Greek banks successfully pass stress test, freeing funds to relieve debt

Greece's four main banks have successfully passed a stress test, paving the way for the release of bailout funds to relieve the Mediterranean country's crushing debt load, according to results made public on Saturday by the European banking supervision body.

Eurozone ministers strike deal to release funds to Greece

Eurozone ministers have struck a deal to unlock the latest tranche of Greece's bailout cash.

Clashes in Greece as Thousands Protest Austerity

An anti-austerity rally in Greece's capital turned violent Wednesday as a general strike halted flights, ferries and public transportation, and thousands joined protest marches across the country.

Germany says IMF plans to stay involved in Greece bailout talks

The International Monetary Fund's chief has reassured German Finance Minister Wolfgang Schaeuble that the IMF plans to remain constructively engaged in talks about further aid for Greece, a spokesman for Schaeuble said Friday.

Euro Commissioner Pierre Moscovici does not discard fourth Greek bailout

A top European Commission official on Tuesday did not discount the possibility that Greece may have to sign a fourth bailout rescue package.

Greek farmers hold protest rally over tax hikes, pension cuts

Thousands of Greek farmers took to the streets of Athens on Wednesday in protest of a new round of tax hikes and pension cuts promoted by the government as part of efforts to tackle its debt crisis.

Greek students march for more funding, seamen strike against pension cuts

A new round of protests and strikes started on Monday in Greece ahead of the voting on the next set of bailout prerequisites in the parliament later in the week to unlock further vital loans to the debt-laden economy.

Greek banks must find up to 14.4 bn euros after ECB stress test

Four major Greek banks must find up to 14.4 billion euros ($15.8 billion) to survive potential economic shocks, the European Central Bank said on Oct. 31, releasing the results of an in-depth financial health check.

Germany urges Greece to implement reform pledges

The German government said on Friday that Greece shall implement its pledges to reform despite the resignation of its government leader and planned new elections, warning that any delay in implementation would result in a delay in aid payments.

Greek PM Tsipras to Announce Snap Election on September 20

Greek Prime Minister Alexis Tsipras will submit his resignation to the country's president later Thursday to be able to take part in the snap parliamentary election on September 20, local media report.

EU finance ministers approve Greek bailout funds

EU finance ministers have formally approved the first tranche of a new €86bn bailout for Greece after parliaments in member states backed the move.

Oh the Drachma! Syriza Splits, Dutch Divide, Germans Say 'Yes'

In the final act of the Greek economic drama that has dragged on for more than six months the German parliament, the Bundestag, has approved the Greek bailout package.

German Lawmakers Debate Greek Bailout, Merkel Faces Rebellion

German lawmakers broke off their holidays on Tuesday to debate Greece's third bailout plan before approving it, though Chancellor Angela Merkel faces a rebellion in a vote shaping up as her last chance to keep Athens in the eurozone.

Germany praises Greek stance shift in debt talks

Germany's hardline finance minister Wolfgang Schäuble Sunday hailed a change in tone in talks with Greece over its next bailout but warned Europe would closely monitor the pace of reforms in Athens.

Greek parliament approves €85bn bailout deal

A majority of Greek MPs have approved the country's third international bailout after an all-night debate.

Prime Minister Alexis Tsipras had earlier urged the chamber to approve the deal "to assure the country's ability to survive and keep on fighting."

Finland urges caution on Greece negotiations

Finland said Tuesday more work needed to be done on a third international bailout deal for Greece worth 85 billion euros ($94 billion).

Greece take step closer to bailout with IMF loan request

Debt-crippled Greece on Friday took a step closer to a huge third international bailout by formally requesting IMF help, but sources said "logistical problems" were delaying the start of talks in Athens.

Greek parliament passes second crucial bailout bill

Greece's parliament on Thursday passed legislation on a second batch of reforms needed to help unlock a huge international bailout for the country's stricken economy.

Greek parliament votes Yes for euro bailout deal. ("We don't believe in it, but we are forced to adopt it," Tsipras said)

The Greek parliament has voted in favour of tough austerity reforms in a bid to save the country from bankruptcy, despite opposition from a number of government legislators.

IMF demands Greece debt relief ahead of bailout vote

The International Monetary Fund can only participate in Greece's bailout if its European creditors produce a clear debt sustainability, a senior official has said.