The Greek government has reached an agreement with European creditors on economic measures it must take before it can get its next batch of bailout cash.
Greece’s left-wing prime minister Alex Tsipras has pledged to usher Greece out of its financial crisis by 2019, softening the blow of creditor-mandated austerity with support for the poor.
Well that was a short tenure.
Greek prime minister Alexis Tsipras will call early elections for next month, government officials said, as he tackles a rebellion by hardliners in his governing party who oppose the terms of the country’s new bailout.
Germany’s parliament has overwhelmingly approved a third bailout package for Greece.
Fitch Ratings has upgraded Greek debt to "CCC" from "CC".
Finance ministers of the euro single currency group have approved the first €26 billion euro of a vast new bailout package to help rebuild Greece’s economy.
Greek politicians have approved their country’s draft third bailout in a parliamentary vote that relied on opposition party support and saw the government coalition suffer significant dissent.
The Greek government has defended its new bailout programme in tumultuous parliamentary sessions, as it faced a rebellion in the governing Syriza party ahead of a vote on the deal.
Greek MPs have been discussing the country’s critical third bailout with the goal of voting on it before a eurozone finance ministers’ meeting.
Greece has agreed to harsh terms for a new three-year bailout package with international creditors, Greek and European Union officials said, with a few remaining details to be ironed out.
Greece has agreed on the broad terms of a new three-year bailout package with international creditors, with only a few details left to iron out, officials said.
Greek finance minister Euclid Tsakalotos says the country is near to securing a new bailout agreement, possibly within the day.
Greece’s stock market plunged by more than 22% as it reopened after a five-week closure, giving investors their first opportunity since late June to react to the country’s latest economic crisis.
Greece invited the International Monetary Fund to participate in its negotiations with European creditors over a vital third bailout – talks that are expected to start next week.
Greek prime minister Alexis Tsipras is facing a revolt in his left-wing party and strike calls from workers as he battles to win a parliament vote on a bailout deal to prevent the country’s economy from collapse.
Greece has requested a new three-year rescue programme from its European partners just hours ahead of a deadline to come up with a detailed economic reform plan.
Ryanair boss Michael O'Leary says the Greek people have elected "a bunch of lunatics".
German leader Angela Merkel and French president Francois Hollande have called for an EU summit on Tuesday to discuss the Greek financial crisis.
Greece faced an uncharted future as its interior ministry predicted that more than 60% of voters had rejected creditors’ demands for more austerity in exchange for rescue loans.
Greeks have started voting today in the closely-watched bailout referendum which could decide their future in the eurozone.
A protest is being held in solidarity with the Greeks calling for a No vote in the referendum.
Greek voters are in turmoil on the eve of a closely-watched bailout referendum over whether to defy creditors and push for better repayment terms or essentially seek new political leadership to find a compromise.
Greeks are almost evenly split over Sunday’s bailout referendum, according to an opinion poll.
Rival campaigns in Greece’s bailout referendum are ending with rallies planned in Athens for Yes and No supporters just yards apart.
Greece is braced for more chaos on the streets outside its mostly shuttered banks after Athens and its creditors halted talks on resolving the country’s deepening financial crisis until a referendum this weekend.
Greek Prime Minister Alexis Tsipras has vowed to press ahead with his country’s bailout referendum on Sunday.
A breakthrough may be on the cards in the crisis over Greece's future in the Eurozone.
Greece has slipped further into the financial abyss after the bailout programme it relied on for five years expired.
Greece’s international bailout has expired, and with it any access the country could have to existing financing from its eurozone partners and the International Monetary Fund.
Greece has slipped deeper into its financial abyss, with the bailout programme it has relied on for five years set to expire and the country due to become the first developed nation to miss a payment to the International Monetary Fund (IMF).
Update at 8pm
Eurozone finance ministers have rejected a request from Greece to extend the country's bailout, following an emergency conference call this evening.
The Greek public go to the polls for a crucial referendum on Sunday having been warned that rejecting the proposal from the country's creditors could lead to it crashing out of the euro.
Greek Finance Minister Yanis Varoufakis has confirmed his country will not make its payment due later to the International Monetary Fund (IMF).
Defiant Greek prime minister Alexis Tsipras has urged his people to reject terms set by his country’s creditors, insisting a No vote in Sunday’s referendum would strengthen his negotiating hand.
Mounting concerns about Greece have hit the markets after talks between the country and its creditors broke down.
The European Commission chief, Jean-Claude Juncker, has said he feels "betrayed" by the "egotism" showed by Greece in the failed debt talks.
The euro has tumbled this morning against other currencies because of the Greek debt crisis.
Greece’s five-year financial crisis has taken its most dramatic turn yet, with the cabinet deciding banks would remain shut for six business days with restrictions imposed on cash withdrawals.
Greek banks will remain shut for an unspecified time and the country is imposing restrictions on bank withdrawals following a recommendation by the Bank of Greece, the country’s prime minister has said.
The European Central Bank has refused to increase emergency credit to Greek banks, maintaining its current level of funding instead.
The Finance Minister said he cannot speculate what the result of Greece's decision to hold a referendum on any bailout will mean for the Eurozone.
The Greek parliament is to debate whether or not to approve the government's planned referendum on the creditors' latest proposal for a bailout.
Greece’s radical left-wing government announced a referendum on the latest proposed bailout deal – and urged voters to reject it.
Greek prime minister Alexis Tsipras has announced he will hold a referendum on whether to accept a bailout deal with the country’s creditors.
It is reported Greece has been offered a six-month bailout extension in return for agreeing to more austerity measures.
European leaders want a debt financing agreement with Greece agreed over the weekend, just days before Athens has to meet a crucial repayment deadline that carries the risk of bankruptcy and euro-exit.
French president Francois Hollande has urged Greece and its international creditors to speed up talks on new loans for the country, as a default would affect the entire continent.
Crisis talks between Greece and its creditors have resumed in Brussels, in a last-minute effort to prevent a default.
Crucial talks between Greece and its international creditors have ended without result, casting fresh doubt over the country’s future in the euro.
Expectations were low among eurozone finance ministers gathering in Brussels that a deal to get more bailout loans for Greece could be reached at a meeting tonight.
Greek PM Alexis Tsipras has flown to Brussels in hopes of clinching a bailout deal that might keep his country from defaulting on its debt and falling out of the euro currency bloc.
Greece’s government has defended the billions worth of “harsh” new budget savings it has offered in talks with creditors, as some of the governing party’s own lawmakers spoke out against them.
Greece's economic reforms plan includes "harsh" measures the government would not have proposed had it had a choice, a spokesman has said.
US stocks advanced yesterday as investors grew more optimistic that there would be a breakthrough in talks between Greece and its lenders.
Greece has finally offered economic reforms that creditors consider closer to being acceptable, giving Prime Minister Alexis Tsipras a few days to clinch a deal that might stop the country leaving the euro.
Leaders of the 19-nation eurozone are gathering in Brussels for a last-ditch summit aimed at clinching a deal between Greece and international lenders as a major debt payment deadline looms.
The head of the European Council has accused leaders of playing a "game of chicken" over Greece - and says it needs to end now.
Russia is willing to consider giving financial aid to Greece, a Russian government official said, ahead of talks between the leaders of the two countries.
Bailout talks with Greece have yielded very little and no agreement is in sight yet, the eurozone’s top official has said.