June 12, 2014

ECB policymakers say can do more if needed

(Reuters) - European Central Bank policymakers stressed on Tuesday that they could still do more to support the euro zone economy after last week announcing a package of measures to ward off the threat of deflation.

June 11, 2014

Politics poses biggest risk to euro zone endurance

PARIS (Reuters) - With the euro zone bond market back to irrational exuberance and economic growth returning slowly if unevenly, politics rather than economics now poses the biggest threat to the long-term endurance of Europe's single currency.

June 10, 2014

Russian companies prepare to pay for trade in renminbi

Russian companies are preparing to switch contracts to renminbi and other Asian currencies amid fears that western sanctions may freeze them out of the US dollar market, according to two top bankers.

June 09, 2014

Euro Bonds Surge on ECB Shock Waves

Euro-area government bonds surged this week, propelling yields across the currency bloc to record lows, as an unprecedented package of European Central Bank stimulus measures added fuel to this year’s rally.

June 08, 2014

Greek economy shrinks at slowest pace since 2008

(Reuters) - Greece's economy shrank in the first quarter at its slowest annual pace since late 2008 when its protracted recession began, data showed on Friday, supporting projections that Athens will emerge from a crippling six-year slump this year.