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Greece’s bailout expires, country defaults on IMF payment
With its failure to repay the roughly 1.6 billion euros ($1.8 billion) to the IMF, Greece became the first developed country to fall into arrears on payments to the fund.
Tsipras asks for a new bailout programme as meltdown looms
Greece is set to become the first developed nation to not pay its debts to the International Monetary Fund on time.
EU roaming charges to be abolished in 2017
Providers would still be allowed to apply a ‘fair use policy’ to prevent ‘abusive’ use of roaming, the European Council said.
Tourists in Greece coping with financial crisis
Tourists on holiday in Greece offered advice to others: Bring extra euros.
Japan’s industrial output fall may contract Q2 GDP
Economists are already forecasting much slower economic growth in April-June as manufacturers curb production to lower stubbornly high inventories.
China premier pledges to hold on to EU debt
Underscoring an improving relationship, China’s Li is due to hold a news conference at the EU summit for the first time.
A look at Greece’s lockdown on money withdrawals, transfers
Cash withdrawals from ATMs will have a daily limit of 60 euros ($67) per card.
Greece imposes capital controls, banks to remain shut
Prime Minister Alexis Tsipras said Greek banks would remain shut indefinitely and restrictions would be imposed on cash withdrawals.
Asian Infrastructure Investment Bank in Beijing takes concrete shape
Delegates from 57 countries will sign articles of agreement in Beijing today
German small firms see US trade deal as threat
The German unease is remarkable because it is one of the few developed nations to have increased its share of trade in the past 15 years.
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