Greece

Greece moves to sideline Varoufakis after reform talks fiasco

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ATHENS - Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.

Greek PM leaves referendum option open, rules out elections 1:02am BST

ATHENS - Greek Prime Minister Alexis Tsipras on Tuesday said he would have to resort to a popular referendum if lenders insist on demands that the government deems unacceptable but was confident of striking a deal to avoid such a scenario.

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Greece moves to sideline Varoufakis after reform talks fiasco 12:35am BST

ATHENS - Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.

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Reuters poll - 40 percent chance Greece exits the euro zone: traders 27 Apr 2015

BENGALURU - There is a 40 percent chance Greece will leave the euro zone, according to a Reuters poll of money market traders in which just over half said the country could stay in the bloc even if it defaults on its debt payments.

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Carinthia cash crunch gives Austria its own mini - Greece 27 Apr 2015

VIENNA - A newspaper cartoon depicting the cash-strapped province of Carinthia as "Greece without the ocean" captures the public mood as Austria weighs what to do with a region facing ruin over unaffordable bank debt guarantees.

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German Chancellor, Greek PM agree to stay in touch to reach debt deal 26 Apr 2015

ATHENS - Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed in a phone conversation on Sunday to maintain contact during talks between Athens and its lenders to reach a debt deal, a Greek government official said.

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Germany hints at preparations of a Plan B on Greece 26 Apr 2015

RIGA - German Finance Minister Wolfgang Schaeuble hinted on Saturday that Berlin was preparing for a possible Greek default, drawing a parallel with the secrecy of German reunification plans in 1989.

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Greece, lenders must reach deal by early May, Deputy PM tells paper 26 Apr 2015

ATHENS - Greece and its lenders must reach a reform deal by early May to address Greece's need for cash, Deputy Prime Minister Yannis Dragasakis said in an interview with a Greek newspaper published on Saturday.

Greece, lenders must reach deal by early May, Deputy PM tells paper 25 Apr 2015

ATHENS - Greece and its lenders must reach a reform deal by early May to address Greece's need for cash, Deputy Prime Minister Yannis Dragasakis said in an interview with a Greek newspaper published on Saturday.

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Greece's governors agree to lend cash to central government 25 Apr 2015

ATHENS - Greece's governors and other local officials agreed on Saturday to lend cash to the near-bankrupt central government after Prime Minister Alexis Tsipras assured them the measure would last for only a short period of time.

In depth

Greek Prime Minister Alexis Tsipras gestures before his speech during a parliament session in Athens March 30, 2015. REUTERS/Alkis Konstantinidis

Divisions push Tsipras into tightrope act

ATHENS - Few issues sum up the confusion of leftist Greek Prime Minister Alexis Tsipras's first two months in office better than the bewildering saga of the country's biggest port, Piraeus, a bastion of militant trade unionists.  Full Article 

A European Union flag (L) flutters next to a Greek flag on the facade of the Bank of Greece headquarters in Athens April 14, 2015. REUTERS/Alkis Konstantinidis

Greece may have blown best hope of deal

BRUSSELS - Even if it survives the next three months on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support.  Full Article 

Greek Finance Minister Yanis Varoufakis and German Finance Minister Wolfgang Schaeuble (L) address a news conference following talks at the finance ministry in Berlin February 5, 2015. REUTERS/Fabrizio Bensch

Ten days that shook the euro

BRUSSELS - The 'rock star' took on the rock. And the rock won. Germany's Wolfgang Schaeuble stopped Greece's new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout programme on terms its government was elected to get out of.  Full Article