Eurozone unemployment lowest for three years

Last Updated: Tuesday, September 1, 2015, 15:17

Joblessness in the 19-nation currency bloc fell from 11.1 percent in June, the EU statistics agency Eurostat said, but with youth unemployment at a still high 21.9 percent.

Eurozone inflation steady at 0.2% in August

Last Updated: Monday, August 31, 2015, 15:58

Food, alcohol and tobacco, and services showed the highest rate rise with 1.2 percent, followed by industrial goods on 0.6 percent, according to the EU`s Eurostat data agency.

Greek leftists say they would apply bailout but fight to ease pain

Last Updated: Sunday, August 30, 2015, 20:51

The leftist Syriza party of former Prime Minister Alexis Tsipras will challenge Greece`s creditors on unresolved aspects of the nation`s bailout but implement unpopular reforms it has already agreed, it said on Sunday.

Greek economy grew by 0.9% in Q2

Last Updated: Friday, August 28, 2015, 15:48

Greece`s economy grew by 0.9 percent in the second quarter, official date showed Friday, improving on the 0.8 percent figure reported in a flash estimate earlier in August.

ECB faces inflation headache even as lending bounces

Last Updated: Thursday, August 27, 2015, 19:22

Lending to euro zone firms grew at the fastest pace since early 2012 last month but the European Central Bank may still come under pressure to ramp up its stimulus measures as falling oil prices and a slowdown in China curb inflation.

Eurozone loans to private sector increase: ECB

Last Updated: Thursday, August 27, 2015, 16:09

The ECB regards M3 money supply as a barometer for future inflation.

Greece repays ECB as snap poll pressure rises

Last Updated: Thursday, August 20, 2015, 21:00

Greece repaid a huge slice of debt to the ECB on Thursday, effectively starting its third mammoth bailout, as deepening political rifts in Athens put pressure on Prime Minister Alexis Tsipras to call snap elections.

Greece to receive 23 bn euro cash injection ahead of key repayment

Last Updated: Thursday, August 20, 2015, 09:56

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.

Eurozone approves first tranche of Greek bailout funds

Last Updated: Wednesday, August 19, 2015, 23:52

Eurozone finance ministers on Wednesday formally approved the first tranche of a new 86 billion euro ($95-billion) bailout for Greece after parliaments in member states backed the move.

German parliament backs Greek bailout with large majority

Last Updated: Wednesday, August 19, 2015, 17:27

The German parliament voted by an overwhelming majority Wednesday to back a third bailout for Greece, with Chancellor Angela Merkel spared a major rebellion of deputies opposing the aid.

ECB cuts funding for Greek banks as liquidity improves

Last Updated: Wednesday, August 19, 2015, 00:18

The European Central Bank cut emergency liquidity assistance (ELA) for Greek banks on Tuesday, in line with a request from Athens, several sources said, a positive sign that lenders are stabilising their operations and building cash reserves.

Greek bailout: German lawmakers debate as Merkel faces rebellion

Last Updated: Tuesday, August 18, 2015, 17:40

German lawmakers broke off their holidays on Tuesday to debate Greece`s third bailout plan before approving it, though Chancellor Angela Merkel faces a rebellion in a vote shaping up as her last chance to keep Athens in the eurozone.