Ukraine agrees 'win-win' debt restructuring deal

Ukraine’s finance minister said a “win-win” deal for restructuring $18bn (£11.6bn) of debt had been agreed with a group of its largest creditors, involving a 20% reduction in the total to be repaid.

Banks repay loans to ECB after fresh offer of cheaper credit

FRANKFURT, Sept 19 (Reuters) - European Central Bank plans to bolster lending to business were dealt another setback on Friday after banks decided to repay billions of euros of cheap ECB credit, sapping money available to lend to business.

Euro Steady As Tension In Ukraine Worsens

The euro remained below $1.30 on Tuesday despite encouraging trade data out on Monday. The common currency traded at $1.2961 at 10:00 GMT with the Fed’s upcoming meeting and the crisis in Ukraine continuing to weigh.

German business lobby group calls EU sanctions a mistake

(Reuters) - The European Union's new economic sanctions against Russia are a "mistake" because they were imposed just as a week-old ceasefire was bringing calm to the embattled east of Ukraine, the leader of a German business lobby group was quoted saying on Sunday.

Serbia Won’t Join EU Sanctions Against Russia, Vucic Says

Serbia won’t join European Union sanctions against Russia even as the Balkan nation sticks to its plan to continue membership talks with the world’s largest trading bloc, Prime Minister Aleksandar Vucic said.

Europe's fragile economy put to test as Ukraine, Iraq sour mood

(Reuters) - Investors will gauge the strength of the euro zone's fragile economy this week as escalating conflicts in Ukraine and Iraq darken the mood globally.

IMF urges 'steady implementation' of Ukraine loan program

(Reuters) - The International Monetary Fund urged Ukraine's leaders on Friday to press forward with "steady implementation" of economic reforms agreed with the fund, a day after the prime minister tendered his resignation.

Ukraine crisis hits European shares; auto and leisure lag

LONDON, July 21 (Reuters) - European shares fell on Monday as fighting erupted in eastern Ukraine, the first major eruption of violence there since a Malaysian airliner was shot down last week.

German Ifo business morale in June hit by Ukraine, Iraq

BERLIN (Reuters) - German business sentiment weakened more than expected in June as concern grew among companies in Europe's largest economy that tensions in Ukraine and Iraq would hurt their business.

Ukraine Bond Repayment Belies Gutted Economy: East Europe Credit

As Ukraine repays its $1 billion dollar bond, sentiment for the nation’s notes is souring with the economy withering amid fighting between government forces and pro-Russia separatists.

EU to place efficiency at heart of energy security plans

Brussels could propose tougher energy efficiency targets for member states by September, the EU’s energy chief Gunther Oettinger revealed today.