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Tuesday, February 10, 2015
Greece was locked Monday in intense talks with its EU partners after the country's prime minister stuck to his anti-austerity guns with the deadline for a deal needed to avoid the risk of default and a euro exit just days away.
Friday, February 6, 2015
The EU raised its growth forecast for the eurozone on the back of cheap oil and a weak euro, but warned that with deflation taking hold the bloc's struggling economies must keep up their reforms.
Thursday, February 5, 2015
Maybe all the doom and gloom surrounding the 19-country eurozone has been overdone.
Monday, February 2, 2015
U.S. negotiators travel to EU headquarters in Brussels Monday to jumpstart talks on the world's biggest-ever free trade deal, which after nearly two years remain bogged down by public opposition.
Portugal's property market continues to expand at double digit rates thanks to foreign buyers, including China's new wealthy, despite a corruption scandal over visas used to lure in rich non-Europeans.
Saturday, January 31, 2015
Falling prices sent another worrying signal about the eurozone economy just before the European Central Bank starts a 1 trillion euro (US$1.1 trillion) stimulus effort.
Thursday, January 29, 2015
Greece's radical new government on Wednesday signaled the country would backtrack or scrap a series of budget measures its eurozone creditor nations had demanded in exchange for bailout loans.
Tuesday, January 27, 2015
The euro briefly sank to a new 11-year low against the dollar in early Asian trade Monday after anti-austerity party Syriza swept to victory in Greece's general elections.
Friday, January 23, 2015
ECB deploys quantitative easing against deflation
The European Central Bank (ECB) on Thursday unveiled plans for a massive program of bond purchases to avert the threat of deflation in the euro area.
Thursday, January 22, 2015
Deflation fears in the eurozone are "totally exaggerated" and being used as a pretext to push through new controversial measures, the ECB's former chief economist said in a newspaper interview Wednesday.
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