Eurozone

German business newspaper Handelsblatt reports on the progress of the one billion euro Cypriot bailout which was adopted on May 15, 2013 and compares it to Greece's struggle to successfully conclude a reform effort which began in May 2010. The magazine contrasts the congratulatory remarks Cypriot...

Deutsche Bank considers the possibility of a haircut of Greece’s public debt by the end of the year 'inevitable', according to a report in German tabloid Bild. The newspaper cites a classified Deutsche Bank internal circulation document which allegedly states...

The troika has requested corrections and new measures that need to be implemented before the upcoming Eurogroup of November 9, where the Eurozone finance ministers will assess Greece’s overall performance during the first months of the bailout program.  Five specific areas...

An extensive report published by the Guardian reveals details from the week of negotiations that culminated in a provisional Greek bailout agreement on the morning of July 13. The report looks into the role of German Finance Minister Wolfgang Schaeuble's now infamous proposal for...

French President Francois Hollande supported the Greek government's request for debt relief and praised the brave decision of the Greek people to remain in the Eurozone and return to a path of growth. Hollande spoke at a formal dinner hosted...

European Commissioner for Economic and Financial Affairs Pierre Moscovici appeared optimistic about Greece's future, during an interview with French radio station Europe1. Moscovici noted the country is moving forward with the implementation of necessary reforms that will give it the...

Greece will continue to participate constructively in the work of the UN and particularly in the processes for further democratization upgrading its role with a view to strengthen its ability to respect the international law and to pursue the...

Eurozone members did not feel the weight of the financial crisis equally, at least until 2013. Reuters sites European Central Bank data which shows the different implications of the European financial crisis on the wealth of different countries' citizens between 2009-2013. The citizens...

German Finance Minister Wolfgang Schaeuble made certain clarifications on his stance toward Greece during an interview with French newspaper Liberation, in Brussels. During negotiations for a third Greek bailout package in July, the German finance minister had proposed to the Greek government a...

The Eurozone is on the road to recovery, according to Eurogroup President Jeroen Dijsselbloem. The Dutch Finance Minister gave an extensive interview with CNBC while attending the International Monetary Fund's summit in Lima, Peru, in which he claimed the Eurozone is...