A month after he resigned as the prime minister, Alexis Tsipras won the snap elections in Greece.
The junior coalition partner of Greek Prime Minister Alexis Tsipras pledged on Tuesday to continue support for the government.
Obama spoke to Greek PM Alexis Tsipras in the capital, Athens, as part of a final tour that also takes in Germany and Peru.
With 75 per cent of votes counted, the ND party was leading with 39.6 per cent of total votes heading towards a majority in the 300-member Greek Parliament, while Tsipras' leftist Syriza was behind with 31.6 per cent of total votes, CNN reported.
Tsipras said the mandate that Greeks had given him was to reach a viable solution rather than clash with Europe
The European Commission urged Greece to stick to commitments it has made to reform its economy as Prime Minister Alexis Tsipras called a snap election within hours of new EU bailout cash arriving in Athens.
It's hoped the negotiations can be wrapped up by August 20.
Euro zone leaders will hold an emergency summit on Monday.
Stock markets crashed over 1,000 points or nearly 4 per cent on Monday, making it the biggest fall since 2008.
Euro zone leaders clinched a deal with Greece on Monday.
Tough conditions imposed by global lenders could cause an outcry.
India's software and engineering exports may take a hit and the country may also face larger capital outflows.
The euro climbed 1.3 percent against the yen to 135.60 and added 0.7 percent against the dollar to trade at $1.1115.
ICICI Bank on Monday said it sees no impact of the Greek debt crisis on the bank as it has no exposure to Europe.
Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners
Greeks are split on whether to accept an offer by creditors that Prime Minister Alexis Tsipras calls a "humiliation"
Raging wildfires have killed 74 people including small children in Greece, devouring homes and forests, in what officials are calling the worst fires the country has seen in a decade. Around 500 firefighters, aircraft and helicopters have been mobilised to tackle the fires, while a state of emergency was declared in western and eastern Attica. Take a look at the devastation the fires have brought on in Greece.
Silver, platinum and palladium all declined.
Tsipras asked to keep a discount on value added tax for Greek islands, stretch out defence spending cuts and delay the phasing out of an income supplement to poorer pensioners
Greece's financial crisis has intensified.
Greece awoke with a political hangover on Thursday after parliament approved a stringent bailout programme, thanks to the votes of the pro-European opposition, amid the worst protest violence this year.
Energy Minister Panagiotis Lafazanis and Deputy Labour Minister Dimitris Stratoulis also voted against the package.
Deadline to submit convincing reform plans is this week.
the Sensex lost 23 points to close at 28,185 levels and the Nifty shed 7 points to end at 8,515 mark.
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
Formal negotiations are due to start in Athens on Friday.
Top moments from around the world in the week that was.
The crushing of this tiny entity by demanding creditors should be a lesson for all countries, warns T N Ninan.
Positive cues from the global market front aided the rally.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
The crisis remains acute with the country's banks already closed.
On the sectoral front, rate-sensitive sectors such as Bankex and Auto gained by 1% and 0.7% respectively while BSE Consumer Durables gained 1.4%.
Greeks greeted news of a deal with creditors on Monday with a measure of relief mixed with much anger.
Euro zone policymakers have openly spoken out in favour of a 'yes' vote
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
Wolfgang Schauble has done right by the Euro zone, but the Greeks believe that doesn't necessarily mean he has done right by them.
A year ago, Greece's bankers thought they were on the cusp of a new era.
The result of the opinion polls would allow the government to move ahead quickly to reach a deal with creditors
Closing banks and restricting the flow of capital can build pressure for a solution as finances get squeezed.
Midfielder Andre broke the deadlock for the Euro 2016 finalists in difficult, wet conditions just after the half hour and Nani, celebrating his 29th birthday, scored direct from a free kick in the 89th minute.
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