The European Central Bank has ruled out taking voluntary losses on its Greek bond holdings but is now debating how it would handle any forced losses and whether to explore legal options
Equities, commodities and the euro extended gains on Thursday after the U.S. Federal Reserve said it would keep interest rates low for a much longer-than-expected period, providing ample liquidity to help spur
Financial markets' sentiment towards the euro zone may have turned the corner, but banks will offer no more concessions in crucial talks to reduce Greece's private sector debt, BNP Paribas chairman Baudouin
Greece hoped on Wednesday it could wrap up tortuous negotiations on a debt swap as early as this week when private creditors return to Athens for a fresh round of talks to
Germany sold 30-year bonds at a record low yield on Wednesday, helped by safe-haven buying as growing uncertainty over Greek debt talks reminds investors the euro zone crisis could yet worsen. It
Cyprus will seek up to 250 mln euros in total in 30- and 60-day and 13-week treasury bills in three separate auctions to be held on Friday, the finance ministry said on
An unemployed Irish artist has built a home from the shredded remains of 1.4 billion euros ($1.82 billion), a monument to the "madness" he says has been wrought on Ireland by the
Further to the initiative of companies engaged in the field of the provision of fiduciary services as well as the management and administration of companies engaged in international business activities, the establishment
UN-led Cyprus talks at Greentree, Long Island, between the leaders of the two communities in Cyprus have concluded, without any concrete results, according to diplomatic sources. UN Secretary General Ban Ki moon,
There is a palpable sense of hope at the annual Davos World Economic Forum that the euro zone is edging away from the brink of catastrophe but business leaders say Europe's woes
