Athens bowed to demands to phase out tax breaks for its islands.
The proposals appeared so far apart that success seemed higly unlikely
Tough conditions imposed by global lenders could cause an outcry.
Here are some of the best photos from around the world in the month gone by...
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
French journalist Nicolas Henin was captured by the terrorist organisation, the Islamic State, and spent 10 months in captivity explains how the growth of the Islamic State is result of the West's limitation in seeing the IS merely as a terrorist organisation while ignoring its political message and goals.
Here are some of the best photographs clicked across the globe in the month of October.
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
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