Euro Zone as a Whole

ECB’s Nowotny says euro zone policy may need to become expansive

Published 19/10/2015

WARSAW The euro zone needs additional measures, possibly looser fiscal policy, to secure economic growth, European Central Bank policymaker Ewald Nowotny said in an interview [more…]

Dollar firm on Fed hike prospects, Aussie inches up after China GDP

Published 19/10/2015

TOKYO The dollar was steady against the yen and euro on Friday after stronger-than-expected U.S. data kept alive prospects of the Federal Reserve raising interest [more…]

Fed hike more problematic for global economy than before: ECB

Published 15/10/2015

FRANKFURT U.S. rate hikes could have greater global repercussions than in the past and affect the euro zone more in some respects than the domestic [more…]

EU leaders postpone talks on euro zone future until December

Published 14/10/2015

BRUSSELS European Union leaders have postponed a deeper discussion of the future of the euro zone until December because of divergent views in the biggest [more…]

Dollar languishes near three-week lows- Aussie at seven-week highs

Published 12/10/2015

SINGAPORE The dollar hovered near a three-week low versus a basket of major currencies on Monday, anchored by doubts that the U.S. Federal Reserve will [more…]

Greek bank recap, debt talks, can start after review of reforms

Published 05/10/2015

LUXEMBOURG Greece must complete the first review of agreed reforms, including the governance of its financial sector, before European creditors can pump in more money [more…]

Dollar weaker as rate increase expectations pushed back

Published 05/10/2015

LONDON The dollar nursed losses on Monday, falling around 0.4 percent against the euro and easing against a basket of currencies, after a weak U.S. [more…]

Greece to unveil painful 2016 draft budget

Published 05/10/2015

ATHENS Greece will unveil a painful 2016 draft budget on Monday meant to satisfy international creditors, projecting the economy will stay in recession next year [more…]

Greece likely to meet deadline for bank money release: euro zone officials

Published 02/10/2015

BRUSSELS Greece is likely to qualify for recapitalization funds for its banks by a Nov. 15 deadline because the payment depends mainly on financial sector [more…]

Global economy loses steam as Chinese, European factories falter

Published 01/10/2015

BENGALURU/LONDON World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady.

The latest [more…]