Cyprus secures bailout from euro zone, IMF
Eurozone finance ministers and the International Monetary Fund have struck a deal to give cash-strapped Cyprus a bailout worth $13
Read more
euro zone
Despite setbacks, EU leaders upbeat on economic turnaround
Despite rising protests against austerity, European leaders agreed in Brussels that tough measures to turn around the region’s economy are
Read more
Europe eases austerity controls in face of high unemployment
European governments have eased austerity controls over national budgets in an effort to combat the continent’s burgeoning unemployment and stagnant
Read more
EU leaders confront new economic concerns
European leaders are gathered in Brussels for another summit, facing new concerns that their austerity policies are adding to the
Read more
Latvia asks to join euro zone
Latvia has officially asked the European Commission and the European Central Bank (ECB) for an extraordinary convergence report “in order
Read more
Euro crisis likely to dominate Kerry’s talks in Berlin
With the crisis in Syria topping his agenda, U.S. Secretary of State John Kerry arrived in Berlin late Monday on
Read more
European finance ministers meet on eurozone crisis
European finance ministers are discussing how to tackle Europe’s sovereign debt and banking crisis during a two-day meeting in Luxembourg.
Read more
The ‘Sofia’ criteria for the euro zone
The European Central Bank (ECB) published its Convergence Report (2012), in which it evaluates the progress of the members states
Read more
Obama, G20 press Europe on economic plan
Europe’s financial crisis took center stage on Monday as the Group of 20 economic summit began in Mexico. President Barack
Read more