EU opens investigation into Amazon's e-book business

Last Updated: Thursday, June 11, 2015, 16:47

The investigation adds to the pressure on the online retailer in Europe, where it is already being investigated for the low tax rates it pays in Luxembourg.

Greek, Ukraine crises loom over G7 summit

Last Updated: Sunday, June 7, 2015, 17:41

Greece`s bailout agreement with its creditors expires at the end of June. Should Athens miss its loan payments and default, many fear this would set off a chain of events that could lead to a messy Greek exit from the euro.

Greece denies report that Juncker declined to take call from Tsipras

Last Updated: Saturday, June 6, 2015, 22:32

The official added that Athens was still waiting for Greece`s creditors to respond to its own recent proposal for a deal to end the months-long impasse.

Greece ducks Friday deadline by bundling IMF payments

Last Updated: Friday, June 5, 2015, 10:34

"The Greek authorities have informed the (IMF) today that they plan to bundle the country`s four June payments into one, which is now due on June 30," IMF spokesman Gerry Rice said, citing rules allowing debtor countries to regroup "multiple principal payments falling due in a calendar month."

Greek talks `very good`, to resume in a few days: Dutch finance minister

Last Updated: Thursday, June 4, 2015, 05:02

Crunch bailout talks between Greek Prime Minister Alexis Tsipras and European Commission chief Jean-Claude Juncker went well and further discussions will be held soon, Eurogroup chief Jeroen Dijsselbloem said Thursday.

Creditors agree to proposal for Greece to unblock aid

Last Updated: Wednesday, June 3, 2015, 15:02

Eurogroup President Jeroen Dijsselbloem said on Tuesday in an interview with RTL television channel that even if an agreement was reached this week, an immediate disbursement was technically impossible.

Greece's creditors draft deal to unlock aid, Athens resists

Last Updated: Wednesday, June 3, 2015, 01:56

Greece`s creditors drafted the broad lines of an agreement on Tuesday to put to the leftist government in Athens in a bid to conclude four months of acrimonious negotiations and release aid before the cash-strapped country runs out of money.

EU defends Jean-Claude Juncker's 'cool style'

Last Updated: Tuesday, May 26, 2015, 19:36

At the opening of the Riga summit on Friday, a light-hearted and tactile Juncker kissed leaders on the head, fiddled with their ties, saluted, and slapped them not just on the back but also on the stomach, chest and face.

UK's Cameron tells EC president that Europe must change

Last Updated: Tuesday, May 26, 2015, 08:13

British Prime Minister David Cameron told the president of the European Commission that the country needed a new deal on Europe, before he presses his case for reforms to the bloc with other national leaders this week.

Greece in final stretch of troubled loan talks

Last Updated: Tuesday, May 19, 2015, 10:11

Greece on Monday entered the final stretch of tortuous talks with its international creditors on a bankruptcy-saving loan deal, with the government calling for a breakthrough by the end of the month.

EU slashes Greece growth outlook

Last Updated: Tuesday, May 5, 2015, 15:28

The EU on Tuesday sharply slashed its growth outlook for Greece this year due to its ongoing battle with its international creditors, dampening an otherwise improved outlook for the eurozone.

Greece economy in sharp downturn over past 3 months: EU

Last Updated: Tuesday, May 5, 2015, 14:59

Greece's economy suffered an alarming slump in the first three months of 2015, the European Commission said on Tuesday, in a dangerous development as Athens continues to battle its EU-IMF creditors.