European Crisis

Greek market to reopen Monday

by AFP
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Senior EU-IMF auditors hold first meetings on bailout as Athens stock market prepares to reopen.

EU inflation and jobless rate steady

by AFP
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​Inflation in the 19-nation eurozone was unchanged in July while the jobless rate for June was also flat.

Greek PM called for Grexit contingency

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Tsipras admits in parliament to making contingency plans in case Greece was forced from the euro.

Syriza to hold emergency congress

by AFP
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Greek party to hold congress in September as deep divisions form over bailout reforms.

IMF warns Greece bailout will take time

by AFP
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Fund says final deal still 'some time' away, difficult decisions needed on both sides.

Greek PM calls party congress on bailout

by AFP
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Tsipras proposes party referendum on bailout in order to quell unease within Syriza.

German July jobless claims rise

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German jobless claims unexpectedly gain in July but unemployment rate stable at 6.4%.

Eurozone businesses unruffled by Greece

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An EC survey shows surprising strengthening in confidence across businesses in the Eurozone.

When monetary folly is not enough

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Proposals for closer European fiscal integration are doomed to fail. Instead of binding countries closer together, it could drive them further apart.

Greek PM threatens snap vote

by AFP
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Tsipras warns of early elections if hardliners in his party continue to resist new bailout deal.

ECB keeps loans to Greek banks steady: source

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ECB leaves emergency lending to Greek banks unchanged due to no request for increase, a source says.

UK mortgage lending hits 7-yr high

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Mortgage lending jumps by largest amount in 7 years as UK housing market activity picks up.

Greece to reopen Athens stock market

by AFP
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Athens will soon give the all-clear for stock exchange to open for first time since June 26.

UK economy accelerates in Q2

by AP
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The UK economy grew 0.7% in the second quarter, a pickup from the 0.4% rate in the previous quarter.

Eurozone risks extend past Greece: IMF

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Fund's annual review finds euro bloc needs reform in order to better compete with US economy.

Greece, creditor talks start in Athens

by AFP
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Representatives of Greece's EU-IMF creditors have arrived in Athens and begun talks on a third bailout package.

Inflation data suggest more ECB support

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ECB publication suggests that underlying inflation in the Eurozone might not be at a steady turnaround point.

Eurozone private sector loans stagnate

by AFP
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Eurozone loans to the private sector - a gauge of economic health - increased slightly year-on-year in June.

German business confidence improves

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German business confidence improved more than expected in July, pointing to robust growth in Europe's largest economy this year.

New Greek bailout talks to begin

by AFP
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European Stability Mechanism to join the troika to help hammer out third bailout package.

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