Euro Zone

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Germany says third Greek aid package not on Eurogroup agenda


BERLIN - Euro zone finance ministers have no plans to discuss a possible third rescue package for Greece when they meet on Monday, a German finance ministry spokesman said on Wednesday after a Spanish minister revived the possibility of more aid for Athens.

Merkel says euro zone has hands full with existing Greek bailout programme 04 Mar 2015

BRUSSELS - German Chancellor Angela Merkel on Wednesday refused to speculate if Greece could count on a third aid package from its euro zone partners after Athens had completed its existing bailout programme.

Premature to talk about third Greek bailout - EU's Juncker 04 Mar 2015

BRUSSELS - It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, stressing the focus of talks with Athens was implementing measures already agreed with the euro zone.


Analysis - For first time in years, euro economy starts surprising on upside 04 Mar 2015

LONDON - The euro zone economy is sprouting more green shoots than anticipated just as the European Central Bank fires up a money printing programme worth more than 1 trillion euros.


Mixed messages on third Greek bailout talks 03 Mar 2015

MADRID/ATHENS - Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain's economy minister said on Monday, but EU officials said there were no such talks.

Imminent EU court ruling has implications for London and beyond 03 Mar 2015

LONDON - A top European court hands down a ruling on Wednesday that could have implications way beyond the obscure financial activities to which it directly relates, potentially ushering in a two-track EU with Britain and other non-euro zone countries out on a limb.


Grexit risk rising despite cash lifeline - investor survey 03 Mar 2015

LONDON - Chances of Greece leaving the euro zone in the next 12 months are the highest since late 2012 even though Athens's financial lifeline has been extended, a survey of investors based mainly in Germany showed on Tuesday.

Energy cost plunge pulls down euro zone producer prices in January 03 Mar 2015

BRUSSELS - Euro zone producer prices fell by more than expected in January, pulled down by plunging costs of energy, data from the European Union's statistics office Eurostat showed on Tuesday.

Greece to present specific reforms at March 9 Eurogroup - deputy PM 03 Mar 2015

ATHENS - Greece will outline the details of reforms agreed with its international lenders at a meeting of euro zone finance ministers on March 9, the country's deputy prime minister said on Monday.

Juncker says no talks in the euro zone for a third Greek bailout 03 Mar 2015

BERLIN - There are no talks about a third bailout for Greece, European Commission President Jean-Claude Juncker told Reuters in Berlin on Monday after Spain's economy minister said euro zone nations are discussing a third bailout worth 30 to 50 billion euros.


Euro zone rebuffs Spanish talk of new Greek bailout

BARCELONA/BRUSSELS - Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested on Wednesday that a new aid package for Athens was almost inevitable. | Video

French court approves Kazakh tycoon Ablyazov's extradition

PARIS - France's highest appeals court paved the way on Wednesday for the extradition to either Russia or Ukraine of jailed Kazakh tycoon Mukhtar Ablyazov, accused of embezzling up to $6 billion (3.9 billion pounds) from his former bank BTA.

World Press Photo award withdrawn after controversy

AMSTERDAM - World Press Photo withdrew one of its leading global awards for photojournalism on Wednesday after a controversy over standards that focused on allegations about the ethics of an Italian prizewinner.

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