Greece optimistic on chances for bailout package extension
Greek Finance Minister Yanis Varoufakis said Wednesday he is optimistic Greece will receive an extension of up to six months
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euro zone
Euro zone gives Greece a week to request bailout extension
Eurozone ministers gave Greece an ultimatum Monday to request an extension for its debt bailout program, despite Athens’ strong objections.
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Thousands rally in Athens on eve of EU debt talks
At least 15 000 Greeks rallied on Sunday February 15 outside parliament in Athens to protest against austerity measures they
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Greece, euro zone creditors fail to end showdown over bailout
Talks between Greece and its European creditors ended Wednesday without a compromise on the massive bailouts and corresponding austerity measures
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Greek financial crisis tests EU stability
With the left-wing Syriza political party now leading a ruling coalition in Greece, there are concerns about whether Athens will
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ECB launches economic stimulus for euro zone
The European Central Bank has launched an ambitious stimulus program aimed to stop deflation and boost the ailing, 19-member eurozone.
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Euro falls to nine-year low
The value of the euro dropped to a nine-year low against the dollar on Monday, as fears over the stability
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Lithuania joins euro zone on January 1 2015
The stroke of midnight in Vilnius, ushering in New Year 2015, saw Lithuania become the 19th European Union member state
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Small economic gain projected in euro zone up to 2016
The European Central Bank is predicting the economy in the continent’s 18-nation euro currency bloc will barely advance in the
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