Schäuble gives Greece ‘deadline’ of end of June for solution
German finance minister Wolfgang Schäuble has given a “deadline” to Greece of the end of June. “The program has been extended twice.
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euro zone
Juncker: There won’t be a Grexit, but Athens is not co-operating
Greek intransigence threatens to push the continent towards financial ruin, European Commission President Jean-Claude Juncker said in an interview, and
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Greece makes IMF payment, but uncertainty over euro zone future continues
Greece’s existing cash reserves will reportedly, based on Finance Ministry estimations, be sufficient only until April 24, when the Eurogroup
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Germany dismisses Greek war reparations claims
German vice chancellor and economy minister Gabriel Sigmar has dismissed the Greek claims for war reparations, stating that the new
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Pressure mounting on Greece to reach agreement with creditors
Greece’s government told its creditors it will run out of money on April 9, Reuters news agency has reported, claiming
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Poland might need national referendum on euro adoption – president
The Polish government will only consider euro adoption once the euro zone has recovered and Poland can muster a majority
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Bank of Greece: deposits have dropped to 140.5B euro
The total deposits in Greek banks dropped to 140.5 billion euro in February, according to figures released Thursday by the
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Falling euro may help European economic growth
The surging dollar and plunging euro are making problems for U.S. exporters and bargains for American tourists and shoppers. Some
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Euro falls to near 12-year low against US dollar
Europe’s euro currency tumbled again Tuesday, falling close to a 12-year low against the dollar. The single currency used in
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