Search Results for: Eurozone
Euro Working Group to discuss Greece on Wednesday
March 24th, 2015
The Euro Working Group (EWG) of eurozone technical staff is expected to convene on Wednesday, possibly via teleconference, to discuss, among other issues, a Greek request for the return of 1.2 billion euros from the European Financial Stability Facility ...
Greece to present reforms package by Monday: government spokesman
March 24th, 2015
Greece will present its proposed package of reforms to its euro zone partners by next Monday in hopes they will release much needed cash, its government spokesman said on Tuesday. “It will be done at the latest by Monday,” government spokesman told ...
ECB to Continue Buying Debt Until Inflation Stabilizes
March 24th, 2015
Central Bank will purchase large amounts of public and private debt for at least 18 months The European Central Bank will purchase large amounts of public and private debt for at least 18 months and until it is convinced ...
ECB’s Coeure says expects changes to Greek aid programme
March 23rd, 2015
Greece‘s financial aid programme is set to be changed to accommodate its new government, a senior European Central Bank official said on Monday, noting that the bank stood ready to support the country. “There is a clear willingness and ...
Greek PM Tsipras faces Merkel amid race to detail reforms
March 23rd, 2015
As government officials scramble to draft a list of detailed reforms in line with demands by the country’s international creditors, Greek Prime Minister Alexis Tsipras is due in Berlin on Monday for crucial talks with German Chancellor Angela Merkel ...
Asia stocks stall as Fed-inspired lift peters out, dollar steady
March 20th, 2015
Asian stocks stalled on Friday as Federal Reserve-inspired gains petered out, while the dollar steadied after rebounding from the shock of a surprisingly dovish U.S. central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged down 0.1 ...
Greek Parliament Passes Antipoverty Bill
March 19th, 2015
International creditors had asked Greece to hold off on voting until they assessed budget impact Greek lawmakers passed an antipoverty bill Thursday despite not having the green light from international creditors on the law, in the latest snag in ...
Greek PM seeks meeting with top EU leaders as cash crunch deepens
March 17th, 2015
Greek Prime Minister Alexis Tsipras has requested a meeting with top European leaders including German Chancellor Angela Merkel at this week’s EU summit, a Greek official said on Tuesday, as his cash-strapped government scrambles to stave off bankruptcy. As ...
Greek PM Tsipras says there is no going back to austerity
March 16th, 2015
Greece will not accept any return to austerity, leftist Prime Minister Alexis Tsipras said on Monday, adding that he was convinced he would strike a deal with international partners to keep finances afloat. “The key for an honorable compromise (with ...
Cyprus pulls back from abyss after traumatic bailout
March 16th, 2015
Two years after its failing banks nearly pushed cash-strapped Cyprus over the edge, sending shockwaves through the eurozone, the country has pulled back from the abyss, saved by painful austerity and a multi-billion euro rescue package. Indeed, Finance Minister ...
