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Greek deal closer, euro zone finance ministers to meet May 9


BRUSSELS Greece and its international lenders are close to a deal on a package of bailout reforms and are working to agree further contingency steps by May 9 when an extraordinary meeting of euro zone finance ministers will be held in Brussels, EU officials said on Thursday.

Euro zone finance ministers to meet on Greece on May 9 28 Apr 2016

BRUSSELS Euro zone finance ministers will hold an extraordinary meeting on May 9 in Brussels on Greece, the spokesman for the chairman of the eurogroup said on Thursday.


Euro zone economic sentiment rises more than expected in April 28 Apr 2016

BRUSSELS Euro zone economic sentiment improved more than expected in April and inflation expectations among companies and consumers rose, data from the European Commission showed on Thursday.


Eurogroup Greece meeting might be next week or week after - Dijsselbloem 28 Apr 2016

PARIS Euro zone finance ministers could meet next week or the week after to discuss Greece, Eurogroup chief Jeroen Dijsselbloem said on Wednesday.


EU's Tusk urges Eurogroup to set date for Greece talks within days 27 Apr 2016

BRUSSELS Euro zone finance ministers should set a date for a meeting on Greece within days to avoid renewed uncertainty over the country's ability to finance itself, European Council President Donald Tusk said on Wednesday.


Germany's Schaeuble says finance ministers in charge of Greek bailout review 27 Apr 2016

BERLIN German Finance Minister Wolfgang Schaeuble said on Wednesday that the Eurogroup of euro zone finance ministers was in charge of reviewing the Greek bailout programme and Athens' progress in implementing agreed reforms.

More talks on Greece needed before Eurogroup can meet again, Germany says 27 Apr 2016

BERLIN More talks on experts level are needed on the Greek bailout programme before euro zone finance minister can meet again to discuss Athens' progress, a spokeswoman for German Finance Minister Wolfgang Schaeuble said on Wednesday.


Euro zone lending recovery continues at modest pace in March 27 Apr 2016

FRANKFURT A lending recovery in the euro zone continued at a modest pace last month, data from the European Central Bank showed on Wednesday, in line with analyst expectations and with the ECB's own subdued outlook for the currency bloc.


Euro zone - more time needed for Greek reforms; Tsipras to seek EU summit 27 Apr 2016

BRUSSELS Euro zone finance ministers will not meet on Thursday and need more time to discuss Greek reforms that would unlock new loans, signalling significant differences remain between Athens and its lenders on bailout targets.


ECB's Nowotny says negative rates necessary to avoid deflation 23 Apr 2016

VIENNA The euro zone needs negative interest rates to avoid sliding into deflation, European Central Bank Governing Council member Ewald Nowotny said in an Austrian newspaper interview, defending the policy against widespread criticism in Germany.


Former Auschwitz guard apologises at trial, says it was 'nightmare'

DETMOLD, Germany A 94-year-old former Auschwitz guard on trial in Germany apologised in court to victims on Friday, telling them he regretted being part of a "criminal organisation" that had killed so many people and caused such suffering.

Brexit-fearing banks make inquiries about move to Paris

PARIS Foreign banks are making inquiries about moving to France if Britain leaves the European Union, according financial industry group Paris Europlace, which is busy lobbying the French government for tax breaks to boost the attractiveness of Paris.


Italy, Austria seek to calm tensions over Brenner border controls

ROME Italy and Austria on Thursday played down tensions that flared after Austria said it might reintroduce border controls at the Alpine Brenner pass to keep migrants from coming from Italy.

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