Greece‘s problems are euro zone’s problems and the single currency area should send Greece a message of solidarity as Athens stands ready to deliver on promises to reform in exchange for ... Read More
The Deutsche Bundesbank posted a profit of €2.95 billion for the 2014 financial year, compared with €4.59 billion in 2013. The profit was transferred in full today to the Federal Government ... Read More
European finance ministers on Tuesday approved a controversial two-year extension for France to get its deficit within the bloc’s limits, despite accusations that bigger member states are treated more ... Read More
Greek FinMin Y. Varoufakis unexpectedly heads to Paris, a Greek delegation is in Brussels for technical negotiations, no “Troika” or “three institutions formerly known as Troika” expected in Greece ... Read More
Greek Finance Minister Yanis Varoufakis has described his country as the most bankrupt in the world and said European leaders knew all along that Athens would never repay its ... Read More
Remarks by Jeroen Dijsselbloem: Let me first report on our discussion on fiscal surveillance. In our meeting of 8 December we identified risks that seven Member States might not ... Read More
Currency heads toward parity with dollar; paying to hold debt The arrival of the European Central Bank’s huge bond-buying plan Monday is forcing investors to prepare for the once ... Read More
Greek Finance Minister Yanis Varoufakis upped the stakes sharply ahead of Monday’s crucial Eurogroup meeting in Brussels by raising the prospect of Greece holding new elections or even a ... Read More
Draghi adds 500 million euros to ELA, giving banks a breather European Central Bank Governor Mario Draghi announced on Thursday a board decision on Greece that may appear tough ... Read More
As pressure builds on Greece to implement economic reforms in order to secure crucial rescue funding, the country’s representative to the Euro Working Group on Wednesday presented to his ... Read More
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