European Crisis

Merkel flags Greek challenges

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German leader says 'very, very intensive work' needed to secure positive bailout resolution.

EU outlook 'brighter than for 7 years'

by AFP
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Draghi says economic skies are clearing after seven years of tumult in eurozone.

BoE official eyes larger oil-price boost to growth

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Policymaker says short-term booster to UK economy may be larger than thought.

Asset purchases 'progressing smoothly': ECB

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Central bank minutes show wide agreement bank's QE program smooth since implementation.

Russia eyes 2.5% contraction in 2015

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Finance Ministry's latest forecast for 2015 the most optimistic this year.

UK retail sales revive in April

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Rebound suggests UK economy might grow at stronger pace in second quarter.

Greek PM to meet France, Germany in Riga

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Sideline talks to seek resolution to Greece's drawn-out bailout negotiations.

Eurozone growth slows again in May

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Second consecutive fall in purchasing managers index points to roadbumps in region's recovery.

Spain to make EU bailout payment

by AFP
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Spain plans to pay back €2.5bn in 2012 bailout loans ahead of agreed schedule.

Germany says 'Grexit' is possible

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Wolfgang Schäuble turns cautious, says prospect of a Greek default can't be ruled out.

Greek deal still possible: Moscovi

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European Union's economics commissioner says talks accelerating, still have a long way to go.

Eurozone construction lifts in Q1

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Print signals region's businesses, households becoming more willing to invest.

BoE sees faster UK growth in Q2

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MPC minutes show bank expects falling food and energy prices to boost household incomes.

Fiscal pressure is set to force the Greek PM’s hand

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If Greece's creditors maintain their hardline stance, the Greek Prime Minister will have to choose between his party’s legitimacy and the country’s economic stability.

ECB to ramp up bond purchases

by AFP
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Coeure says central bank will temporarily ramp up QE program to account for summer lull.

German economic sentiment hits 5-month low

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Official data signals Germany's economic upswing may be losing steam.

Eurozone exports boosted by weaker euro

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European Union figures show lower currency aiding economic recovery.

UK consumer prices fall in April

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Official data shows first annual inflation decline in over 50 years.

ECB ready to go further: Noyer

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French policy maker says ECB will take new steps if current QE program proves insufficient.

It's denouement time in the Greek play

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As the government's funds dwindle and tensions with creditors mount, it's becoming increasingly obvious that the Greek debt negotiations have entered the end game.

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