Eurozone Leaders

EU leaders on Thursday gave eurozone finance ministers a fortnight to come up with a stronger response to the economic havoc wrought by the coronavirus pandemic.

Greece's maverick leader Alexis Tsipras was on Sunday fighting for a second chance to govern the struggling eurozone nation in a tense election with rival conservatives that is proving too close to call.

The International Monetary Fund (IMF) on Saturday called on Eurozone leaders to offer debt relief to Greece, following the approval of a new third bailout deal.

Gold slipped on Monday as the dollar rose against the euro after Eurozone leaders agreed a roadmap to a bailout for Greece, while signals that the Federal Reserve was still on track to raise rates this year also weighed on prices.

Eurozone leaders set conditions on Monday for Greece to negotiate a third bailout to keep the near-bankrupt country in the Eurozone.

Eurozone leaders agreed on a roadmap to a possible third bailout for near-bankrupt Greece on Monday, but Athens must enact key reforms this week before they will start talks on a financial rescue to keep it in the European currency area.

Indian shares rose more than 1 per cent on Monday, heading for their biggest single-day gain in three weeks, as blue chips gained on rising risk appetite across global equities after Eurozone leaders said there would be no "Grexit".

The BSE Sensex and the 50-share Nifty jumped over 1 per cent on Monday after eurozone leaders announced a third bailout loan for Greece. Indian indices closely mirrored European indices such as London's FTSE100 and French CAC40, which soared between 1 and 1.5 per cent, reacting to the Greece agreement.

European shares surged in early trading on Monday after European Council President Donald Tusk said euro zone leaders reached a unanimous agreement following all-night talks in Brussels to move forward with a bailout loan for Greece.

Eurozone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the Eurozone after a whole night of haggling at an emergency summit.

Eurozone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area.

Eurozone leaders will fight to the finish to keep near-bankrupt Greece in the Eurozone on Sunday after the European Union's chairman cancelled a planned summit of all 28 EU leaders that would have been needed in case of a "Grexit".

Greek Prime Minister Alexis Tsipras said today he was confident of meeting an end-of-the-week deadline set by eurozone leaders to reach a bailout deal or risk leaving the euro.

Greek Prime Minister Alexis Tsipras said on Wednesday that he was "confident" of meeting an end-of-the-week deadline set by Eurozone leaders to reach a bailout deal or risk leaving the euro.

The euro held steady Tuesday as investors await the next move by European leaders after Greece at the weekend voted against accepting more austerity measures, pushing closer to a eurozone exit.

EU leaders on Thursday gave eurozone finance ministers a fortnight to come up with a stronger response to the economic havoc wrought by the coronavirus pandemic.

Greece's maverick leader Alexis Tsipras was on Sunday fighting for a second chance to govern the struggling eurozone nation in a tense election with rival conservatives that is proving too close to call.

The International Monetary Fund (IMF) on Saturday called on Eurozone leaders to offer debt relief to Greece, following the approval of a new third bailout deal.

Gold slipped on Monday as the dollar rose against the euro after Eurozone leaders agreed a roadmap to a bailout for Greece, while signals that the Federal Reserve was still on track to raise rates this year also weighed on prices.

Eurozone leaders set conditions on Monday for Greece to negotiate a third bailout to keep the near-bankrupt country in the Eurozone.

Eurozone leaders agreed on a roadmap to a possible third bailout for near-bankrupt Greece on Monday, but Athens must enact key reforms this week before they will start talks on a financial rescue to keep it in the European currency area.

Indian shares rose more than 1 per cent on Monday, heading for their biggest single-day gain in three weeks, as blue chips gained on rising risk appetite across global equities after Eurozone leaders said there would be no "Grexit".

The BSE Sensex and the 50-share Nifty jumped over 1 per cent on Monday after eurozone leaders announced a third bailout loan for Greece. Indian indices closely mirrored European indices such as London's FTSE100 and French CAC40, which soared between 1 and 1.5 per cent, reacting to the Greece agreement.

European shares surged in early trading on Monday after European Council President Donald Tusk said euro zone leaders reached a unanimous agreement following all-night talks in Brussels to move forward with a bailout loan for Greece.

Eurozone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the Eurozone after a whole night of haggling at an emergency summit.

Eurozone leaders told near-bankrupt Greece at an emergency summit on Sunday that it must restore trust by enacting key reforms before they will open talks on a new financial rescue to keep it in the European currency area.

Eurozone leaders will fight to the finish to keep near-bankrupt Greece in the Eurozone on Sunday after the European Union's chairman cancelled a planned summit of all 28 EU leaders that would have been needed in case of a "Grexit".

Greek Prime Minister Alexis Tsipras said today he was confident of meeting an end-of-the-week deadline set by eurozone leaders to reach a bailout deal or risk leaving the euro.

Greek Prime Minister Alexis Tsipras said on Wednesday that he was "confident" of meeting an end-of-the-week deadline set by Eurozone leaders to reach a bailout deal or risk leaving the euro.

The euro held steady Tuesday as investors await the next move by European leaders after Greece at the weekend voted against accepting more austerity measures, pushing closer to a eurozone exit.