News for 'european-union-and-international-monetary-fund'

EU makes last-ditch bid to save Greek bailout

EU makes last-ditch bid to save Greek bailout

Rediff.com30 Jun 2015

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to Athens.

Greece asks for bailout extension as clock ticks down

Greece asks for bailout extension as clock ticks down

Rediff.com30 Jun 2015

The proposals appeared so far apart that success seemed higly unlikely