ATHENS/BRUSSELS - Greece was appealing to its euro zone partners and the European Central Bank on Wednesday to keep it afloat after defaulting on its debt to the International Monetary Fund and losing frozen international bailout money.
SYDNEY - The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action in markets.
BRUSSELS - Greece, which is set to default on an International Monetary Fund debt repayment due on Tuesday, owes official lenders 242.8 billion euros ($271 billion), according to a Reuters calculation based on official data.
PARIS - By pure chance, Greece will gain fractionally more time to meet a midnight deadline on Tuesday to pay its IMF debts - thanks to a move by international time arbiters in the Paris Observatory to add one second to the world's clocks.
LONDON - Eurozone stocks, low-rated bonds and the euro weakened on Tuesday as Greece looked set to default on a repayment due to the International Monetary Fund and to plunge deeper into financial crisis.
WASHINGTON - As French Finance Minister in 2010, Christine Lagarde opposed the involvement of the International Monetary Fund in Greece.
REUTERS - Standard & Poor's Ratings Services lowered its sovereign rating on Greece to 'CCC minus' from 'CCC', saying the probability of Greece exiting the eurozone was now about 50 percent.
BRUSSELS - Greece, which may default on an International Monetary Fund debt repayment due on Tuesday after talks with creditors broke down, owes its official lenders 242.8 billion euros ($271 billion), according to a Reuters calculation based on official data, with Germany by far the largest creditor.
ATHENS - Several hundred anti-austerity protesters, chanting slogans against the European Union and IMF, rallied near parliament in Athens on Sunday as a deepening crisis forced Greece's leftist government to announce capital controls on the banking system.
BRUSSELS - The breakdown of talks between Greece and its creditors on extending euro zone bailout funding beyond Tuesday means Athens may fail to make 1.6 billion euro debt repayment to the IMF that day.