European Crisis

Debt needs restructuring: Greek PM

by AP
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Tsipras says Greece won't be able to repay bailout debts without eventual restructure.

Eurozone business confidence jumps in March

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Pick-up reflects optimism on effects of low oil prices, weaker euro, ECB easing.

Greek bailout in further doubt

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Proposals for a revised bailout program need more detail to satisfy international creditors.

Fitch cuts Greece rating on default risks

by AFP
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Ratings agency moves nation to 'CCC' from 'B', but still foresees deal with EU, IMF.

Eurozone inflation seen improving in March

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Fresh signs 19-nation bloc is recovering from economic malaise.

ECB staff complain of burnout

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Letter claims near one-third of staff at risk of burnout, seek cultural change.

Greece to send list of economic overhauls to creditors

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Government officials say the list hoped will unlock bailout aid is ready.

Spanish deficit falls sharply in 2014

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Madrid meets European Commission target for the first time since 2008.

No one knows how to solve Greece: Austria

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Austrian Finance Minister decries 'crisis of trust' as Athens scrambles to compile reform list.

UK deflation unlikely: BoE's Broadbent

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Monetary policy deputy says falls driven by oil prices, CPI on track to rise 'quite steeply' in early 2016.

How the ECB saved the eurozone without spending a cent

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The ECB's outright monetary transaction program was one of the most effective in the recent history of central banking -- and it didn't cost them a single euro.

Greece rushes to satisfy creditors

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Athens hoping to deliver reform plans on Monday, will seek EU approval by Wednesday.

Households are keeping the UK recovery on track

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Household spending and jobs growth are underpinning the UK's recovery, but a number of challenges remain.

The Fed and the ECB face off

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The expansionary monetary policies of the ECB and the Bank of Japan will make it more difficult for the Federal Reserve to achieve policy normalisation.

Greeks withdrawing cash at high rate

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Greek bank deposits plunge to an almost 10-year low in February amid Grexit fears.

Draghi sees no scarcity of bonds

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ECB president says central bank's bond buying program will reach €60bn by end of month.

Spain set to grow 2.8% in 2015

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Spanish central bank lifts outlook, says consumer prices boosting internal demand.

BoE flags UK financial stability risks

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BoE says risks still elevated, range from Greek woes to diverging central bank policies.

EU to open extensive e-commerce probe

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Antitrust regulator names Google, Amazon amid new scrutiny on cross-border online trade.

Eurozone's private sector loans contract slightly in Feb

by AFP
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Official data shows money supply accelerated in the month.

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