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Greece bailout: Fin Minister heads to Brussels

Greek finance minister Evangelos will head to a Eurogroup meeting in Brussels where a decision on the new program will be taken.

http://ibnlive.in.com/news/greece-bailout-fin-minister-heads-to-brussels/228642-2.html

Greece misses bail-out deadline

Greece missed another deadline to approve conditions for a second €130bn bail-out on Tuesday night.

http://ibnlive.in.com/news/greece-misses-bailout-deadline/228352-70.html

Magnitude 4.9 earthquake rattles Crete

Earthquakes of magnitude 5.3 and 5.2 occurred in the same area on Thursday and Friday, respectively.

http://ibnlive.in.com/news/magnitude-49-earthquake-rattles-crete/225107-2.html

S&P downgrades nine euro zone countries

The move puts highly indebted Italy on the same BBB+ level as Kazakhstan and pushes Portugal into junk status.

http://ibnlive.in.com/news/sp-downgrades-nine-euro-zone-countries/220662-2.html

Greece can't tax its people any further: IMF

Greece has relied on euro 110 billion ($145 billion) bailout loan package from eurozone countries.

http://ibnlive.in.com/news/greece-cant-tax-its-people-any-further-imf/211670-2.html

Greek lawmakers approve 2012 austerity budget

Greece's acute debt woes have triggered a Europe-wide crisis and the country is surviving on international rescue loans.

http://ibnlive.in.com/news/greek-lawmakers-approve-2012-austerity-budget/209440-2.html

Greece must stay in euro, needs drastic reform: PM

EU finance minister agreed to release the 8 billion lifeline tranche on Tuesday after receiving the prime minister's letter.

http://ibnlive.in.com/news/greece-must-stay-in-euro-needs-drastic-reform-pm/207426-2.html

Greece promises sharper deficit cut in 2012

Greece's Finance Minister Evangelos Venizelos said the deficit will shrink from an expected 9 to 5.4 per cent.

http://ibnlive.in.com/news/greece-promises-sharper-deficit-cut-in-2012/203630-2.html

Remaining in euro is the only choice: Greek PM

Greece's Prime Minister Lucas Papademos was sworn in last week to head a short-term coalition government.

http://ibnlive.in.com/news/remaining-in-euro-is-the-only-choice-greek-pm/202327-2.html

Lucas Papademos sworn in to lead Greek cabinet

The interim government of national unity plans to announce its platform on Monday evening.

http://ibnlive.in.com/news/lucas-papademos-sworn-in-to-lead-greek-cabinet/201518-2.html

Greece, Italy turn to experts for way out of debt

Greece's new prime minister, Lucas Papademos, approved the EU's $177 billion (euro130 billion) bailout deal.

http://ibnlive.in.com/news/greece-italy-turn-to-experts-for-way-out-of-debt/201198-2.html

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