June 22, 2015

Greece submits fresh plan on eve of EU emergency summit

Greek Prime Minister Alexis Tsipras presented new proposals to European leaders Sunday aimed at ending his country's debt crisis, on the eve of a summit that could determine whether Greece crashes out of the eurozone.

June 21, 2015

French growth picking up, soon to halt jobless rise - INSEE

PARIS, (Reuters) - France's economy will expand fast enough in the second half of the year to halt the rise in unemployment, albeit with joblessness topping 10 percent, the national statistics office INSEE said on Thursday.

June 20, 2015

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Fears are growing over the health of Greek banks after indications that savers have withdrawn billions of euros in the past week.

June 18, 2015

Top European court throws weight behind ECB in fighting crises

LUXEMBOURG/FRANKFURT (Reuters) - The European Central Bank won crucial backing from Europe's top court on Tuesday for its pledge to do whatever it takes to save the euro, defeating a German group's challenge as bloc member Greece edges dangerously close to default.

June 17, 2015

Ruble Is Elephant In Room as Russia Invokes Inflation Threat

Russia’s central bank Governor Elvira Nabiullina cited the threat of inflation as she warned future interest-rate cuts would be smaller and fewer. Economists see a different reason: the ruble.