Greece repays 3.4 bn euros to European Central Bank: sourceGreece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.
20 August 2015
Ball in Greece's court in debt talks: ECB's DraghiEuropean Central Bank chief Mario Draghi urged all sides in the negotiations on Greece "to go the extra mile", but insisted the ball was in Athens' court.
Bank of Cyprus completes $1 bn private share placementBank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.
Portugal to end EU-IMF bailout with clean breakPortugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.
05 May 2014
Spain shows fastest growth in six years: central bankSpain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said.
25 April 2014
German inflation hits three-year low in MarchThe rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official final data showed on Friday.
11 April 2014
Blast in Athens as Greece set to return to bond marketsA booby-trapped car exploded outside the Bank of Greece in central Athens early Thursday without injuring anyone, hours before Greece was due to return to the debt markets after a four-year absence.
10 April 2014
Warning bells as Portugal urged to exit bailout without bufferWith Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.
11 March 2014
IMF's Lagarde: uncertainty over health of European banksInternational Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.
10 January 2014
Greece eyes return to bond markets in 2nd half of 2014Bailed-out Greece is hoping to return to bond markets in the second half of 2014 -- but only if growth and a primary budget surplus permits, its finance minister said Sunday.
30 December 2013
Fireworks but no joy as Latvia joins eurozoneFireworks will light up the skies above Riga when Latvia adopts the euro on January 1, but on the ground the feeling will be far from festive among those fearing the impact of the switch.
27 December 2013
EU banking union too complicated, too slow: analystsAn EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.
Euro "too strong", says European Commission's TajaniEuropean Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
ECB's not set to fire 'bazooka' yet The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.
08 November 2012
ECB brings out its 'bazooka' to save euro The European Central Bank announced a massive sovereign bond buy up Thursday, brushing aside German opposition to unleash a so-called "big bazooka" against the debt crisis.
07 September 2012
Moody's downgrades EU rating outlook to 'negative' Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.