Page 3 - Greece Crisis

Greek banks reopen as Tsipras eyes return to normal

Greek banks are ready to open their branches across the country on Monday after a three-week shutdown, officials said, while German Chancellor Angela Merkel called for swift aid talks so Athens could also lift withdrawal limits.

More than half of Germans think planned Greek deal is bad: poll

In the YouGov survey seen by German newspaper Welt am Sonntag, 56% of respondents said the plan for such a deal with Greece was bad

T C A Ranganathan: Greek crisis raises rating issues

On face of it sovereign risk indicators look scientific, with countries rated on basis of scores in about 35 parameters. But there are no fixed processes for combining scores to arrive at a rating

Germany, not Greece, should exit the euro

A German return to the deutsche mark would cause the value of the euro to fall immediately, giving countries in Europe's periphery a much-needed boost in competitiveness

New Greek ministers sworn in post reshuffle

Reshuffle followed party revolt over bailout; Tsipras aims to complete bailout talks in next weeks; Autumn elections expected

All banks in Greece to reopen on Monday

All banks in Greece will reopen on Monday after a three-week holiday, but capital controls will continue, an official said on Saturday.

German lawmakers back Greek bailout talks despite rebellion

BERLIN (Reuters) - German lawmakers gave their go ahead on Friday for the euro zone to negotiate a third bailout for Greece, heeding a warning from Chancellor Angela Merkel that the alternative to a deal with Athens was chaos.

EU cheque in mail to Greece as Tsipras heads toward third bailout

Germany backs bailout; Euro 7.2-billion bridge loan to arrive by Monday

Back Greek talks or face chaos, Merkel tells German lawmakers

Chancellor Angela Merkel called on German lawmakers on Friday to back negotiations for a third Greek bailout or face chaos, saying suggestions Athens might temporarily leave the euro wouldn't work.

Germany to vote on Greek bailout in crucial test for deal

Germany's parliament prepared to vote on a fresh Greek bailout today, a crucial test of support for the deal after ECB boosted emergency aid to the crisis-hit country and eurozone nations agreed to crucial short-term funding.

Merkel urges conservative MPs to back Greek debt deal

German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble have urged conservative lawmakers to back a third debt deal for Greece, on the eve of a key Bundestag vote on the new rescue package.

Faith-based currency

Greek exit talk leaves euro investors unperturbed

Greece licks wounds after bailout vote, ECB move expected

Greece awoke with a political hangover on Thursday after parliament approved a stringent bailout programme, thanks to the votes of the pro-European opposition, amid the worst protest violence this year.

Violence as Greece debates reforms needed for bailout

Anti-austerity protesters hurled petrol bombs at police guarding the Greek parliament today as MPs debated deeply unpopular reforms they need to vote in to clear the way for a eurozone rescue of Greece's failing economy. Riot police used tear gas to push back dozens of hooded protesters and secure the area in front of the parliament building after the demonstrators' Molotov cocktails set ablaze parts of Syntagma square in central Athens. The street violence reflected broad public anger at measures now backed by Prime Minister Alexis Tsipras despite a July 5 referendum rejecting near-identical terms from Greece's creditors. Tsipras is facing a revolt over the reforms from his radical left ruling Syriza party, which came to power in January on anti-austerity promises. But the bills nevertheless looked likely to pass though parliament with the support of pro-European opposition parties. Syriza's hardline leftists, led by Energy Minister Panagiotis Lafazanis, were ...

Greek parliament approves bailout measures as Syriza fragments

The Greek parliament passed sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro, but dozens of hardliners in the ruling Syriza party deserted Prime Minister Alexis Tsipras.

Shock and thaw

Germany's Greek bullying can be a one-off

Greek parliament to vote on controversial bailout

Greece today geared up for a parliamentary vote on draconian reforms demanded by eurozone creditors in exchange for a huge new bailout, in what could be Prime Minister Alexis Tsipras's toughest political test yet.

IMF calls for Greece debt relief ahead of bailout vote

An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.

Neil Irwin: The Greek deal & the dangers for Europe

All signs suggest the Greek government, for all its misgivings, genuinely does want to keep the nation in the eurozone. Some reports indicate it hasn't done much contingency planning for how a euro exit would work

Greek PM faces "Gordian Knot" to pass reforms for deal

Greek Prime Minister Alexis Tsipras had less than 48 hours on Tuesday to pass a series of pro-market reforms in parliament and smother dissent from hardliners within his own ranks as he races to meet the terms of an unpopular bailout deal.