Eurozone’s Future Remains at Risk, Mario Draghi Warns
FRANKFURT — In a contentious appearance before the European Parliament on Wednesday, the president of the European Central Bank said that the future of the eurozone was at risk unless…
Tag: eurozone
Greek Leaders Face Revolt at Home as They Try to Appease Creditors
BRUSSELS — Greek leaders scrambled on Sunday to come up with a list of proposed changes to the nation’s austerity program that would be acceptable to their creditors by a…
Greek Leaders Face Revolt at Home as They Try to Appease Creditors
BRUSSELS — Greek leaders scrambled on Sunday to come up with a list of proposed changes to the nation’s austerity program that would be acceptable to their creditors by a…
Greek Leaders Face Revolt at Home as They Try to Appease Creditors
BRUSSELS — Greek leaders scrambled on Sunday to come up with a list of proposed changes to the nation’s austerity program that would be acceptable to their creditors by a…
Greece Asks for 6-Month Extension of Loan Agreement
ATHENS — Greece on Thursday asked for a six-month extension of its loan agreement, as the country tries to hammer out an agreement before a Friday deadline imposed by eurozone…
Crucial Talks Over Greece’s Debt Broke Down. What’s Next?
Despite all the tough talk of ultimatums and games of poker, Greece and its creditors in the 19-country eurozone are still expected to cobble together some sort of deal that…
What You Need To Know About The Debt Standoff Between Greece And The Eurozone
Greece wants a break from the terms of its eurozone bailout loans, saying they’re suffocating its economy. Germany, the biggest backer of two bailouts worth 240 billion euros (currently $271…
New Greek Leader Softens Rhetoric On Debt Talks With Europe
Greece’s new prime minister is striking a more conciliatory tone over the country’s push to renegotiate its bailout loans. He says the Greek people expect him to carry out tough…
Could The New Syriza Government Be Good For Greece’s Economy?
Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. Today, we speak with economist Edward Hadas about the significance of Syriza’s…
Eurozone Inflation Falls to Lowest Level Since 2009
FRANKFURT — Inflation in the eurozone has fallen to its lowest level since 2009, according to official data released on Friday, while unemployment remains in the double digits, reinforcing fears…
Greek debt crisis: Who has most to lose?
Most Greek debt is held by other eurozone countries. Around 53 billion euros was loaned through bilateral agreements, according to researchers at Open Europe. The Greek government would have to…
Eurozone Economy Shows Hints of Improvement, Survey Indicates
FRANKFURT — The eurozone economy appears to have perked up a bit at the start of 2015, an industry survey showed on Friday, just a day after the European Central…
Europe Puts Its Money on the Table
After more than a year of speculation, Mr. Draghi, the never-predictable head of the European Central Bank, has given global investors what they have clamored for, with an extra twist:…
What to Expect From the E.C.B.’s Stimulus Efforts
FRANKFURT — The European Central Bank is widely expected to announce on Thursday that it will finally begin buying government bonds as part of a so-called quantitative easing program. In…
Eurozone Fast Facts
January 1, 1999 – The euro is introduced. The European Union’s Maastricht Treaty “convergence criteria,” or requirements for a member country to use the euro as currency:– Annual budget deficits…