Eurozone Economy
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U.S. Recession Fears Darken Outlook For Global Growth
Gauges of factory activity released Thursday in Japan, Britain, the eurozone, and the United States all softened in June.
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Eurozone Unemployment Falls To Nine-Year Low
Unemployment in the eurozone fell in May, data showed on Monday, as joblessness in Europe continued its slow but steady fall towards pre-crisis levels.
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Italy's President Calls In Former IMF Official Amid Political Turmoil
President Sergio Mattarella summoned Carlo Cottarelli to his office after two anti-establishment parties angrily abandoned their plans to form a coalition in the face of a veto from the head of state over their choice of economy minister.
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Spanish Election Likely on December 20: Prime Minister Mariano Rajoy
Spain will probably hold national elections on December 20, Prime Minister Mariano Rajoy said today, leaving him less than four months to persuade Spaniards an economic recovery is good enough to warrant giving him a second term in office.
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For Greece, The Worst Catastrophe Now Would be to Stay in The Eurozone
A Grexit, with a managed default and devaluation to kickstart recovery, is the only deal that should be on the table.
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Mass Rival Rallies Ahead of Greece Bail Out Vote, PM Tsipras Urges People to Say 'No'
Greek Prime Minister Alexis Tsipras addressed a crowd of 25,000 people who flooded the Syntagma Square in Athens on Friday, the last day of campaigning before Sunday's referendum.
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'Everything' Must be Done to Clinch Greek Deal by Monday: France
French President Francois Hollande insisted on Friday that 'everything' must be done to seal a compromise on the Greek debt crisis before an emergency Eurozone summit in Brussels Monday.
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Italian PM Matteo Renzi Faces Test in Regional Elections
Italians are set to vote on Sunday in regional elections seen as an important test for Prime Minister Matteo Renzi and for the fading Forza Italia party of Silvio Berlusconi.
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Greece Cannot Make Debt Payment to IMF in June, Says Interior Minister
Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on Sunday, the most explicit remarks yet from Athens about the likelihood of default if talks fail.
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Prime Minister Narendra Modi's Europe Trip to Push 'Make In India'
Prime Minister Narendra Modi will take his push to turn thriving India into a major manufacturing and investment hub to the eurozone's two biggest economies this week on his maiden visit to the continent.
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Spain Says Funds For Greece Only After Reforms: Report
Greece will not receive money from the Eurozone rescue fund until it implements all of its proposed reforms, the Spanish economy minister told the Financial Times on Sunday.
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Will Not Compromise with Eurozone: Greek Prime Minister Alexis Tsipras
A combative Greek Prime Minister Alexis Tsipras said today his government would not succumb to blackmail from its euro zone partners and was in no hurry to reach a new debt agreement.
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Greece in Fighting Mood, Warns European Union
In the streets of Athens, Greeks are clinging to hope of a bailout deal after a dramatic stand-off with Brussels, but warn they would not be the only ones to pay the price of failure.
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Greek Prime Minister Easily Wins Confidence Vote
Greek Prime Minister Alexis Tsipras comfortably won a confidence vote on his plan to cancel a deeply unpopular bailout programme and challenge European leaders as both sides prepare for a showdown at meetings in Brussels this week.
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European Union-Greece Deal Possible After Talks: Italian Prime Minister
Italian Prime Minister Matteo Renzi said on Tuesday he believes Greece will be able to strike a deal with its EU partners over its massive debts.
-
U.S. Recession Fears Darken Outlook For Global Growth
Gauges of factory activity released Thursday in Japan, Britain, the eurozone, and the United States all softened in June.
-
Eurozone Unemployment Falls To Nine-Year Low
Unemployment in the eurozone fell in May, data showed on Monday, as joblessness in Europe continued its slow but steady fall towards pre-crisis levels.
-
Italy's President Calls In Former IMF Official Amid Political Turmoil
President Sergio Mattarella summoned Carlo Cottarelli to his office after two anti-establishment parties angrily abandoned their plans to form a coalition in the face of a veto from the head of state over their choice of economy minister.
-
Spanish Election Likely on December 20: Prime Minister Mariano Rajoy
Spain will probably hold national elections on December 20, Prime Minister Mariano Rajoy said today, leaving him less than four months to persuade Spaniards an economic recovery is good enough to warrant giving him a second term in office.
-
For Greece, The Worst Catastrophe Now Would be to Stay in The Eurozone
A Grexit, with a managed default and devaluation to kickstart recovery, is the only deal that should be on the table.
-
Mass Rival Rallies Ahead of Greece Bail Out Vote, PM Tsipras Urges People to Say 'No'
Greek Prime Minister Alexis Tsipras addressed a crowd of 25,000 people who flooded the Syntagma Square in Athens on Friday, the last day of campaigning before Sunday's referendum.
-
'Everything' Must be Done to Clinch Greek Deal by Monday: France
French President Francois Hollande insisted on Friday that 'everything' must be done to seal a compromise on the Greek debt crisis before an emergency Eurozone summit in Brussels Monday.
-
Italian PM Matteo Renzi Faces Test in Regional Elections
Italians are set to vote on Sunday in regional elections seen as an important test for Prime Minister Matteo Renzi and for the fading Forza Italia party of Silvio Berlusconi.
-
Greece Cannot Make Debt Payment to IMF in June, Says Interior Minister
Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors, its interior minister said on Sunday, the most explicit remarks yet from Athens about the likelihood of default if talks fail.
-
Prime Minister Narendra Modi's Europe Trip to Push 'Make In India'
Prime Minister Narendra Modi will take his push to turn thriving India into a major manufacturing and investment hub to the eurozone's two biggest economies this week on his maiden visit to the continent.
-
Spain Says Funds For Greece Only After Reforms: Report
Greece will not receive money from the Eurozone rescue fund until it implements all of its proposed reforms, the Spanish economy minister told the Financial Times on Sunday.
-
Will Not Compromise with Eurozone: Greek Prime Minister Alexis Tsipras
A combative Greek Prime Minister Alexis Tsipras said today his government would not succumb to blackmail from its euro zone partners and was in no hurry to reach a new debt agreement.
-
Greece in Fighting Mood, Warns European Union
In the streets of Athens, Greeks are clinging to hope of a bailout deal after a dramatic stand-off with Brussels, but warn they would not be the only ones to pay the price of failure.
-
Greek Prime Minister Easily Wins Confidence Vote
Greek Prime Minister Alexis Tsipras comfortably won a confidence vote on his plan to cancel a deeply unpopular bailout programme and challenge European leaders as both sides prepare for a showdown at meetings in Brussels this week.
-
European Union-Greece Deal Possible After Talks: Italian Prime Minister
Italian Prime Minister Matteo Renzi said on Tuesday he believes Greece will be able to strike a deal with its EU partners over its massive debts.
