March 12, 2014

Ukraine crisis: World Bank ready to provide $3.8 billion aid

WASHINGTON (AFP) - The World Bank said on Monday it is prepared to offer US$3 billion (S$3.8 billion) in aid to Ukraine this year to support economic reforms and development by its beleaguered new interim government.

March 11, 2014

ECB to reveal bad loan hurdles for euro zone bank test: sources

(Reuters) - The European Central Bank's stance on how bad loans are defined will be one of the biggest revelations to the euro zone's largest banks when it details on Tuesday how it will test balance sheets, three sources with knowledge of the tests told Reuters.

March 09, 2014

Christine Lagarde angers Spain with repeat prescription of austerity

Christine Lagarde, the head of the International Monetary Fund, has poured cold water on claims from the Spanish government that the recession is over and the country is on the road to recovery.

March 08, 2014

No impact on euro zone from Ukraine crisis but potential for trouble is great: Draught

FRANKFURT (Reuters) - European Commission President Mario Draghi said on Thursday that from a purely financial standpoint the crisis in Ukraine should not have much impact on the euro zone.