"Brexit is going to be pretty bad for the UK but I also think it's going to be pretty bad for Europe"
""The concept of closing the doors to immigrants is repugnant to the concept of America.""
Governor of New York
""Russia I think could initiate hostilities sooner than we expect.""
General Sir Nick Carter
Chief of the General Staff, British Army
""These are useful skills in life, because you never know what you can expect.""
Student, Yevpatoria School
""There are still too many people who are left out of that recovery and acceleration of growth.""
IMF Managing Director
"Give up attempts to solve the existing problems by force."
Russian Foreign Minister
""Inequality is not inevitable, it's not like the weather. It's a policy choice.""
Oxfam’s head of policy on inequality.
""It's unbecoming for a cardinal to ski badly.""
Pope John Paul II
Eurozone finance ministers have agreed a key step towards a plan for a banking union – how to ensure financing for closing lenders down.
Eurozone finance ministers say they have created a framework for a banking union for the single currency bloc and reached a political understanding
European Union finance ministers meeting in Brussels are on track to agree the creation of a banking union before the end of the year.
Such a union
European finance ministers have so far failed to reach an agreement on who should pay up when banks collapse.
An 18 hour meeting in Luxembourg
Way back in 2004, when most of Europe was not worried about budget deficits, Hungary was in trouble.
As it joined the EU, Brussels decreed
Efforts by cash-strapped Cyprus to restructure its banking systems have been praised at a meeting of Eurozone finance ministers in Brussels. The
Eurozone ministers have met in Brussels to discuss how Portugal and Ireland can return swiftly to borrowing from the capital markets.
Eurozone finance ministers are set for fresh talks on a bailout for Cyprus.
They will start on Monday at a Eurogroup meeting and a senior eurozone
On the agenda for Ecofin’s roundtable meeting in Brussels – EU banking union and the next chapter in the story of the Greek debt crisis.
Finance ministers meeting in Luxembourg have backed controversial plans for a European financial transaction tax, despite strong UK opposition.
Greece may be given more time to get its finances in order and Spain seems to inching closer to making a formal request for a bailout – those were
EU finance ministers meeting in Brussels have agreed tougher capital rules for banks, resolving years of sparring between Britain and the rest of the
European finance ministers have met in Brussels to try to strike a deal on so-called bank capital cushions.
EU states continue to remain deeply
In Brussels, the mood was one of congratulation that the marathon to agree Greece’s second major rescue – in principle – was finally at an end. Much
European finance ministers — meeting in Brussels —have been pushing investors holding Greek government bonds to accept lower amounts as part of a
Europe’s money men say they have reached a deal on two fronts to help fight the bloc’s chronic debt crisis.
The second day of talks in Luxembourg
Eurozone finance ministers meeting in Luxembourg have given Greece five out of ten for attempts to cut their budget deficit while saying they could
The euro zone’s top money men have been meeting in Luxembourg with no hope of releasing a vital block of financial aid for Greece.
The gathering of
As Greece slips nearer to the abyss of sovereign default, euro zone finance ministers are meeting in Luxembourg to discuss whether the country has
The irony will not have been lost on Timothy Geithner. Despite economic problems of his own back home, the US Treasury Secretary was personally