Greece’s existing cash reserves will reportedly, based on Finance Ministry estimations, be sufficient only until April 24, when the Eurogroup is due to hold its next meeting, with the Greek […]
German vice chancellor and economy minister Gabriel Sigmar has dismissed the Greek claims for war reparations, stating that the new estimates announce ...
Greece’s government told its creditors it will run out of money on April 9, Reuters news agency has reported, claiming that Athens made an appea ...
The Polish government will only consider euro adoption once the euro zone has recovered and Poland can muster a majority amongst its own citizens favo ...
The total deposits in Greek banks dropped to 140.5 billion euro in February, according to figures released Thursday by the Bank of Greece. Depositors withdrew funds totalling 7.6 billion euro […]
The surging dollar and plunging euro are making problems for U.S. exporters and bargains for American tourists and shoppers. Some top economists say the currency mismatch could, eventually, help revive […]
Europe’s euro currency tumbled again Tuesday, falling close to a 12-year low against the dollar. The single currency used in the 19-nation eurozone dropped to $1.07, the lowest point since […]
The Bundestag voted overwhelmingly in favour of the four-month extension of the Greek bailout on February 27, achieving the biggest majority for any vote on euro zone bailouts since the […]
The outflow of deposits from Greek banks last week amounted to about three billion euro, according to estimates by JP Morgan, before the agreement reached Friday at the Eurogroup meeting between […]
Greek leaders worked Sunday on a package of economic reforms to present to their European creditors as part of the agreement to extend the Athens bailout for four months. The […]