Euro Debt Crisis

• 

  Greece In Talks With Israel To Build 2 Billion Euro Defence 'Iron Dome'

  Greece is in talks with Israel to develop a 2 billion euro ($2.11 billion) anti-aircraft and missile defence dome, part of a wider push to modernise its armed forces as it recovers from a protracted debt crisis, Greek officials said on Thursday.

• 

  Court Approves MV Agusta Debt Restructuring Plans

  An Italian court has allowed motorcycle brand MV Agusta 's new business plant to restructure its debt with creditors and suppliers. The court order in Varese, Italy, may well result in MV Agusta closing its investment deal with the Black Ocean Group, an Anglo-Russian private equity firm. Latest reports speculate that Black Ocean could take over the...

• 

  Euro Zone Agrees 'Breakthrough' Debt Deal With Greece

  The move came after the Greek parliament approved another round of spending cuts and tax increases demanded by international creditors.

• 

  IMF's Lagarde Says Restructuring Should Suffice for Greek Debt

  Greece's euro zone creditors, notably Germany, have ruled out a writedown but are willing to consider other forms of restructuring such as a lengthening maturities.

• 

  Greece and Lenders Agree Bailout, Shares Rally

  The deal, which came after 23 hours of talks that continued through the night, must still be adopted by Greece's parliament and by euro zone countries.

• 

  Germany Gained 100 Billion Euros From Greece Crisis: Study

  Germany, which has taken a tough line on Greece, has profited from the country's crisis to the tune of 100 billion euros (109 billion US dollars), according to a new study today.

• 

  Greece, Lenders in Final Push to Seal New Bailout: Report

  Greece and international creditors sought to put final touches to a multi-billion euro bailout accord on Monday to keep the country financially afloat and meet an important debt repayment to the European Central Bank within days.

• 

  Secret IMF Report: Greece Needs Debt Relief Far Beyond EU Plans

  The updated debt sustainability analysis (DSA) was sent to euro zone governments late on Monday, hours after Athens and its 18 partners agreed in principle to open negotiations on a third bailout programme of up to 86 billion euros in return for tougher austerity measures and structural reforms.

• 

  Asian Shares Edge Up as Greek Deal Gets Cautious Nod

  Asian shares and the euro were tentatively higher on Tuesday on hopes that Greece's conditional bailout agreement would bring to an end that country's debt crisis, though caution kept broad gains in check.

• 

  Greece Argues into the Night with Eurozone on Bailout Terms

  If Greece meets the conditions, the German parliament would meet on Thursday to mandate Merkel and Finance Minister Wolfgang Schaeuble to open the talks on a new loan.

• 

  Euro Zone Leaders: Greece Must do More to Earn Rescue

  A senior EU source said such a temporary exit from the euro was illegal and would not survive in the summit statement.

• 

  Eurozone Ministers to Give Verdict on Greece's Debt Plan

  An EU source in Brussels said on Friday that the latest debt proposals from Athens -- which closely resemble the last offer from its creditors before talks stalled -- were "positive" enough to form the basis of a massive new bailout worth 74 billion euros ($82 billion).

• 

  Greece Sends Reform Plan to EU Promising New Tax Hikes

  In the latest proposals, Greece has asked for 53.5 billion euros ($59 billion) to help cover its debts until 2018, a review of primary surplus targets and "reprofiling" the country's long-term debt.

• 

  Greece Raises 1.6 Billion Euros in 6-Month Treasury Bonds

  Such sales occur every month in Greece as part of a rollover of treasury bonds.

• 

  Euro Drops as Europe Slaps Greece with Debt Ultimatum

  The euro fell Wednesday after Europe slapped Greece with a deadline to submit fresh bailout reform proposals or face a eurozone exit, while a Chinese stock market rout also spooked traders, sending them into the yen.