Euro Zone

Topics also related to Euro Zone:

Greece's Varoufakis warns of Grexit contagion

Photo

MADRID - Greece's Finance Minister Yanis Varoufakis said in an interview broadcast on Sunday that if Greece were to leave the euro zone, there would be an inevitable contagion effect. "Anyone who toys with the idea of cutting off bits of the euro zone hoping the rest will survive is playing with fire," he told La Sexta, a Spanish TV channel, in an interview recorded 10 days ago.

Photo

Euro working group to meet Wednesday, deal still sought: Greek official 2:13pm BST

ATHENS - Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official told Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid.

Russia gas deal would not solve Greece's problems - Schaeuble 18 Apr 2015

WASHINGTON - German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems.

Photo

Eurogroup head warns against a game of chicken with Greece 18 Apr 2015

WASHINGTON - Greece and the euro zone should not play a game of chicken to see who can hold out longer in negotiations about more lending to Athens in exchange for reforms, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Friday.

Photo

No cash for Greece until reforms agreed -Dombrovskis 17 Apr 2015

WASHINGTON - Despite tightening liquidity, Greece is unlikely to get any money from euro zone finance ministers at an April 24 meeting because it is dragging its feet on reforms, European Commission Vice President Valdis Dombrovskis said on Friday.

Greek debt relief a possibility once bailout reforms in place - Eurogroup head 17 Apr 2015

WASHINGTON - Euro zone lenders could deliver on their 2012 promise to help ease Greece's debt burden only once Athens implements reforms agreed under its international bailout, the chairman of euro zone finance ministers Jeroen Dijsselbloem said.

Photo

Prices start to rise in euro zone, easing deflation fears 17 Apr 2015

BRUSSELS - Consumer prices in the euro zone rose for the second straight month in March, not enough to pull annual inflation out of negative territory but another positive sign as the currency bloc looks to escape prolonged deflation.

Photo

Germans downbeat on chances of Greek deal next week 16 Apr 2015

NEW YORK/ATHENS - Germany's finance minister said on Wednesday there was no prospect of the euro zone reaching a deal with Athens next week on economic reforms that would unlock bailout funds, potentially leaving Greece perilously short of money.

Photo

Germans downbeat on chances of Greek deal next week 16 Apr 2015

NEW YORK/ATHENS - Germany's finance minister said on Wednesday there was no prospect of the euro zone reaching a deal with Athens next week on economic reforms that would unlock bailout funds, potentially leaving Greece perilously short of money.

Photo

Schaeuble says markets have priced in all scenarios for Greece 15 Apr 2015

NEW YORK - German Finance Minister Wolfgang Schaeuble said on Wednesday that there were no signs that financial markets were worried about a possible Greek default or exit from the euro zone, saying it appeared that all scenarios for the country were already "priced in".

Photo

Germanwings crash families could seek damages in the U.S. - lawyer

FRANKFURT - Families of the victims of the Germanwings crash are considering filing a claim for damages in the United States if they cannot reach agreement with parent airline Lufthansa in Germany, a lawyer representing the families said on Sunday.

Sika wants to buy Burkard stake to thwart French takeover - paper

ZURICH - Sika's board of directors wants to buy out the company's major shareholder to try to stop a takeover of the Swiss chemicals business by France's Saint-Gobain , SonntagsZeitung newspaper reported, citing two unnamed sources.

Photo

Hundreds drown off Libya, EU leaders forced to reconsider migrant crisis

PALERMO, Italy - As many as 700 migrants were feared dead on Sunday after their boat capsized in the Mediterranean, raising pressure on Europe to face down anti-immigrant bias and find money for support as turmoil in Libya and the Middle East worsens the crisis.

Topics also related to Top News: