprise

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  Greek 'no' vote widens gap with partners: European Commission

  World | July 07, 2015 9:02 IST

  Brussels: Vice president of the Euro and Social Dialogue of the European Commission (EC) Valdis Dombrovskis stressed on Monday that Greece's "no" vote in Sunday's bailout referendum widened the gap between the country and its

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  Ready to help Greece if asked to do so: IMF

  World | July 07, 2015 7:23 IST

  Washington: The International Monetary Fund (IMF) on Monday said it stands ready to assist Greece if required to do so.IMF managing director Christine Lagarde made the statement following Greece's referendum that rejected a proposal from

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  Oil prices plunge amid Greek worries

  July 07, 2015 7:16 IST

  New York: Oil prices plummeted after Greece rejected debt bailout terms.In a Sunday referendum, more than 61 percent of Greeks voted " NO", rejecting a proposal from international creditors that included pension cuts, tax increases

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  Opposition blames MP CM Shivraj Chouhan for Vyapam deaths: Top 5 News Headlines

  India | July 06, 2015 22:13 IST

  Vyapam Scam: Opposition ups demand for Chouhan's ouster, BJP backs MP CMNew Delhi/Kolkata/Bhopal: Amid mounting outrage over the Vyapam deaths, Opposition today sharpened its attack on Madhya Pradesh Chief Minister Shivraj Singh Chouhan, demanding his

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  Greek Prime Minister Alexis Tsipras thanks finance minister who quit

  World | July 06, 2015 21:57 IST

  Athens: Greek Prime Minister Alexis Tsipras thanked Finance Minister Yanis Varoufakis on Monday for his "ceaseless efforts" to defend the interests of Greece in negotiations with creditors, according to government spokesman Gabriel Sakellaridis.Varoufakis announced his

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  Govt says India insulated from Greece fallout; rupee may get hit

  July 06, 2015 14:56 IST

  New Delhi: With Greeks' rejection of rescue package from creditors spooking markets, the government today asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight of

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  Greek finance minister Yanis Varoufakis resigns

  World | July 06, 2015 13:02 IST

  Athens : Greek Finance Minister Yanis Varoufakis on Monday announced his resignation in a statement issued after his compatriots voted “No” in a referendum on bailout conditions, media reported.It comes hours after Greece overwhelmingly rejected

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  European Union urges Greek govt to make 'meaningful, possible' proposals for renegotiation

  World | July 06, 2015 10:22 IST

  Brussels: The European Union urged the Greek government to make "meaningful" and "possible" proposals in coming hours for renegotiation, following early results which have shown that Greece overwhelmingly rejected the bloc's bailout offer."The NO side

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  Greece enters uncharted territory after referendum 'no' vote

  World | July 06, 2015 18:57 IST

  Athens: Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt

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  Referendum on terms of creditor agreement begins in Greece

  India | July 05, 2015 11:19 IST

  Athens: Greek voters on Sunday started casting ballots in a landmark referendum on terms of agreement with creditors on the next deal with the country's lenders.The voting would determine whether Greece would avert a looming

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  Greece set to vote in bailout referendum today

  World | July 05, 2015 8:51 IST

  Athens: Greece is set to vote in a referendum on Sunday to decide whether to accept the debt draft deal with international creditors to restart financial aid to the country, or to reject the lenders'

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  Greece in billions of financing gap over next 3 years: IMF

  July 03, 2015 6:31 IST

  Washington: Financing needs for Greece could add up to over $55.42 billion (50 billion euros) over the period from October 2015 to end 2018 in order to keep the country afloat, the International Monetary Fund

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  No further talks before Greece referendum: Slovak minister

  World | July 02, 2015 8:08 IST

  Brussels: The Eurogroup has decided not to hold further talks before the outcome of Greece referendum on Sunday, Slovak Finance Minister Peter Kazimir tweeted on Wednesday."Eurogroup united in decision to wait for the outcome of

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  Greece becomes first developed country to default on IMF

  July 01, 2015 14:17 IST

  Washington: Greece slipped deeper into its financial abyss after the bailout programme it has relied on for five years expired at midnight on Tuesday and the country failed to repay a loan to the International

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  Greece to miss IMF debt payment and bailout to expire

  World | June 30, 2015 20:28 IST

  Athens, Greece: Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time, as the country sinks deeper into a financial emergency that has forced

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  Greece crisis: EU offers last minute deal to Greece as loan repayment deadline ends today

  June 30, 2015 17:29 IST

  Athens: European Union has offered Greece a last-minute deal to ease the debt crisis that is threatening the country out of the euro and weaken the foundations of the European Union's single currency.According to a

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  Greece anxious pensioners swarmed closed bank branches

  June 30, 2015 8:12 IST

  Athens: Anxious pensioners swarmed closed bank branches today and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that