A key meeting of eurozone finance ministers to finalise a crucial bailout for Cyprus is delayed as talks to hammer out an agreement overrun.
European finance ministers reach a deal on rules for the European Central Bank to supervise eurozone banks – a key step towards a banking union.
Eurozone finance ministers and the IMF reach an agreement on an urgently needed bailout for debt-laden Greece.
BRUSSELS — A group of influential European officials proposed a series of big fixes to the euro currency union Tuesday, offering a radical vision of change to restore confidence in the region that could take years to put fully in … Continue reading
The sky may be falling in the Eurozone, but Europeans can at least take refuge in the 2011 European Football Championship, which kicked off last week. The vast majority of participating countries are in the Eurozone, prompting some European economists … Continue reading
BRUSSELS/MADRID (Reuters) – Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($ 125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent … Continue reading
US President Obama hosts an opening dinner for G8 leaders, discussing North Korea, Syria and Iran, with the eurozone crisis likely to top Saturday’s agenda.
FRANKFURT (Reuters) – A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and its partners with a crippling … Continue reading
Spanish Prime Minister Mariano Rajoy warned Wednesday that his country was facing “extreme difficulty” as its cost of borrowing money on global markets jumped and doubts increased about whether the government can stick to the strict austerity program designed to … Continue reading
BRUSSELS/BERLIN, Jan 14 (Reuters) – European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day…