Greece Financial Collapse

Mr Tsipras and his Syriza party won power last month on promises to end Greece's EU/IMF bailout programme.

The first few days of 2015 have been volatile for global stock markets. The collapse in oil prices, talks of "Grexit" or Greece exiting the euro and the surge in Russian bond yields have led to turmoil in financial markets. The BSE Sensex corrected by nearly 1,000 points in just two sessions.

Eurozone Finance Ministers will meet in Brussels on Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.

The conservative New Democracy party came first in the critical elections in Greece and pro-bailout parties won enough seats to form a joint government. As central banks stood ready to intervene in case of financial turmoil, Greece held its second national election in six weeks after an inconclusive ballot on May 6 and the subsequent collapse of co...

Greece abandoned a nine-day hunt for a government on Tuesday and called a new election that may hand victory to leftists who might cut the nation's financial lifeline, pushing it closer to bankruptcy and out of the euro zone.

Attempts to form a government in Greece collapsed, jolting financial markets at the prospect of Left victory

Mr Tsipras and his Syriza party won power last month on promises to end Greece's EU/IMF bailout programme.

The first few days of 2015 have been volatile for global stock markets. The collapse in oil prices, talks of "Grexit" or Greece exiting the euro and the surge in Russian bond yields have led to turmoil in financial markets. The BSE Sensex corrected by nearly 1,000 points in just two sessions.

Eurozone Finance Ministers will meet in Brussels on Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.

The conservative New Democracy party came first in the critical elections in Greece and pro-bailout parties won enough seats to form a joint government. As central banks stood ready to intervene in case of financial turmoil, Greece held its second national election in six weeks after an inconclusive ballot on May 6 and the subsequent collapse of co...

Greece abandoned a nine-day hunt for a government on Tuesday and called a new election that may hand victory to leftists who might cut the nation's financial lifeline, pushing it closer to bankruptcy and out of the euro zone.

Attempts to form a government in Greece collapsed, jolting financial markets at the prospect of Left victory