Euro zone needs joint budget to help members in crisis -ESM
The euro zone should have a limited joint fiscal capability to support individual member states in case of a sudden crisis, the head of the...
euro zone
Brexit banks set to avoid lengthy euro zone entry test
By John O’Donnell Banks in London that relocate operations to the euro zone after Brexit are likely to be spared a lengthy entry test by...
Euro zone economy starts year in chipper mood, Germany outlook bright
By Michael Nienaber Economic sentiment in the euro zone surged to a post-crisis record in December and German industrial orders pointed to a busy final...
Euro zone must share more banking risks – Dijsselbloem
By Francesco Guarascio European Union countries should share more banking risks, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Saturday, indicating support...
Greek debt talks stumble before EU leaders gather
By Jan Strupczewski and Renee Maltezou Negotiations to avert a Greek debt default stumbled on Wednesday and euro zone finance ministers accused Athens of refusing...
Greece’s Varoufakis says euro zone “dangerously close” to “accident”
Greek Finance Minister Yanis Varoufakis said on Thursday the euro zone was “dangerously close” to a state of mind “that accepts an accident,” slamming other...
Greece tells creditors it will run out of cash on April 9
Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new...
EU’s Oettinger says Greece deal possible next week
Germany’s EU Commissioner Guenther Oettinger said on Friday he thinks Greece and its creditors should be able to reach a deal but may need another...
Cyprus must align with Greece: Omirou
Cyprus must align with Greece in its battle to change the country’s bailout terms, House President Yianakis Omirou said on Monday. “The battle Greece is...
France’s Hollande says euro zone membership ‘up to Greeks’
By Andrew Callus and Nicholas Vinocur French President Francois Hollande said on Monday countries including Spain and Greece had paid a heavy price to stay...
Draghi says ECB ready to adjust policy if inflation drops further
By Howard Schneider The European Central Bank is prepared to respond with all its “available” tools should inflation in the euro zone drop further, ECB...