How viable is the euro based on its current architecture?
By Erol Riza The early members of the Eurozone celebrated the establishment of the euro as the single currency for the eligible EU members states,...
eurozone
IMF: challenges remain to Greece’s long-term debt sustainability
Greece exits its third international bailout in August, but without further debt relief it may not be able to sustain market access in the long run,...
Greece optimistic for June debt relief deal – official
Greece is optimistic about prospects for a debt relief deal in June that will help make its post-bailout return to bond markets credible, along with...
Merkel, Macron meet to plot eurozone reform road map (Update)
Chancellor Angela Merkel called for a spirit of compromise on reforming the eurozone at a meeting on Thursday with French President Emmanuel Macron, who pressed...
Merkel heads to Paris for euro reform talks with Macron
German Chancellor Angela Merkel heads to Paris on Friday enthusiastic about talks with French President Emmanuel Macron but at odds with him over the pace and scope...
Soros lobbies ECB for more eurozone integration, draws criticism
Billionaire investor and activist George Soros has met a European Central Bank director to argue for closer eurozone integration, prompting criticism from some EU lawmakers who fear...
‘Ronaldo of finance ministers’ becomes new Eurogroup chairman
Eurozone finance ministers on Monday chose as their next chairman Portugal’s Mario Centeno, once dubbed the “Ronaldo of EU finance ministers” by Germany’s Wolfgang Schaeuble...
France to Germany: European status quo is not an option
Europe must decide whether it wants to press ahead with closer economic and political integration or return to self-defeating nationalist solutions, France’s finance minister said...
ECB ‘to force banks to raise bad debt provisions’
The European Central Bank plans to ask euro area banks to set aside more cash to cover bad loans, making it prohibitively expensive for lenders...
Greece gets credit lifeline, IMF joins bailout
Euro zone governments threw Greece another 11th-hour credit lifeline on Thursday worth $9.5 billion and sketched new detail on possible debt relief as the IMF...
Greece calls for debt relief measures ahead of euro zone meeting
Greek Economics Minister Dimitri Papadimitriou has accused German Finance Minister Wolfgang Schaeuble of being “dishonest” by blocking debt relief for Greece despite his acknowledgement that...
Euro zone, IMF to seek compromise on Greek debt deal Monday
By Jan Strupczewski Euro zone finance ministers and the International Monetary Fund will seek a deal on Monday on Greek debt relief that balances the...
Eurozone economy sparkles, lights way for ECB pull-back
If the latest surveys of business intentions are to be believed, the eurozone economy is sparkling, growing at a pace that easily explains the hints...
Greece needs ‘far less’ money than agreed in 3rd bailout – ESM head
Greece will need less in emergency loans from international lenders than originally agreed in its third bailout programme due to a better-than-expected budgetary developments, the...
Germany wants Greece in eurozone, EU Commission sends top official to Athens
Germany on Monday backed Greece to stay in the eurozone and Brussels dispatched a senior official to Athens to persuade reluctant Greeks to take on...
EU sees eurozone economy weaken this year, Britain to halve growth by 2018
Eurozone’s economic growth is expected to lose some speed this year and to rebound in 2018 while the British economy will nearly halve its expansion...
Greece’s lenders move to patch up differences on bailout, Athens may baulk (Update 2)
Eurozone lenders and the International Monetary Fund have agreed to put aside differences and present a united front at a meeting with Greece in the...
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...
Eurogroup’s Dijsselbloem says Greek debt relief talks can resume
By Toby Sterling Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed after being frozen mid-month over...
Cyprus to be ‘out and about’ in bond markets in 2017, says Georgiades
By Marc Jones Cyprus plans to be “out and about” in bond markets next year, its finance minister said on Wednesday, after a successful first...