Greek election confusion raises fresh fears over ability to pay debts

Confusion over the timing of fresh elections in Greece has threatened to jeopardise the prospects for a smooth transition to a new government and the ability of the debt-stricken country to meet the conditions of its €86bn bailout.

Greece needs further debt relief after third bailout deal in five years, says IMF chief

Greece needs more significant debt relief from its creditors, the head of the International Monetary Fund said, after the bankrupt country accepted tough conditions to secure its third bailout deal in five years.

German Economy Expands Less Than Forecast as Global Risks Loom

Germany’s economy expanded less than forecast last quarter as turmoil in Greece and a slowdown in China sapped global demand.

Finland Throws Support Behind Greek Bailout It Says Won’t Work

A third Greek bailout won’t work and will only prolong the difficulties plaguing the euro area, according to Finnish Foreign Minister Timo Soini.

Greek banks reopen as Tsipras eyes return to normal

Greeks queued outside banks on Monday as they reopened three weeks after closing to stop the system collapsing, the first cautious sign of a return to normal after a deal to start talks on a new package of bailout reforms.

Merkel 'gambling away' Germany's reputation over Greece, says Habermas

Jürgen Habermas, one of the intellectual figureheads of European integration, has launched a withering attack on the German chancellor, Angela Merkel, accusing her of “gambling away” the efforts of previous generations to rebuild the country’s postwar reputation with her hardline stance on Greece.

Europe Weighs Greek Proposal as Tsipras Seeks Lawmaker Support

France praised a Greek package of reforms while other nations voiced skepticism, as lawmakers in Athens prepared to debate whether to support Prime Minister Alexis Tsipras’s plan to access a bailout of at least 53.5 billion euros ($60 billion).

Greece's lenders: who has most to lose?

As eurozone leaders meet in another effort to broker a deal between Greece and its creditors, those who have lent to the near-bankrupt country are asking if they will ever get their money back.

Tsipras Is Learning From Merkel Who’s the Boss

Alexis Tsipras is flouting the cardinal rule of political survival in Europe: don’t displease Angela Merkel. The German chancellor’s disapproval helped end the political careers of former Italian prime minister Silvio Berlusconi and Greek leader George Papandreou.

Greece debt crisis: Global stock markets slide

Stock markets in Europe and the US have fallen after Greece closed its banks and restricted cash withdrawals.

Greek leader seeks party backing as EU warns on cash deal hopes

Greek Prime Minister Alexis Tsipras called on his fractious Syriza party to rally behind the government on Tuesday as time runs critically short to unlock funding from international lenders and avert a debt default.

Greece may need to default on debts as IMF deadline looms, warns Goldman

Greece may have to default on its debts and impose curbs on bank withdrawals before reaching a deal with its creditors, according to Goldman Sachs, as a crucial payment deadline approaches.

Greece's Varoufakis admits to taping Eurogroup meeting

ATHENS (Reuters) - Greek Finance Minister Yanis Varoufakis on Sunday admitted he had recorded a euro zone finance ministers meeting and criticized media for reporting "lies and innuendos" on what transpired at that April 24 Eurogroup gathering.

Greece: Risk Of Capital Controls ‘Substantial’

While Greece has enough money to get through the end of the month, the risk of capital controls remains “substantial,” says Teneo Intelligence.

Greece pays public sector wages to avert fresh economic crisis

Greece avoided another financial crisis by paying about €500m (£360m) in wages to public sector workers, but suffered another downgrade of its credit rating.

EU Said to Welcome Greek Progress While Seeking More Work

Euro-area finance ministers welcomed the progress Greece has made on meeting the terms of its bailout program while demanding more work before funds can be released, according to two officials.

Greeks’ view of the debt crisis: ‘What lies ahead is great, great hardship’

Another week. Another crisis. Another make-or-break meeting that may, or may not, throw Greece into the unchartered waters of default, eurozone exit, destitution and despair.

Greece at substantial risk of default, say experts

Greece is at substantial risk of a default, one of the world’s three leading ratings agencies said on Wednesday, as it downgraded the debt of the struggling eurozone country.

Eurozone: Six days for Greece to offer new reforms

The eurozone has said only six working days are left for Greece to come up with a revised list of reforms to seal a deal on its next rescue bailout.

Moody's says uncertain Greece could fund itself after bailout

Nov 15 (Reuters) - Moody's said there was doubt that Greece would be in a position to finance itself without any assistance after its international bailout ends later this year, a senior executive at the rating agency told a Greek newspaper.