The national central banks in the euro zone are set to exchange their holdings of Greek bonds into new bonds in the run up to a private sector debt deal to avoid
The European Union's tax chief on Thursday rejected UK opposition to a planned levy on financial transactions, saying it would dampen risky trading and barely dent growth. EU Tax Commissioner Algirdas Semeta
Greece said on Thursday it had found extra budget savings demanded by its international lenders, suggesting a new rescue package is within reach even though acrimony simmered between Athens and its European
Iran bought almost half a million tonnes of wheat this week, traders said on Thursday, with private buyers also in talks to import further tonnage from Russia using roubles as payment, as
The number of Americans filing for new jobless benefits fell to a near four-year low last week and factory activity in the Mid-Atlantic area grew in February, more evidence of sustained momentum
The euro dipped and a share market rally ran out steam on Wednesday on signs euro zone officials might delay Greece's next rescue package, while still avoiding a disorderly default. The single
Greek conservative leader Antonis Samaras has sent a letter to the European Union and IMF committing himself to implementing a new austerity package, his party said on Wednesday, as Athens rushed to
Europe's left is torn between outrage and anxiety over drastic cuts in living standards and working conditions being imposed on Greeks by the European Union and the International Monetary Fund. Indignation at
China will continue to invest in euro zone government debt and it remains confident in the euro, the country's central bank governor said on Wednesday, while calling on Europeans to produce more
Markets rose on Wednesday as investors hoped Greece would deliver on a commitment to enact harsh reforms, while comments from China's central bank governor saying Beijing would continue to invest in euro
