Argentina, holdout creditors reach $4.6 bln agreement

Argentina and its main holdout creditors have reached a $4.653 billion agreement in principle to settle a 15-year-old sovereign debt default dispute, a deal that could help the country to return to international capital markets and revive its economy.

Greek PM submits resignation ahead of September election

Alexis Tsipras has resigned, hoping to strengthen his hold on power in snap elections after seven months in office in which he fought Greece's creditors for a better bailout deal but had to cave in. 

EU Leaders Scramble to Resolve Greek Debt Crisis

The European Union has two crucial issues on the agenda at its two-day summit underway in Brussels (Thursday-Friday), with migration and the Greek financial crisis still unresolved. Greece is perhaps the most pressing issue for the Europeans, as a June 30 deadline looms for Athens to pay its creditors or face a possible exit from the eurozone.

Greece offers olive branch as search for allies begins

Greece sought to repair relations with its international creditors on Saturday (Jan 31) as the new anti-austerity government began a charm offensive in European capitals, even as Germany insisted it would not support any debt relief...