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Greek officials said the leftist government broadly repeated a reform plan Tsipras sent to the euro zone last week before Greek voters, in a referendum on Sunday, overwhelmingly rejected the austerity terms previously on offer for a bailout.

His comment came on the heels of an observation by Nicolas Veron, a senior fellow at the independent think tank Bruegel in Brussels that if Greece’s current source of aid is “stopped and no agreement is in sight, it is hard to imagine a scenario in which Greece stays...

The Federal Reserve Chair Janet Yellen said on Friday that she expected the Fed to raise interest rates at some point this year, underlying the fact that economic outlook remain highly uncertain.

Still, support for gold and silver today reflects last night’s Fed minutes, which failed to provide a clearer picture on when the normalisation of U.S. monetary policy might begin.

Federal Reserve chairwoman Janet Yellen said she expects the Fed to raise interest rates by the end of the year during a speech to the City Club of Cleveland on Friday. On Greece, all Yellen said in her speech was that “the situation in Greece remains unresolved”.

“Whenever you see any kind of bank line, there is in the back of investors” mind the thought: “What if it spreads?” This may apply to us as individuals, but not to countries. First, the Greeks can never repay all their debts, not even in the rosiest...

The measures include tax rises, pension reforms, privatisation and spending cuts, Greek media say.

No amount was mentioned.

He did not name names but may have been referring to German Finance Minister Wolfgang Schaeuble, who has made no secret of his skepticism about Greece’s fitness to stay in the euro.

“But tonight I have to say it loud and clear – the final deadline ends this week”.

Greek Prime Minister Alexis Tsipras will address the European Parliament on Wednesday after European leaders gave his debt-stricken country a final deadline to reach a new bailout deal and avoid crashing out of the euro.

In a statement Thursday, Blanchard said the world economy has “withstood the stress tests of the last two weeks fairly well”.

It raised hopes that Greece can get the rescue deal that will prevent a catastrophic exit from the euro after key creditors said they were open to discussing how to ease the country’s debt load, a long-time sticking point in their talks.

The government of Greek Prime Minister Alexis Tsipras drafted a new proposal it hopes will convince creditors to let the country stay in the euro.

Speaking amid a mix of boos and cheers at the European Parliament on Wednesday, Greek Prime Minister Alexis Tsipras vowed that a “credible” plan would be in creditors’ hands within the next 48 hours, and that it would include key changes to the country’s...