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Eurozone crisis News

EU Commission chief Jean-Claude Juncker

13 Mar 2015

EU`s Juncker says not enough progress on Greece bailout

EU Commission chief Jean-Claude Juncker complained Friday about a lack of progress in talks on Greece`s bailout, but insisted there was no chance of a failure that could drive the country out of the eurozone.

24 Feb 2015

Spain`s economy to grow by 2.4% in 2015: PM

Prime Minister Mariano Rajoy predicted Tuesday that Spain`s economy, the eurozone`s fourth largest, could grow by 2.4 percent in 2015, raising the previous 2.0 percent forecast.

Eurozone crisis

24 Feb 2015

Greece creditors cautiously welcome reform plans

Greece edged closer to eurozone survival Tuesday as its international creditors and hold-out Germany looked ready to approve the reforms they had demanded of Athens in return for extending its bailout programme.

Greece privatisation

24 Feb 2015

Greece pledges to respect privatisations, avoid budget dera

Greece has promised not to roll back any ongoing or completed privatisations and ensure that any state spending to address a "humanitarian crisis" does not hurt its budget, according to a document containing its reform plans seen by Reuters on Tuesday.

oil price slide

23 Feb 2015

Oil prices extend slide

Oil prices slid Monday, extending last week`s sharp decline as the dollar strengthens on eurozone strains and record supplies in the United States add further downward pressure.

Prime Minister Alexis Tsipras

21 Feb 2015

Greece races to finalise reforms after tough bailout deal

Greece was under pressure Saturday to finalise reform proposals that would keep its loan lifeline open after an EU compromise deal clipped its anti-austerity ambitions.

Irish finance minister Michael Noonan

21 Feb 2015

Greek banks would have collapsed in days without deal - Irish finance minister

Greece`s banking system would have collapsed within days had Athens not compromised significantly and struck a funding agreement with euro zone ministers, Irish Finance Minister Michael Noonan said on Saturday.

16 Feb 2015

Asia stocks climb after Wall St record, eyes on Greek talks

Asian markets advanced Monday following a record close on Wall Street, while Greece`s leadership said it was confident it could hammer out a new debt deal with European creditors.

26 Jan 2015

Euro hits 11-year low on Greece fears, equities muted

The euro sank to an 11-year low Monday and Asian equities were muted after an anti-austerity party won Greece`s election, throwing its international bailout into doubt and raising fears it could leave the eurozone.

Margaret Thatcher

03 Nov 2014

Euro crisis firms German power, 25 years after Berlin Wall

Fast forward to Athens in 2012, at the height of the eurozone crisis, and that domination appeared to have come to pass.

Jean-Claude Juncker

19 Oct 2014

EU's Juncker faces make-or-break week

With the eurozone on the verge of a new crisis, the risk of spillover from turmoil in the Middle East, and relations with Russia still tense over Ukraine, Europe is under pressure from all sides to act.

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