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organisation > Institute of International Finance
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Chief negotiator for private creditors leaves Athens without a deal, but says talks on bond swap agreement are ongoing.
Failing to reach a deal with its creditors will inevitably lead to Greece's exit from eurozone, finance minister says.
Creditors meet with officials in bid to stop Athens going bankrupt within days over $18.5bn bond repayment due in March.
Talks between Greece and its creditor banks collapse with sides divided over interest rate Athens will end up paying.
US stocks post seven straight sessions of losses, ending the worst week in two months.
Christine Lagarde says global economy risks plunging into a "downward spiral of uncertainty and financial instability".
Banks need more capital in case of future financial crises, but financiers say this would slow economic growth.
Debt-hit country to get next $17.4 billion tranche of existing aid package, with additional funds in the pipeline.
Decision taken to roll over holdings of maturing bonds as EU policymakers mull ways to share burden of rescue package.
Papandreou announces 40 per cent fall in deficit and expresses optimism over economy.
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Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
 
 
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