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George Papandreou

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Greece PM agrees to step down over financial crisis

Greece's political leaders have agreed to form a national unity government after the nation's embattled Prime Minister George Papendreou agreed to step down half way through his four-year-term......

What looms for Greece after referendum

Euro zone policymakers have openly spoken out in favour of a 'yes' vote Greek Prime Minister Alexis Tsipras's plan to hold a referendum on Sunday on creditors' demands for austerity has prompted a......

Fresh Euro turmoil: Mekel, Sarkozy call emergency meet

German Chancellor Angela Merkel and French President Nicholas Sarkozy will hold an emergency meeting ahead of the G20 summit in Cannes in the wake of Greek Premier George Papandreou's surprise......

Sarkozy, Merkel reject calls for orderly insolvency of Greece

German Chancellor Angela Merkel and French President Nicolas Sarkozy have reaffirmed their support for Greece to remain in the euro zone and rejected calls for an 'orderly insolvency' of the......

Markets have a drab closing

The benchmark indices had an insipid closing for the second consecutive trading session.The Sensex ended at 17551, down 10 points and the Nifty shut shop at 5278, up two points. There was......

Markets have a tumultous session

The benchmark indices had a turbulent ride through the day on the back of turmoil across the global market front.The Sensex gravitated in a range of more than 200 points before ending the session......

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