Euro zone inflation stable at 0.2%, still far off ECB target

Last Updated: Friday, July 31, 2015, 14:57

The European Union`s statistics office Eurostat said on Friday that consumer prices in the 19 countries sharing the euro rose by 0.2 percent year-on-year in July, as in June.

Greek PM Tsipras prevails over rebels at party meeting

Last Updated: Friday, July 31, 2015, 08:47

Dissenters had sought a conference earlier, pressing the government to abandon ongoing negotiations with rescue lenders.

Greece expects debt reduction after November: PM

Last Updated: Wednesday, July 29, 2015, 17:44

Greece expects debt reduction from its international creditors after a first assessment of reforms under its new bailout obligations concludes in November, Prime Minister Alexis Tsipras said Wednesday.

Greek bourse to reopen Wednesday or Thursday after ECB approval

Last Updated: Tuesday, July 28, 2015, 23:24

The Greek stock market will reopen on Wednesday or Thursday after a month-long shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the Greek securities regulator chairman told Reuters on Tuesday.

Creditor audit chiefs head to Greece to oversee bailout

Last Updated: Tuesday, July 28, 2015, 20:08

The head representatives of Greece's international creditors will return to Athens for the first time in nearly a year to oversee work on the country's new bailout, a finance ministry source said today.

Greek creditors seek third wave of reforms before loan

Last Updated: Tuesday, July 28, 2015, 00:01

International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.

IMF confirms receiving Greek request for new loan

Last Updated: Saturday, July 25, 2015, 09:14

The International Monetary Fund said on Friday it had received a letter from Greece seeking a loan facility.

EU-IMF team due in Athens `in coming days`

Last Updated: Friday, July 24, 2015, 23:34

Representatives from Greece`s international creditors are due in Athens in the coming days, the European Commission said, with sources saying logistical issues had pushed back an expected arrival date of Friday.

Greece loosens capital restrictions on businesses

Last Updated: Friday, July 24, 2015, 19:36

Greece started loosening restrictions on foreign transfers by businesses on Friday, unblocking imports held up after the country introduced capital controls last month.

Global economy: Second half of 2015 begins on shaky note

Last Updated: Friday, July 24, 2015, 15:27

The global economy started the second half of the year on shaky ground as business activity in the euro zone was weaker than expected and China`s vast factory sector appeared to be contracting at the fastest pace in 15 months in July.

Creditors to start talks after Greece passes bailout bill

Last Updated: Thursday, July 23, 2015, 21:16

Greece's creditors will head to Athens shortly to open talks on a huge new international bailout, the government said today, as parliament approved a second batch of reforms needed for negotiations to go ahead.