ATHENS, Greece— Greek Prime Minister Alexis Tsipras announced his government’s resignation and called early elections Thursday, an attempt to get a new mandate to implement a three-year bailout program that sparked a rebellion within his radical left...
The bailout of Greece took two big strides forward Friday as German lawmakers overwhelmingly gave their backing to another financial rescue and the European Union
European Central Bank head Mario Draghi said Thursday that emergency support to Greek banks will be increased — a first step toward helping the country’s banks reopen.
reece’s prime minister was fighting to keep his government intact in the face of outrage over an austerity bill that parliament must pass Wednesday night
Greece’s government is racing to finalize and submit a plan of reforms for its third bailout to give creditors time to review it ahead of a summit of the European Union.
Greece made a request for aid from Europe’s bailout fund Wednesday as it rushed to deliver details of its proposed economic reforms in time to secure the country’s future in the euro and avoid a descent into financial chaos.
The last time Greece was facing a hard deadline to secure a deal with its bailout creditors, in February, it agreed to one only when it feared a worst case scenario — a run on the country’s banks.
The eurozone’s 19 leaders will meet in an emergency summit next week to seek a breakthrough in Greece’s bailout after talks Thursday ended in acrimony, intensifying fears that the country was heading for bankruptcy and an exit from the euro.