Athens seeks debt relief

After Syriza’s election victory on the back of promises to end bailout-driven austerity measures, new finance minister Yanis Varoufakis is facing resistance within the eurozone to Athens’ plans to tackle the country’s massive debt burden

Greek debt deadlock hits shares and bonds

IMF Go Home" on corrugated metal fencing outside the University of Athens in Athens, Greece

July 2017 bond yield rises above 29%

Comment and analysis

epa04584646 Alexis Tsipras, opposition leader and head of radical leftist Syriza party, greets supporters after the initial election results for the Greece general elections in Athens, Greece, 25 January 2015. Greeks revolted against five years of unrelenting austerity Sunday in a landmark vote that saw the leftist anti-bailout party SYRIZA place first in parliamentary elections. The opposition party was projected to earn around 35 per cent of the vote, falling short of an absolute majority in the 300-seat Parliament by one or two seats, the Interior Ministry said. Thousands of SYRIZA supporters flocked to the Athens University building, chanting and waving the party's red and white flags as party leader Alexis Tsipras addressed the crowd. 'The vote of the Greek people has closed the vicious circle of austerity,' he said, declaring Greece's 240-million-euro (270-million-dollar) bailout now 'a matter of the past.' EPA/ORESTIS PANAGIOUTOU ©EPA
Reduced liquidity and crowded trades mean danger remains
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Is the reward on offer high enough to cover the risk of not being paid back
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Greek cash order triggers backlash

Mayors react with anger at demands to shore up public finances

Greek short-term bond yields hit high

Debt due in 2017 at new peak for 7th straight session

Billboard - Welcome to Ireland
©Tashatuvango/Dreamstime

Greece’s gloomy future is Ireland’s past

The Celtic Tiger has become a model to be followed by other bailout countries, writes Peter Cunningham

Greece told to bring reforms to ‘fruition’

Lagarde warns Syriza honeymoon period with creditors is closing

Draghi: Eurozone has tools to deal with Greece

IMF meeting overshadowed by renewed fears about the risk of debt default

Moscovici warns Greece to agree reforms

EU’s top economic official says there is no Plan B

Pressure mounts on Greek debt

July 2017 debt at highest yield since restructuring

BRCJK0 Otto I (1815-1867). King of Greece (1832-62), second son of Ludwig I of Bavaria. Engraving.
©Alamy

The future of Greece is ancient history

John Dizard consulted the archives to find out what is going to happen next in the country

Lagarde dashes Greek loan respite hopes

Varoufakis says Athens will not ‘extend and pretend’ on its debts

Berlin toughens its stance towards Greece

Trust hard to find as German political opinion hardens

IMF knocks Greek debt rescheduling hopes

Country’s officials make informal approach to delay repayments

Schäuble dashes Greek bailout deal hopes

German finance minister says ‘nobody expects solution’

Greek short-term bond yields rise sharply

Intensified selling as Athens readies default contingency plans

Greece prepares debt default options

Athens to withhold €2.5bn due to IMF if no deal is reached

Greeks repay IMF €450m as cash runs out

Bond yields slide amid investor relief over payment

Southern states sure of surviving Grexit

Italy, Portugal and Spain say low bond yields show there is no threat

Greece sells short-term bills and raises €1bn

Further debt hurdles ahead as IMF payments fall due

Athens ekes out cash to end of the month

Sovereign default looms without eurozone deal by April 24

Spectre of Grexit back as cash runs out

Going will be hard for Athens, no matter which way it turns

Greece falling short of final debt deal

Syriza administration is running out of cheap money and good ideas

Athens’ soft fruit ploy set to antagonise EU

European diplomats concerned over Greek PM’s visit to Moscow

Eurozone anger with Athens intensifies

Finance ministers want Greek premier to jettison Syriza far left

Varoufakis to discuss Greek reforms with IMF chief

Athens denies it is prioritising wages and pensions over cuts

Greece sends new reform list to eurozone

26-page list is most comprehensive effort to unlock bailout cash

A mishap should not seal Greece’s fate

An accidental eurozone exit is quite likely

German MP quits in Greek bailout revolt

Resignation underlines unease over rescues in chancellor’s conservative bloc

Greece battles to unlock bailout cash

Labour and pension reforms missing from Athens’ proposals

Greek exit fears climb eurozone agenda

Quantitative easing ‘artificially’ masks pain, says economist

Greece to pay pensions . . . for this month

No assurances about €450m payment to IMF due on April 9

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