ATHENS Future talks on debt relief for Greece will focus on the debt's net present value, Greek deputy central bank governor Ioannis Mourmouras told a business conference on Tuesday, endorsing the approach favoured by euro zone governments.
ATHENS Greece will close the first review of its reforms under the current bailout programme in December, Greek Economy Minister George Stathakis told a business conference on Tuesday, a deadline many euro zone officials see as very ambitious.
LONDON, Euro zone manufacturing growth picked up to a 19-month high in November but the pace was still relatively modest, adding to pressure on the European Central Bank to ease policy again, a survey showed on Tuesday.
ATHENS Greece wants a deal on debt relief with its euro zone creditors in February to remove financial uncertainty and spur economic recovery, its finance minister said, but euro zone officials said that timetable was very ambitious and likely to slip.
LONDON The FTSE underperformed euro zone indexes on Monday, missing out on the benefit from a weak euro and hindered by falls in mining company BHP Billiton and Aberdeen Asset Management.
ATHENS Greece and its euro zone creditors are likely to conclude their first review of Greek reforms early in 2016, paving the way for discussions on debt relief for Athens, the European Commission's mission chief to Greece Declan Costello on Monday.
BRUSSELS A new euro zone fund for troubled banks will become operational from January as planned because a sufficient number of member states have completed the legal procedures, EU officials said on Monday.
DUBLIN A new euro zone fund for troubled banks may face a one-month delay and not go live in January, a prospect that would be a major embarrassment for a critical element of banking union, its chair said on Friday.
BRUSSELS Euro zone economic sentiment was stable in November, as improved confidence among consumers was offset by lower morale among manufacturers, but inflation expectations jumped in both sectors, European Commission data showed on Friday.
FRANKFURT Euro zone central bank officials are considering options such as whether to stagger charges on banks hoarding cash or to buy more debt ahead of the next European Central Bank meeting, according to officials.
BRUSSELS The NATO allies decided on Tuesday to hold alliance troop levels in Afghanistan steady at about 12,000 next year and launched a campaign to fund the 350,000 Afghan forces it hopes can some day secure the country against Taliban militants.
BERLIN Air France-KLM's Transavia airline is to become the first low-cost carrier to set up a base at Munich airport as it expands to compete with budget rivals Ryanair, easyJet and Lufthansa's Eurowings.
ROME The anti-establishment 5-Star Movement, which polls suggest could win Italy's next election, is seeing its rise threatened by a mounting garbage crisis in one of the cities it governs.