Search Results for: eurozone
Greece, lenders, fail to unlock aid so far – officials
March 31st, 2015
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, officials said on Tuesday. Athens faces the prospect of running ...
Yanis Varoufakis calls for end to ‘toxic blame game’
March 30th, 2015
Yanis Varoufakis has called for an end to the “toxic blame game” between Greece and Germany. The finance minister made the call as Greece prepares to finalise its list of economic reforms to present to its international creditors. The ...
Germany’s Merkel says Greek reforms must “add up”
March 30th, 2015
German Chancellor Angela Merkel said on Monday that Greece had a certain degree of flexibility on which reforms it implements but that the measures must “add up” to the satisfaction of its European partners. “The question is can and will Greece fulfil the ...
Greece says not backing down on debt relief goal
March 30th, 2015
Greece has not given up on its aim to renegotiate its debt to render it manageable, the country’s deputy finance minister said on Monday as talks between Athens and its lenders on reforms to unlock aid continue. “The government has ...
European Central Bank and Bank of England announce measures to enhance financial stability
March 30th, 2015
European Central Bank and Bank of England announce measures to enhance financial stability in relation to centrally cleared markets in the EU The European Central Bank (ECB) and the Bank of England (BoE) are today announcing a series of ...
Dollar Watchers Look to IMF
March 30th, 2015
Data on central banks’ holdings of greenbacks are expected to fuel the rally A roaring dollar rally could get a boost this coming week with the release of data that many investors expect to provide fresh evidence that central ...
France cuts 2015 deficit target, eyes economic recovery
March 26th, 2015
France cut its budget deficit target for this year on Thursday and said economic growth could beat the government’s 1 percent forecast, after reporting a smaller-than-expected fiscal gap for 2014. Finance Minister Michel Sapin said France, which has repeatedly missed its ...
Greece fails to convince Europe on EUR 1.2 bn payment
March 26th, 2015
Greece does not have the right to 1.2 billion euros ($1.3 billion) it believed it mistakenly returned to the eurozone‘s bailout fund, an spokesman for the fund said Wednesday after talks with Greek officials. A working group from the ...
The tiny broker who won on the Swiss Franc shock
March 25th, 2015
Some of the big guys lost on the Swiss franc. Turns out, one of the little guys won. While the likes of Citigroup Inc. and Saxo Bank A/S got stung when Switzerland abruptly let the franc soar in mid-January, ...
UK inflation rate falls to zero in February
March 24th, 2015
UK inflation rate fell to 0% in February, the lowest since records began, official figures show. Lower prices for food and computer goods helped to cut the rate from 0.3% in January, official figures show. February’s figure is the lowest ...
