The sale was timed for earlier in the week, but was postponed amid global stock market turmoil

A week into his new job as Eurogroup president, Portugal's Mario Centeno will lead Monday's meeting of eurozone fianance ministers.

Ever since the 2008 financial crisis, the largest banks in the eurozone are closely supervised by the European Central Bank. But a new report from the European Court of Auditors says there's still room for improvement - particularly when it comes to crisis management.

The 9th of August 2007 probably means little to most people, but for the financial world it is a day etched on the memory. Generally considered to

The crucial deal will allow a series of loans to be released to the embattled country, to help it meet its upcoming debt payments.

Rio de Janeiro state workers have clashed with police during a demonstration against both President Michel Temer and Rio’s state governor Luiz

A compensation court case against Royal Bank of Scotland has been postponed after the lender made a last-minute settlement offer to investors.

The British government has sold its last remaining stake in bailed out Lloyds Banking Group claiming to have made a profit, but that is disputed.

EU Economic Affairs Commissioner Pierre Moscovici says incoming president Emmanuel Macron must work on permanently reducing France's budget deficit.

Thousands of elderly Greeks have taken to the streets of Athens to protest against further pension cuts currently being negotiated.

The past troubles at Germany's biggest bank mean it is asking investors to buy an additional eight billion euros worth of new shares.

Japanese household name Toshiba is in crisis after huge losses and the possible sell-off of its nuclear division, threatening a new nuclear plant project in the UK.

Italy's biggest bank UniCredit is selling 13 billion euros of new shares to rebuild its capital reserves following writedowns on bad loans.

European Central Bank head Mario Draghi has called the US administration's idea of relaxing bank rules "very worrisome".

Cold weather, a flu epidemic and overcrowding are among the causes that have plunged hospitals in several European countries into a care crisis.