BREAKING NEWS

Eurozone crisis recovery plans

Europe

Eurogroup approves launch of Greece bailout talks

The Eurogroup is seeking 7 billion euros of bridge financing for Greece from the European Financial Stability Fund from which Greece will be able to

The Eurogroup is seeking 7 billion euros of bridge financing for Greece from the European Financial Stability Fund from which Greece will be able to

Business

Draghi sees ECB stimulus measures "gaining momentum"

The European Central Bank’s President Mario Draghi says the euro zone’s recovery is gaining momentum and that new stimulus measures will succeed

The European Central Bank’s President Mario Draghi says the euro zone’s recovery is gaining momentum and that new stimulus measures will succeed

Europe

Moscovici rebuffs 'bias' suggestions

Former French Finance Minister Pierre Moscovici says he won’t shy away from criticising France’s public spending plans. MEPs has expressed concern

Former French Finance Minister Pierre Moscovici says he won’t shy away from criticising France’s public spending plans. MEPs has expressed concern

Business

Eurozone economic torpor overshadows ECB policy meeting

There was more gloomy news for the European Central Bank’s policymakers, with word that eurozone businesses grew at the slowest pace this year in

There was more gloomy news for the European Central Bank’s policymakers, with word that eurozone businesses grew at the slowest pace this year in

Business

PMI report suggests eurozone slowdown

Latest figures suggest the pace of the eurozone’s recovery is slowing despite some positive news from the bloc’s peripheral economies.

Latest figures suggest the pace of the eurozone’s recovery is slowing despite some positive news from the bloc’s peripheral economies.

Business

OECD cuts global growth forecast, but eurozone's is boosted

A downgrade in the Organisation for Economic Cooperation and Development’s global growth forecast has been accompanied by a warning that the richer

A downgrade in the Organisation for Economic Cooperation and Development’s global growth forecast has been accompanied by a warning that the richer

Europe

MEPs back law aimed at reducing risk of failing banks to taxpayer

MEPs have given their seal of approval to an EU backstop that aims to reduce the risk of taxpayers having to bail out banks in the future. Under

MEPs have given their seal of approval to an EU backstop that aims to reduce the risk of taxpayers having to bail out banks in the future. Under

Business

Eurozone growth stays on track, PMI survey shows

The pace of business growth in the eurozone remains steady with France’s private sector, bucking forecasts in March, to show its biggest expansion in

The pace of business growth in the eurozone remains steady with France’s private sector, bucking forecasts in March, to show its biggest expansion in

Business

Top German court confirms legality of eurozone bailout fund

Germany’s Constitutional Court has confirmed the eurozone’s bailout fund is legal. At issue was the 700 billion euro fund known as the European

Germany’s Constitutional Court has confirmed the eurozone’s bailout fund is legal. At issue was the 700 billion euro fund known as the European

Business

Eurozone inflation falls to four-year low

The Eurozone’s Consumer Price Index fell to its lowest inflation level in four years in February. Revised data put inflation at 0.7% per annum

The Eurozone’s Consumer Price Index fell to its lowest inflation level in four years in February. Revised data put inflation at 0.7% per annum

Business

ECB holds rates at record low, Draghi talks down deflation risk

The European Central Bank has left interest rates at a record low at 0.25 percent, but said it remained ready to act in the face of risks to the

The European Central Bank has left interest rates at a record low at 0.25 percent, but said it remained ready to act in the face of risks to the

Europe

MEPs want better EU bank deal

MEPs have told European Union governments to come up with a stronger plans to save failed banks in Europe. A backstop of 55 billion euros has been

MEPs have told European Union governments to come up with a stronger plans to save failed banks in Europe. A backstop of 55 billion euros has been

Europe

MEPs vote against aid cut for EU's poor.

MEPs voted against a plan to cut aid to the EU’s poorest people in a parliamentary motion on Wednesday. EU countries, along with the European

MEPs voted against a plan to cut aid to the EU’s poorest people in a parliamentary motion on Wednesday. EU countries, along with the European

Business

Draghi hails eurozone stablity

Ten month on from his “whatever it takes” to save the euro speech, the head of the European Central Bank has told a gathering of bankers in the City

Ten month on from his “whatever it takes” to save the euro speech, the head of the European Central Bank has told a gathering of bankers in the City

Business

Euro slumps on ECB Draghi's comments

The European Central Bank has said it will monitor what impact the stronger euro is having on the region’s economy to make sure it does not derail

The European Central Bank has said it will monitor what impact the stronger euro is having on the region’s economy to make sure it does not derail

Business

Eurozone's new year challenges

It may be a new year, but there is little new hope for the eurozone. Having headed off a break up – through Greece and maybe others dropping out –

It may be a new year, but there is little new hope for the eurozone. Having headed off a break up – through Greece and maybe others dropping out –

Nocomment

Christmas Day volunteers in Greece

A former homeless person volunteers at a Greek Orthodox church food distribution centre on Christmas Day.  

A former homeless person volunteers at a Greek Orthodox church food distribution centre on Christmas Day.  

News

Eurogroup approves delayed funds for Greece

European finance ministers have agreed to release the next instalment of Greece’s much-needed loan. This next payment of 34.4 billion euros had

European finance ministers have agreed to release the next instalment of Greece’s much-needed loan. This next payment of 34.4 billion euros had

News

Clinton aims to fix future path of US-EU policy

US Secretary of State Hillary Clinton’s upcoming visit to Europe, number 38, is likely to be her last in the office; she is expected to step down in

US Secretary of State Hillary Clinton’s upcoming visit to Europe, number 38, is likely to be her last in the office; she is expected to step down in

Europe

European Commission agrees to support ailing European car industry

Peugeot, Opel, Ford … successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission

Peugeot, Opel, Ford … successive closures in Europe mean the car sector is struggling. In an action plan presented today, the European Commission

Business

France and Belgium agree fresh cash injection for Dexia

France and Belgium have agreed to inject 5.5 billion euros into Dexia, after the lender made another substantial loss. The two states pumped 6.4

France and Belgium have agreed to inject 5.5 billion euros into Dexia, after the lender made another substantial loss. The two states pumped 6.4