RIGA - France's Finance Minister Michel Sapin urged Greece on Friday to present detailed reform proposals to allow for a deal with its euro zone peers, saying he had not seen fresh proposals from Greece yet.
BRUSSELS - Greece and the institutions representing its official creditors will start discussions on a list of economic reforms submitted by Athens on Friday evening, a euro zone official said.
FRANKFURT - Germany's surplus does not pose a problem for other members of the euro zone, Finance Minister Wolfgang Schaeuble said on Friday, answering critics of its export-driven economy.
LONDON - The European Central Bank has quietly shelved its policy of requiring clearing houses handling euro-denominated securities to be located inside the euro zone, after the measure was rejected by a top European court, a source at the central bank said.
BERLIN - A Greek exit from the euro zone would not cause much trouble for Germany, Europe's largest economy, the head of the BDA German employers' association said in a newspaper interview published on Friday.
FRANKFURT - Debt in the euro zone has entered the "danger zone", the head of Germany's Bundesbank said on Friday, calling for banks' exposure to the debt of individual countries to be capped.
ATHENS - The head of Greece's bank rescue fund maintained on Thursday that Athens has a legal claim to 1.2 billion euros in the euro zone's bailout fund, a day after European officials rejected its request.
ROME - Bond-buying by the European Central Bank will reinforce the euro zone's economic recovery, its president, Mario Draghi, said on Thursday, adding that there was already evidence that the scheme was taking effect.
MADRID/MILAN - The euro zone credit cycle is a whisker away from turning positive but don’t expect a rapid recovery.
LAUSANNE, Switzerland - The foreign ministers of France and Germany joined the top U.S. and Iranian diplomats on Saturday to help break an impasse in nuclear negotiations as major powers and Iran closed in on a two- or three-page accord that could form the basis of a long-term deal. | Video
PARIS - The far-right National Front strengthened its presence in France's grassroots politics on Sunday in a second round of local elections that TV exit polls showed was won by ex-president Nicolas Sarkozy's conservatives. | Video
BEIJING - The chairman of China National Chemical Corp (ChemChina) said on Sunday he hopes to re-list Italy's Pirelli on the Italian stock exchange after his firm agreed earlier this month to acquire the world's fifth-largest tyre maker.