An agreement between Moscow and Athens for the construction of the “Turkish Stream” gas pipeline, expected to bring up to €5 billion to Greece, may possibly be signed at the start of next week, Greek government sources said on Saturday (18 April).
ECB chief Mario Draghi was assaulted by a protester during a presser on Wednesday (15 April). Jumping up on the table in front of him like a karate kid while throwing confetti, the young woman shouted 'ECB dictatorship' with a German accent, before she was wrestled out of the press room by security guards.
The European Commission is considering an investigation into whether Greece, Italy, Portugal and Spain have illegally underwritten banks which have accumulated assets considered low-quality in the rest of the eurozone, the Financial Times reported.
Greek Finance Minister Yanis Varoufakis said yesterday (5 April) that Greece "intends to meet all obligations to all its creditors, ad infinitum," seeking to quell default fears ahead of a big loan payment Athens owes the IMF later this week.
Germany dismissed Greek demands to pay World War II reparations after leftist Prime Minister Alexis Tsipras accused Berlin of using legal tricks to avoid compensating Greece for the Nazi occupation of his country.
Two hundred years after Napoleon's ambitions to rule Europe died at Waterloo, France won a small battle yesterday (11 February) to prevent the minting of a euro coin commemorating an event that shaped today's continent.
Greece's new leftist government and its international creditors failed to agree on a way forward for the country's unpopular bailout programme, and will try again on 16 February, with time running out for a financing deal.
The ECB's monetary aim is not too much inflation, but not too little, either. The balance needs to be just right. Striking this balance has therefore been called goldilocks economics, writes Jeppe Kofod.
The European Central Bank (ECB) took the ultimate policy leap today (22 January), launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging eurozone economy.
EXCLUSIVE: A planned bond-buying programme expected from the European Central Bank (ECB) today (22 January) would be unconstitutional, a leading MEP has told EurActiv in the firmest statement of German opposition to the move.
Greeks stepped up bank withdrawals last month when the threat of a government collapse grew, but the money has largely remained in the country with no sign so far of a full-blown capital flight as in 2012, Greek bankers familiar with the matter said.
Some European insurers could have trouble meeting financial obligations to policy holders in the coming years if rock bottom interest rates persist, the EU's insurance watchdog EIOPA warned on Sunday (30 November).