BRUSSELS Greece's international lenders failed to reach a deal on Monday on additional debt relief measures for Athens after an 8-hour meeting in Brussels, the head of the eurogroup of eurozone finance ministers said.
BRUSSELS Euro zone finance ministers may agree on Monday to release new loans to Greece but are likely to struggle to convince the International Monetary Fund to join the bailout by keeping the prospect of debt relief for Athens highly conditional. | Video
LONDON Euro zone countries, and specifically a group of northern countries led by Germany, will try today to untangle their own position on Greece.
ATHENS Greek lawmakers approved pension cuts and tax hikes on Thursday sought by the country's lenders to unlock vital financial aid, as angry demonstrators protested outside parliament over new austerity, the latest since the country plunged into crisis seven years ago. | Video
Greek lawmakers approved an omnibus bill late on Thursday, required by the country's official lenders to conclude a crucial bailout review and release more aid to the debt-ridden country.
ATHENS Greece will conclude the spin-off of power grid operator ADMIE by mid-June, meeting a key term of its third international bailout, ADMIE's chief executive said on Thursday.
FRANKFURT Greece is making progress with reforms but it must clear several more hurdles before the European Central Bank will consider including its debt in its 2.3 trillion euro bond purchase programme, ECB Executive Board member Benoit Coeure said.
ATHENS Thousands of Greeks walked off their jobs on Wednesday and marched through central Athens in an angry protest against continued austerity measures being demanded by international lenders in exchange for disbursing bailout funds. | Video
ATHENS Seven years into Greece's deepening economic crisis, those living on the breadline have been hit hard.
BRUSSELS Euro zone lenders and the International Monetary Fund remain far apart on how to provide debt relief for Greece, but officials hope euro zone finance ministers will still be able to hammer out an agreement at their May 22 meeting.