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European banks are sitting on bad debts of €1tn – the equivalent to the GDP of Spain – which is holding back their profitability...
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All posts tagged "Eurozone"
MONEY
Blanket austerity across the crisis-hit countries of the eurozone was self-defeating. Germany’s analysis of what needed to be done was wrong. The European Central...
MONEY
European leaders have told Greece that it must do more to prove it is pushing through the reforms its creditors have demanded before it...
MONEY
Greece’s four main banks need to find another €14bn (£10bn) of reserves to ensure they could withstand an economic downturn, the European Central Banksaid...
MONEY
The eurozone is ready to start formal talks with Athens over an €86bn (£60bn) bailout, paving the way for a month of wrangling over...
MONEY
The draconian list of demands eurozone leaders handed to the Greek government in return for a European bailout has inspired a social media backlash...
WORLD NEWS
Eurozone leaders have reached agreement over a third Greek bailout after marathon talks in Brussels. Amid one of the worst crises in the EU’s...
MONEY
Greece’s economy is on the brink of collapse after the capital controls imposed ahead of Sunday’s referendum left the country with shortages of food...
MONEY
The eurozone’s three biggest countries have raised the stakes in next Sunday’s Greek referendum with an orchestrated warning to voters that a no vote...
MONEY
Greece’s prime minister, Alexis Tsipras, is to travel to Brussels on Wednesday for critical talks with the country’s creditors as the outlines of the...
