EU leaders say Greece has agreed to come up with a new reform plan within days to secure the additional bailout funds required to prevent bankruptcy. The development came ... Read More
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest ... Read More
International creditors had asked Greece to hold off on voting until they assessed budget impact Greek lawmakers passed an antipoverty bill Thursday despite not having the green light from ... Read More
The EU financial chief’s views expressed in Die Welt on Wednesday reflect those expressed by German Finance Minister W. Schaeuble last week European Monetary and Economic Affairs Commissioner Pierre ... Read More
Greek Prime Minister Alexis Tsipras has requested a meeting with top European leaders including German Chancellor Angela Merkel at this week’s EU summit, a Greek official said on Tuesday, ... Read More
Austria’s decision to burn bondholders of a failed state bank may mean almost 1.3 trillion euros ($1.4 trillion) of European debt once deemed risk-free now comes with a hazard ... Read More
Greece will begin debating measures to boost liquidity as the cash-starved country braces for more than 2 billion euros ($2.12 billion) in debt payments Friday. Unable to access bailout ... Read More
Greece will not accept any return to austerity, leftist Prime Minister Alexis Tsipras said on Monday, adding that he was convinced he would strike a deal with international partners to ... Read More
Two years after its failing banks nearly pushed cash-strapped Cyprus over the edge, sending shockwaves through the eurozone, the country has pulled back from the abyss, saved by painful ... Read More
The European Commission has been ordered to apologise to French banking giant Credit Agricole for implying its guilt in the long-running investigation into financial market rigging before the probe ... Read More
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