German inflation creeps higher in April: data

Frankfurt (AFP) - Inflation in Germany, Europe's biggest economy, crept higher in April with consumer prices rising by 0.4 percent year-on-year, preliminary data showed on Wednesday.

Greek PM says initial deal in bailout talks 'very close'

ATHENS, Greece (AP) — Greece's prime minister voiced hope that bailout talks between the cash-strapped country and its international creditors are "very close" to an initial deal, and ruled out early elections if the dragging negotiations fail.

Finland after the boom: 'Not as bad as Greece, yet, but it's only matter of time'

A sudden flurry of spring snow has dusted the steps of an evangelical church in central Oulu, northern Finland, where about 100 people are crowded together for a Friday sermon. But perhaps the true object of their devotion is inside black binliners by the door.

IMF Hikes the Eurozone’s 2015 Growth Forecast to 1.5%

The IMF’s (International Monetary Fund) World Economic Outlook report released on April 14, 2015. It brought some good news for the Eurozone economies.

Time is running out for Greece, says Eurogroup chief

Mounting tensions between Greece and other euro members have flared up at an acrimonious meeting in Riga, with finance ministers blasting the country’s leftwing leaders for failing to make more progress towards a bailout deal.

Eurozone Economy Grows for 22nd Straight Month, Report Shows

PARIS — The eurozone economy expanded for a 22nd consecutive month in April, a private sector report showed on Thursday, but the modest pace of growth disappointed some analysts looking for more vigor resulting from the European Central Bank’s bond-buying program.

Greece may ask Europe to buy bonds to pay for redemptions - paper

ATHENS (Reuters) - Greece is considering asking the European Stability Mechanism (ESM) to buy Greek government bonds held by the European Central Bank (ECB) to pay for debt redemptions this summer, newspaper Kathimerini reported on Thursday.

Bank of England committee unanimous on holding rates

Bank of England policymakers voted unanimously to hold interest rates at their current historic low of 0.5% again in April, the minutes of the latest meeting show.

Draghi Warning Unheeded as Euro’s Best Streak in a Year Stalls

European Central Bank President Mario Draghi is warning investors not to bet against the euro. They don’t seem to have gotten the message.

Greek euro exit fears rise as IMF rebuffs payment delay

Washington (AFP) - Top European officials and Greece's finance minister were on Thursday forced to play down fears that the country was poised to exit the eurozone, after the IMF rejected suggestions that Athens would postpone loan repayments.

IMF: Global economy steady but risks abound

Washington (AFP) - The International Monetary Fund said Tuesday that the global economy remains tepid, with slowdowns in emerging markets offsetting progress in the Japanese and European economies.

Now Germany is getting ready for Greece to default too

Tsipras address a news conference following talks at the Chancellery in Berlin March 23, 2015.Germany is working on a plan to keep Greece in the eurozone if the country defaults on its debt, according to weekly newspaper Die Zeit.

More doubts about the U.S. and China than the euro zone

FRANKFURT (Reuters) - Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while troubled Europe shows early signs of turning the corner.

Buoyed by QE's solid start, ECB policymakers set to meet

The European Central Bank's decision makers meet Wednesday buoyed by the successful debut of a mass bond-buying spree designed to kickstart growth and will likely quash talk of it wrapping up early.

Germany is imperiling the world economy by refusing to accept free money

The German government should go spend a bunch of money on something. Ideally a critically useful infrastructure project, given the country's large apparent needs on that front — but failing that, even a pretty blah project would be good.

Bank of England warning over current account deficit

The UK’s large current account deficit could cause financial markets to turn against the British economy in a time of stress, the Bank of England has said.

Greek political unrest and deepening debt crisis fuel talk of snap election

The worsening Greek debt crisis has reanimated talk within the ruling Syriza party of a snap general election if discussions with creditors fail, as the country faces a Thursday deadline to repay a €450m (£330m) loan to the International Monetary Fund.

Irish Central Banker Absolves the Euro of Blame

Currency regimes matter less to the success or failure of economies than the quality of the policies pursued by governments and central banks, the governor of Ireland’s central bank said Tuesday.

Exclusive: Greece tells creditors it will run out of cash on April 9

(Reuters) - Greece has told its creditors it will run out of money on April 9, making an appeal for more loans before reforms on which new disbursements hinge are agreed and implemented, but the request was rejected, euro zone officials said.

Mortgage demand surges as optimism about UK economy reaches 13-year high

Britons enter the five-week election campaign more upbeat about the economy than at any time in almost 13 years, according to the latest snapshot of confidence from the polling organisation Gfk.