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Greece repaid on Friday the first EUR 310 million tranche of a loan from the International Monetary Fund that was due in March, reports said citing government officials. The repayment was due on Friday and the country has to pay a total EUR 1.5 billion to the IMF over the next two weeks, as the government...

Russian President Vladimir Putin pledged to do everything to bring to justice those responsible for the death of Russian opposition leader Boris Nemtsov, who was gunned down on a bridge next to the Kremlin late on Friday. An opposition march which Mr Nemtsov planned in Moscow for Sunday has now been...

Myanmar "seems headed in the wrong direction and needs urgently to get back on track" in a crucial year for the country's democratic transition and long-term reconciliation, UN High Commissioner for Human Rights Zeid Ra'ad Al Hussein has warned. "The international community has seen the transition...

Greece's reform proposal presented to Eurozone creditors to secure a four-month extension of its bailout programme does not mean the new government has taken a U-turn on its anti-austerity stance, Finance Minister Yanis Varoufakis said Wednesday in an interview to CNBC. Yesterday, the European Commission...

EuropeanCommission-022415.jpg The European Commission on Tuesday said that the economic reform proposals submitted by the Greek government were satisfactory to start work on concluding the review of the bailout programme. Earlier in the day, Eurogroup President Jeroen Dijsselbloem confirmed that Greece presented its reform proposal 'yesterday in time' and that they were being assessed to grant 4-month extension.

GreeceFlag-022415.jpg The European Commission on Tuesday said it has received reform proposals from the Greek government that includes assurances of not rolling-back privatizations and improving fiscal balances. Speaking in the European Parliament, Eurogroup President Jeroen Dijsselbloem confirmed that Greece presented its reform proposal 'yesterday in time' and that they are being assessed to grant 4-month extension.

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