euro zone

Greece Prime Minister Alexis Tsipras will chair an executive meeting of his Syriza party early Tuesday before lawmakers begin a two-day debate on the bailout deal that will heap more tax hikes and spending cuts on a country already suffering through six years of recession.
By Paul Taylor and Renee Maltezou BRUSSELS/ATHENS, July 13 (Reuters) - Euro zone leaders made Greece surrender much of its
PRO-EURO RALLY Having been voted into power in January on a pledge to roll back austerity, Tsipras's leftist government has
In a last-ditch effort to repair the breakdown, Austrian Chancellor Werner Faymann is due in Athens on Wednesday after coordinating
Citizens of the eurozone countries didn't know when they formed the monetary union that they were not only losing their sovereign and democratic rights to control their most important macroeconomic policies. They had also ceded this power to people with an anti-social-Europe agenda. Now Greece is trying to get some of that democracy back.
A breakdown of the European bailout program might make a Greek exit from the euro ("Grexit") the only feasible option. And the popular revolt against outsiders dictating economic policy creates a huge new roadblock to attempts to expand Brussels' power over EU members.
I believe Yanis Varoufakis represents the grounded, value-based intellectual of a leader who has what it takes to survive the relentless demands for transparency in today's environment of global connectivity.
"Automatic sell orders are polluting the market. A big chunk of the selling volumes yesterday and today is coming from margin
The International Monetary Fund doesn't want to say it outright, but its latest World Economic Outlook shows more stagnation of the European and Japanese economies, and the possibility of a third EU recession since 2008.
Since France cannot avoid the burdens of austerity, its only effective economic answer is the fundamental reform that Hollande is now promising the EU.
Renting a house, snagging a ride on your smartphone, and de-leveraging your balance sheets would truly be a new American way, with tremendous implications for policymakers including the Fed if a geopolitical or natural disaster hit and it was stuck at an already low interest rate.
"People feel like the government is unable to help them get out of the crisis," OECD chief statistician Martine Durand told
"The crisis emerged over many years, through founding errors in the euro -- for example, Greece should not have been admitted
Europe's gross domestic product grew 0.3 percent in the second quarter from the quarter before, according to Eurostat, the
After more than three years on life support from Europe, Greece's governing coalition is split over how to meet the demands
A large part of the blame for Europe's misery goes to the austerity fanatics who have pushed peripheral European countries