A Tightrope for Europe’s Central Bank Chief

Central bankers sometimes distinguish between peacetime, when economies are running relatively normally, and war, when there is a financial crisis.

European Central Bank, Potential Rescuer, Remains Wary

Among its many proposed measures, the eurozone’s agreement on Greece calls for an overhaul of the country’s rickety banking system.

Greek debt: Fears grow over Greek banks' health

Fears are growing over the health of Greek banks after indications that savers have withdrawn billions of euros in the past week.

Greek banks see deposit outflow of $449 million on Monday: bankers

ATHENS (Reuters) - Greek banks saw deposit outflows of about 400 million euros ($449 million) on Monday as the pace of withdrawals picked up from last week after talks with the country's creditors over an aid-for reforms deal broke down on Sunday, bankers said.

European Stocks Decline With BHP Billiton, Energy Producers Down

European stocks fell for a fourth time in five days.The Stoxx Europe 600 Index dropped 0.2 percent to 395.7 at 8:10 a.m. in London as energy producers fell 0.4 percent as a group.

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.

IMF On Greece: We Screwed Up But It's Really The Eurozone's Fault

For Euro crisis enthusiasts, today’s IMF review of its Greek program is a real treat. By official standards, the document is thoroughly honest and clear.

Greece extends buyback offer to reach 30 billion-euro target

ATHENS/BRUSSELS (Reuters) - Greece extended its offer to buy back debt until Tuesday, seeking more bids from bondholders after falling short of a target to retire bonds worth 30 billion euros at a cost of just 10 billion euros.

Greece May Delay Banks Plan

ATHENS—Greece's government is likely to push back final decisions on a much-awaited plan to recapitalize the nation's banks until after May 6 elections, senior government officials said Wednesday, as it wrestles with the thorny issue of how to rescue the country's mortally wounded lenders.

Germany at odds with ECB over Greece

In an open letter to European and international authorities, finance minister Wolfgang Schaeuble said: "Any additional financial support for Greece has to involve a fair burden sharing between taxpayers and private investors."

He warned that if Greee does not get more funding before mid-July, "we face real risk of the first unorderly default within the eurozone".