EU agreed to a third bailout package for Greece in July, but now an IMF teleconfenrence published by Wikileaks shows the saga is far from over
1 min read9 Apr 2016Bloomberg View columnist Mark Gilbert enlists a few of the top impactful events of 2015 in the fields of business, politics and technology
4 min read30 Dec 2015Opposition parties queue up for coalition mandate as pressure for urgent action builds at home and abroad
3 min read22 Aug 2015Operations at Greece's main stock exchange in Athens were halted on 26 June as the govt imposed capital controls
4 min read1 Aug 2015RBI governor Raghuram Rajan will likely strike a dovish note to keep the door open for further rate cuts
3 min read30 Jul 2015Popular misgivings run deep in Germany, which has already contributed most to Greece's two bailouts since 2010, about funnelling yet more aid to Athens
4 min read18 Jul 2015Germany wasn't doing Greece a favour by lending moneyit needed an outlet for its current account surpluses
4 min read13 Jul 2015Greek defiance may not simply be a bargaining position, it could be the result of political and economic difficulties in making changes
4 min read10 Jul 2015Though investors sold riskier assets after the referendum against austerity, the declines were muted compared with a week ago
3 min read7 Jul 2015Such an eventuality has already been discounted by equity and bond markets as Greece's share of European economic output is only 1.5%, its debt is mostly held by govts, the IMF and ECB
2 min read7 Jul 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared