Euro Zone

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Reuters poll - 40 percent chance Greece exits the euro zone: traders

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BENGALURU - There is a 40 percent chance Greece will leave the euro zone, according to a Reuters poll of money market traders in which just over half said the country could stay in the bloc even if it defaults on its debt payments.

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Spain to bid for euro zone chair in challenge to Dijsselbloem 25 Apr 2015

RIGA - Spain will make a bid to EU leaders in the coming weeks to take over as chair of euro zone finance ministers' meetings, Spanish Economy Minister Luis de Guindos said on Saturday, seeking a post that shapes key policies in the single currency bloc.

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Euro zone warns Greece no cash till full reform deal 24 Apr 2015

RIGA - Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy. | Video

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European governments have largely failed to reform - EU document 24 Apr 2015

RIGA - European governments have failed to implement most of the reforms that could help bring down the EU's chronic unemployment problem and are doing less as the euro zone crisis ebbs, according to an EU document presented to finance ministers.

Greece's Varoufakis says willing to compromise to reach deal 24 Apr 2015

RIGA - Greece is willing to make compromises to reach a deal on its debt, Finance Minister Yanis Varoufakis said on Friday after tense talks with his euro zone peers on this issue.

Greece's Varoufakis says euro zone should split up funding in return for reforms 24 Apr 2015

RIGA - The euro zone and Greece would reach a deal faster if creditors agreed to partial disbursements in return for a narrower list of reforms, Finance Minister Yanis Varoufakis told a news conference in Riga.

Greece's Varoufakis says talks with euro zone have made progress 24 Apr 2015

RIGA - Greek Finance Minister Yanis Varoufakis said on Friday that talks with his euro zone peers had improved dramatically over the past few weeks but criticised some plans put forward, such as a foreclosures law demanded by creditors.

Eurogroup head Dijsselbloem says discussion of Greece was 'very critical' 24 Apr 2015

RIGA - Greek Finance Minister Yanis Varoufakis faced sharp criticism from his euro zone peers on Friday for failing to so far provide a list of detailed reforms, Jeroen Dijsselbloem, the chairman of the euro zone finance ministers, told a news conference.

No third Greek bailout until current talks completed - Dijsselbloem 24 Apr 2015

RIGA - A third bailout for Greece can be negotiated once current talks with Athens are concluded, Jeroen Dijsselbloem, the chairman of the euro zone finance ministers, said on Friday.

Greece needs detailed reform list to receive funds - Dijsselbloem 24 Apr 2015

RIGA - Greece still needs to deliver a list of reforms to receive funding, Jeroen Dijsselbloem, the chairman of the euro zone finance ministers, said on Friday, saying Athens needs to pick up the pace of its work.

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Insight - Two migrant sisters from Syria, now worlds apart

BEIRUT - In a small town south of Beirut, Fawziyeh keeps her apartment immaculately clean despite its crumbling walls and the plastic sheets flapping across its windows. She shares the three-bedroom flat with 12 others including her five children – all, like her, refugees from Syria.

Exclusive - "Forced to captain migrant boat at gunpoint"

TUNIS - The Tunisian man accused of piloting a migrant boat that sank off Libya, killing more than 700 people, is himself a migrant who was forced at gunpoint to captain the ship because of his experience as a fisherman, his brother said on Saturday.

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Italy's Renzi appeals to party rebels to pass electoral reform

ROME - Prime Minister Matteo Renzi appealed on Monday to dissidents within his party to support a fiercely contested proposal for electoral reform, saying the dignity of the ruling Democratic Party (PD) is at stake.

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