Request sees bailout terms being set aside Greece is set to submit Wednesday to the Eurogroup a request for a six-month extension to its loan agreement with its creditors, ... Read More
Italy’s economy stagnated in the three months through December, failing to rebound from its longest recession on record. Gross domestic product was unchanged from the previous quarter when it ... Read More
One question that has hovered around the global media recently, but has remained I believe unanswered, is what will be the likely outcome of a “Grexit” to the rest ... Read More
Asian shares soared on Friday on news of a ceasefire accord in Ukraine, while Sweden’s surprise move to cut its main rate into negative territory and hopes of a resolution ... Read More
There were hopes on Thursday that Greece and the eurozone might be edging toward a deal after Prime Minister Alexis Tsipras, attending his first European Union summit, agreed for ... Read More
Greek Finance Minister Yanis Varoufakis met with IMF chief Christine Lagarde after his arrival in Brussels, where an extraordinary Eurogroup meeting takes place on Thursday evening. Speaking afterwards, Lagarde ... Read More
Wednesday’s Eurogroup ended without agreement between Greece and its eurozone partners but also without a joint statement on how to move forward. “We explored a number of issues, one ... Read More
All eyes are on the Eurogroup meeting that kicks of at 7 p.m. on Wednesday with EU partners waiting with baited breath to see how the chips will fall ... Read More
Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be ... Read More
Today February 10, U.K. Chancellor of the Exchequer George Osborne discussed the risks of a “Grexit” and how he’s planning ahead to deal with any outcome. He speaks to Bloomberg’s ... Read More
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