April 28, 2015

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.

April 27, 2015

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.

April 26, 2015

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.

April 25, 2015

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.

April 24, 2015

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.