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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.