Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to ... Read More
David Cameron has outlined his four goals for reforming the UK’s membership of the EU, including restrictions on benefits for people coming to the UK. He said Britain faced ... Read More
Greece failed to secure the release of 2 billion euros in bailout funding at a Eurogroup summit on Monday, as expected, with creditors prodding Greek officials to push forward ... Read More
Update: Greece and its European Union creditors need a few more days to reach an agreement that would release an aid payment of 2 billion euros ($2.2 billion), according ... Read More
Autumn 2015 Economic Forecast: Moderate recovery despite challenges The economic recovery in the euro area and the European Union as a whole is now in its third year. It ... Read More
Investors need confidence Greece’s debt is sustainable Servicing obligations are only part of the equation, U.S. says The U.S. is pressing euro-area countries to agree to an overhaul of ... Read More
Greek banks are said likely to need some rescue funds Extra 15 billion euros for Greek lenders seen as unnecessary The Greek government might win a delayed 2 billion-euro ... Read More
New ECB report covers banks as well as other financial intermediaries Banks, insurance companies and pension funds in largest euro area economies exposed primarily domestically Consolidation and rationalisation in ... Read More
At today’s meeting, which was held in Malta, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on ... Read More
Greece and its international lenders started talks on Wednesday to assess the country’s compliance with terms of an 86 billion euro bailout, as dissent stirred over tax hikes and ... Read More
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