Massive default, together with a very large sustained cut in the annual budget deficit, is, in fact, needed to restore Greek's fiscal sustainability.
IMAGES from the Premier League matches played across England, on Sunday.
With Greeks' rejection of rescue package from creditors spooking markets, the government on Monday asserted that India is well insulated from the crisis but rupee may be affected due to the outward flight of investment.
Bond issuances dipped 31.4% during January-June
Ronaldo's 130 goals for his country is also way out on its own at the head of most scored in international football
Obama spoke to Greek PM Alexis Tsipras in the capital, Athens, as part of a final tour that also takes in Germany and Peru.
Casper Ruud gained sweet revenge over Stefanos Tsitsipas as he beat the Greek fifth seed 7-5, 6-3 to win the Barcelona Open on Sunday.
Earlier companies were going bankrupt, now countries are turning belly up.
Images from the Olympics tennis action at the Roland Garros, Paris, on Wednesday.
Euro zone leaders clinched a deal with Greece on Monday.
The packet was sent from Athens by air mail two days ago disguised as books and the explosive device hidden inside was "very similar" to the parcel bomb, which exploded on Tuesday at the Swiss embassy in Athens, German Interior Minister Thomas de Maiziere said.
While Narendra Modi spent fewer days abroad than his predecessor -- 275 days versus Dr Singh's 306 - he has travelled more widely than any other Indian PM.
Every financial crisis has political and geo-political consequences.
Pope Francis transformed the lives of a dozen Syrian refugees on Saturday when he plucked three families from a crowded camp on the Greek island of Lesbos and took them back to Rome.
The recovery was led by pharma majors led by Dr Reddy's Labs.
Hundreds of people arrive on Greece's eastern Aegean islands daily, many after fleeing conflict in Syria and Afghanistan.
The city on Sunday became the first-ever destination, outside Europe and the United States, to host the "Marathon Flame" in the lead up to the seventh Standard Chartered Mumbai Marathon to be held on January 17.
Greece's Football Federation (EPO) could be suspended from international football over government interference should a proposed new sports law be voted in, FIFA and UEFA have warned.
Containing Colombia's potent attacking game, even without injured striker Radamel Falcao, will be key to defensive-minded Greece's attempt to upset the World Cup Group C favourites on Saturday.
Champions France and surprise package Greece will be subject to very different expectations when they meet in their Euro 2004 football championship quarter-final on Friday.
Investors across the globe may find some initial relief in the elections.
Swiatek, the 2022 champion, made her intentions clear early on with an aggressive start to claim a break for a 2-1 lead. She pulled further away when Kostyuk hit a double fault two games later, wrapping up the opening set in 31 minutes.
Euro 2012 got off to an incident-packed start on Friday with Group A favourites Russia thrashing the Czech Republic 4-1 while Greece spoiled the party for co-hosts Poland in a drawn opening match as both teams finished with 10 men.
Resolving the crisis will require a 'very long and step-by-step process' involving budget restructuring, restoring confidence in financial markets, improving competitiveness and other measures, she said on Tuesday after a meeting with Finland Prime Minister Jyrki Katainen in Berlin.
Sometimes smoke or dust in the air may cause scattered red wavelengths of light to make the Moon appear more blue than usual.
IMAGES from Day 4 of the French Open played at Roland Garros on Wednesday
German coach Otto Rehhagel hailed the 1-0 silver goal victory over Czech Republic in Thursday's Euro 2004 semi-final as a miracle.
Spaniard Carlos Alcaraz has made it to the semi-finals on his Olympic Games debut.
Most Asian markets ended with gains.
Images from the Olympics swimming action at the La Defense Arena, Paris, on Thursday.
A summit of the 17-nation euro group was proposed by European Council president Herman van Rompuy in Brussels to prevent larger euro zone economies such as Italy and Spain from being sucked into the crisis by demonstrating their determination to help keep Greece from defaulting on its debts.
Paris 2024 opening ceremony to start at 7.30 p.m. local time
It was billed as a chance to transform Greece's image abroad and boost growth but 10 years after the country hosted the world's greatest sporting extravaganza there is little to celebrate at the birthplace of the modern Olympic Games.
Images from the Euro 2024 Group F matches between Georgia and Portugal; Czechia and Turkey in Germany on Wednesday.
Greece could have emerged victorious from their 0-0 World Cup Group C draw with Japan on Thursday were it not for Kostas Katsouranis's first-half red card, coach Fernando Santos said.
Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.
India may have lost the ODI World Cup final to Australia but have increased their lead over them from three to six points, leading the table with 122 points.
