Last Updated: Friday, March 13, 2015, 15:21
EU Commission chief Jean-Claude Juncker complained Friday about a lack of progress in talks on Greece`s bailout, but insisted there was no chance of a failure that could drive the country out of the eurozone.
Last Updated: Tuesday, February 24, 2015, 18:57
Prime Minister Mariano Rajoy predicted Tuesday that Spain`s economy, the eurozone`s fourth largest, could grow by 2.4 percent in 2015, raising the previous 2.0 percent forecast.
Last Updated: Tuesday, February 24, 2015, 18:44
Greece edged closer to eurozone survival Tuesday as its international creditors and hold-out Germany looked ready to approve the reforms they had demanded of Athens in return for extending its bailout programme.
Last Updated: Tuesday, February 24, 2015, 16:14
Greece has promised not to roll back any ongoing or completed privatisations and ensure that any state spending to address a "humanitarian crisis" does not hurt its budget, according to a document containing its reform plans seen by Reuters on Tuesday.
Last Updated: Monday, February 23, 2015, 19:17
Oil prices slid Monday, extending last week`s sharp decline as the dollar strengthens on eurozone strains and record supplies in the United States add further downward pressure.
Last Updated: Saturday, February 21, 2015, 22:11
Greece was under pressure Saturday to finalise reform proposals that would keep its loan lifeline open after an EU compromise deal clipped its anti-austerity ambitions.
Last Updated: Saturday, February 21, 2015, 21:39
Greece`s banking system would have collapsed within days had Athens not compromised significantly and struck a funding agreement with euro zone ministers, Irish Finance Minister Michael Noonan said on Saturday.
Last Updated: Monday, February 16, 2015, 17:13
Asian markets advanced Monday following a record close on Wall Street, while Greece`s leadership said it was confident it could hammer out a new debt deal with European creditors.
Last Updated: Monday, January 26, 2015, 13:14
The euro sank to an 11-year low Monday and Asian equities were muted after an anti-austerity party won Greece`s election, throwing its international bailout into doubt and raising fears it could leave the eurozone.
Last Updated: Tuesday, December 17, 2013, 11:58
German Chancellor Angela Merkel, a pastor`s daughter who grew up under communism, rose to become the world`s most powerful woman, governing Europe`s biggest economy and setting the political tone on the continent.
Last Updated: Thursday, November 28, 2013, 17:24
Spain Thursday said it has technically escaped a two-year recession by posting feeble growth in the third quarter, but with an unemployment rate still towering at 26 percent.
Last Updated: Friday, November 22, 2013, 15:35
The European Central Bank said on Friday it is suspending early repayments by banks of the emergency funds they borrowed at the height of the eurozone crisis.
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