Eurozone crisis, five years on: no happy ending in sight for Greek odyssey

Greece loves its epic tales and the greatest of them is the story of Odysseus, the hero who took 10 years to find his way back to Ithaca at the end of the Trojan War.

Getting used to the 'new mediocre'

Until a dramatic selloff, exuberant markets had raced well ahead of the economies that underpin them, partly because the U.S. Federal Reserve and other central banks flooded the financial system with new money.

OECD sees French reforms boosting GDP growth 0.3 percent points per year

(Reuters) - The OECD prodded France on Friday to step up the pace of its reforms, though it estimated that those already in the pipeline would gradually deliver tangible economic growth gains.

Borrowing costs jump for fragile euro zone states

LONDON (Reuters) - Borrowing costs for some of the euro zone's most highly indebted southern states shot higher on Thursday, as fears of slowing economic growth wounded confidence that the European Central Bank could avert another debt crisis in the bloc.

ECB eyes extra funding for Greek banks as Athens markets plunge

(Reuters) - The European Central Bank will loosen its terms for accepting security from Greek banks to allow them to tap more of its funding, offering the country's lenders support as stock and bond markets in Athens tumble.