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The country secured a 7.16 billion euro bridge financing from the European Financial Stability Mechanism (EFSM) last week.

Asked if the proposed bailout deal was viable, Christine Lagarde, head of the International Monetary Fund, told an interviewer, "The response is quite categorical: No." 

The issue of debt relief for Greece is "uncontroversial," Mario Draghi, chief of the European Central bank, said on Thursday.

Mario Draghi said the European Central Bank "continues to act on the assumption that Greece is and will remain a member of the euro area."

The IMF opposition to the latest Greek bailout deal reflects years of growing trepidation over Greece's long-term debt sustainability.

Many German people have no interest in considering debt forgiveness for Greece.

Prime Minister Alex Tsripas faces opposition from 107 of 201 of his Syriza party central committee members.

Greek Prime Minister Alexis Tsipras still needs his own parliament to approve the deal.

Greeks have long cherished the idea that Sunday is a time for worship, family, leisure — and anything that doesn’t involve going to work. That's about to change.

Greece and its creditors have reached a unanimous deal early on Monday, following marathon negotiations in Brussels.

The fate of Greece and the eurozone could be determined Sunday, when European Union leaders decide if new Greek reform proposals go far enough.

Poorer and younger Greeks voted "no" in last weekend's referendum, while wealthier Greeks voted "yes."

As Greece returns to the negotiating table with eurozone finance chiefs, the prospect of more austerity brings back painful memories.

Here's a look at how a possible Greece departure from the eurozone might unfold — and what could happen next.

Armed with a decisive referendum result rejecting austerity, Greece now enters a crucial negotiating week with one familiar face missing.

"With the difficult circumstances prevailing today you made a very brave choice," Prime Minister Alexis Tsipras said.

"I'm fully aware the mandate you gave me is not one of a rupture with Europe but a mandate to strengthen our negotiating position to seek a viable solution."

A "no" vote from Greek voters could lead to Greece's exit from the eurozone and a return to the drachma.

As Greeks vote in a referendum that will likely decide their future in the EU, bitter divisions are emerging among the electorate, with friends and even families at odds.

Here are some links to help you keep up-to-date on Sunday's vote. Yes or no?

Greeks go to the polls Sunday in a pivotal moment that could determine the country's fate in the eurozone.

"I call upon you to ignore the sirens, the scaremongering," Alexis Tsipras told a crowd in Athens, two days before the referendum over whether Greece should accept the IMF's bailout repayment terms.

"I won't sign another extend and pretend," Yanis Varoufakis said of the bailout deal.

Greek voters will hit the polls Sunday to evaluate the eurozone's latest debt offer. The market is paying close attention.

Venezuelan President Nicolás Maduro expressed his solidarity with the Greek prime minister and the Greek people in his weekly televised address.

From Syriza to the Grexit to the troika, all your questions about the turmoil consuming Europe are answered.

In a letter to the creditors, Prime Minister Alexis Tsipras wrote he was prepared to accept many of the terms of an earlier bailout package.

Greece missed its scheduled debt repayment Tuesday, making it the first advanced economy to default in the IMF's seven-decade history.

European Union authorities are making a last-ditch offer to Athens to save the country from going bankrupt, but Athens is likely hours away from defaulting on its debt.