Euro Zone

Topics also related to Euro Zone:

Some EU countries deserve budget leeway over refugee crisis: Dijsselbloem

BRUSSELS European countries most affected by the refugee crisis may be granted some leeway on fiscal rules for a limited period of time, the head of the euro zone finance ministers said on Monday.

Facing crucial vote, Portugal PM warns country cannot abandon reforms

LISBON Prime Minister Pedro Passos Coelho, whose government faces a vote that may topple it in the opposition-dominated parliament, warned on Monday that leaving the path of reforms and meeting euro zone commitments would be ruinous for Portugal.

09 Nov 2015

Greece approves reform bill, eyes bailout tranche

ATHENSGreece's parliament approved early Friday a bill with reforms prescribed by the country's international lenders, ahead of a euro zone finance ministers meeting in three days which will decide if Athens qualifies for fresh bailout funds.

World, Greece 05 Nov 2015

Greece approves reform bill, eyes bailout tranche

ATHENSGreece's parliament approved early Friday a bill with reforms prescribed by the country's international lenders, ahead of a euro zone finance ministers meeting in three days which will decide if Athens qualifies for fresh bailout funds.

Greece, Campaign Finance 05 Nov 2015

Greek bank recap may cost euro zone 10 billion euros or less, official says

BRUSSELS The euro zone may need to spend only 10 billion euros or less to help recapitalize Greek banks, a senior EU official said, after an ECB test showed the sector would need an extra 14.4 billion euros of capital if major risks materialized.

04 Nov 2015

Euro zone growth weak in October, China services rally

LONDON Euro zone private business growth remained tepid last month but activity in China's services industry expanded at its fastest pace in three months, easing concerns about persistent weakness in its economy, surveys showed on Wednesday.

04 Nov 2015

ECB's Greek bank test shows third bailout likely to be smaller than planned - ESM

BRUSSELS The euro zone's third bailout for Greece is likely to be smaller than the initially envisaged 86 billion euros, because the European Central Bank's stress test of Greek banks showed they need less recapitalization, the euro zone's bailout fund said.

31 Oct 2015

Global stocks slip, but post best month in four years; oil gains

NEW YORK Oil gained on Friday while stocks on Wall Street closed lower even as major U.S. and European stock indices posted their best month in at least four years, boosted in part by accommodative monetary policies in the euro zone and Japan.

30 Oct 2015

Britain seeks 'emergency brake' for non-euro countries: FT

LONDON Britain is seeking an "emergency brake" to allow countries which are in the European Union but outside the euro zone to delay decisions that could threaten their interests, the Financial Times reported.

30 Oct 2015

'No' shapes Greek history, even when it's not the last word

ATHENS They defied a vast Persian army in 480 BC, rejected Italy's ultimatum during World War Two and told Europe to take a hike when presented with an unpalatable bailout deal in July, risking Greece's place in the euro zone.

World, Greece, Italy 27 Oct 2015

Germany

Germany should give refugee aid to Turkey if EU deal fails: vice chancellor

BERLIN Germany should unilaterally provide aid to Turkey for refugees to help slow the flow across the Aegean Sea to Greece if the EU fails to reach a common deal with Ankara on the issue, Vice Chancellor Sigmar Gabriel said on Thursday.

France

Paris climate talks not just hot air, France tells U.S.

PARIS Any global climate change agreement reached in Paris next month will be legally binding and have a concrete impact, France's president and foreign minister said on Thursday, reacting to U.S. comments that questioned the status of the accord.