The European Central Bank is keeping its main interest rates unchanged. The bank's president, Mario Draghi, said on Thursday October 26 the eurozone economy was recovering... READ MORE›
Benoit Coeure, board member of the European Central Bank ECB, is photographed during an interview with Reuters journalists at the ECB headquarters in Frankfurt, Germany, May 17, 2017... READ MORE›
'Who will trust Germany after this?' Nobel Prize-winning economist Paul Krugman makes his feelings known... READ MORE›
An outdated European Union has been found out and rejected emphatically by young Greeks in the 21st century... READ MORE›
The European Central Bank would have little choice but to stop providing emergency loans that have been keeping the banking system afloat... READ MORE›
Exclusive Greece needs debt relief far beyond EU plans - Secret IMF report... READ MORE›
A draft of the package suggests Greece could temporarily leave the eurozone if no agreement on a bailout is reached... READ MORE›
France has been the most steadfast major nation in Europe supporting Greece ever since Mr... READ MORE›
Mr Chatzifotiadis had waited in line at four banks across his city but was turned away without being able to withdraw his money... READ MORE›
20 with Tsipras seeking to crush a rebellion in his leftist Syriza party and seal public support for the bailout program Greece's third since 2010 that he negotiated... READ MORE›
Eurozone finance ministers say they expect to hear fresh proposals from Greece after a referendum rejected the terms of an international bailout... READ MORE›
Yet the infusion of cash from the European Central Bank that is desperately needed to resuscitate the Greek banking system and jump-start the economy is missing... READ MORE›
The mess over Greece has hardly helped the reputation of the European Union inside Britain, but it may also help Mr... READ MORE›
Eurozone ministers have called on Greece to put forward fresh proposals after Greek voters rejected the latest draft bailout deal in a referendum... READ MORE›
Panagiotidou said some Greeks already felt as if they were living in a third-world country... READ MORE›
Prime Minister Alexis Tsipras may have won a victory at home on Sunday as the Greek people dealt a resounding no to European austerity policies... READ MORE›
The resounding victory for the no vote in Greece's referendum has left European leaders like Chancellor Angela Merkel of Germany with a stark and clear choice... READ MORE›
Germany and other more fiscal conservative Eurozone members say Greece must now go further in its austerity measures and provide greater assurance... READ MORE›
Representatives of the main creditors -- the International Monetary Fund, the European Central Bank and the other European nations that use the euro -- were poring over the Greek proposal on Friday... READ MORE›
Greek Prime Minister Alexis Tsipras says he does not believe in a bailout offered by eurozone leaders... READ MORE›
Greece does not mark the end of the euro debacle merely the beginning... READ MORE›
But the shadow climate minister, Barry Gardiner, told the Guardian The European Central Bank should be aligned with Europe's industrial strategy and energy policy... READ MORE›
Nigel Farage tells Greece Have the courage to quit the euro... READ MORE›
No economy can function properly without banks if they topple so would the Greek economy... READ MORE›
The pre-referendum terms have been made tougher, both through the quasi-automatic spending cuts and through the enforced sell-off of Greece's assets... READ MORE›
In London the benchmark FTSE 100 index had dipped 0.4 percent at midday... READ MORE›
The banks have been propped up by emergency money from the European Central Bank... READ MORE›
Greece had asked for 53.5 billion euros, or about 59 billion, from Europe's bailout fund over the next three years... READ MORE›
Greece debt crisis Angela Merkel and Francois Hollande issue Athens with 24-hour ultimatum to avoid crashing out of the euro... READ MORE›
Eurogroup finance ministers will formally meet in Brussels on Saturday to discuss the proposals ahead of a full meeting of the 28-member European Union on Sunday... READ MORE›
Angela Merkel recently prevented the European Central Bank from making them liable for other governments debts... READ MORE›
Eurozone finance ministers must find 7bn in stopgap funding and gain approval from other parliaments including Germanys Bundestag after Athens vote... READ MORE›
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