All posts tagged euro zone

Photo: Steve Ford/
April 9, 2015, by Independent Balkan News Agency

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 […]

greek euro coin

Germany dismisses Greek war reparations claims

April 8, 2015, by Independent Balkan News Agency

German vice chancellor and economy minister Gabriel Sigmar has dismissed the Greek claims for war reparations, stating that the new estimates announce ...

(Photo of  Varoufakis: German Federal Ministry of Finance, Jörg Rüger)

Pressure mounting on Greece to reach agreement with creditors

April 3, 2015, by Independent Balkan News Agency

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 ...

Photo: Steve Ford/

Poland might need national referendum on euro adoption – president

April 1, 2015, by The Warsaw Voice

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 ...

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    Bank of Greece: deposits have dropped to 140.5B euro
    March 27, 2015, by Independent Balkan News Agency

    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 […]

  • Photo:  Pedro Moura Pinheiro/
    Falling euro may help European economic growth
    March 16, 2015, by VOANews

    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 […]

  • Photo: Vangelis Thomaidis
    Euro falls to near 12-year low against US dollar
    March 10, 2015, by VOANews

    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 […]

  • greek euro coin
    German MPs approve Greek bail-out extension
    February 27, 2015, by Independent Balkan News Agency

    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 […]

  • Photo: M van den Dobbelsteen/
    JP Morgan: Outflows from Greek banks at 3 BN euro
    February 24, 2015, by Independent Balkan News Agency

    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 […]

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    Greece working on reforms to extend bailout
    February 23, 2015, by VOANews

    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 […]