February 25, 2015

ECB's Coene says euro zone exit possible in theory: paper

(Reuters) - A country could in theory leave the euro zone if it wanted to, European Central Bank policymaker Luc Coene said, but he added that he could not imagine which nation would want to do so.

February 24, 2015

Minimum wage rise of 3% recommended

The independent body that advises the government on the minimum wage is to recommend an increase of 3%, Business Secretary Vince Cable has announced.

February 23, 2015

Merkel Shifts From Euro to Global Agenda With Papal Visit

(Bloomberg) -- German Chancellor Angela Merkel added Pope Francis to her expanding diplomatic push on Saturday, stepping away from euro-area crisis negotiations to promote her global agenda on combating climate change, disease and poverty.

February 21, 2015

France PM Valls pushes key economic reforms through

The French prime minister has resorted to a rarely used emergency procedure to push through labour market reforms without a parliamentary vote.

February 20, 2015

Greece requests euro zone loan extension, offers big concessions

Greece formally requested a six-month extension to its euro zone loan agreement on Thursday as it races to avoid running out of cash within weeks and overcome resistance from skeptical partners led by Germany.