IMF Hikes the Eurozone’s 2015 Growth Forecast to 1.5%

The IMF’s (International Monetary Fund) World Economic Outlook report released on April 14, 2015. It brought some good news for the Eurozone economies.

Eurozone officially enters recession

The eurozone is now officially in recession, mainly due to a slump in Germany, Europe's biggest economy, and Italy, while France has narrowly escaped the same fate.

Sir Mervyn King: global crisis 'far from over'

The global crisis is "far from over" and countries can expect several "twists and turns" before the economy fully recovers, the Governor of the Bank of England has warned.

Euro Crisis Strongest Headwind, Treasury Official Says

MEXICO CITY--Senior finance officials from the world's top economies meeting this weekend in Mexico City will continue to focus on the European crisis response, a senior U.S. Treasury Department official said Friday, downplaying calls by some in Europe that the U.S. fiscal situation should be the priority.

IMF chief Christine Lagarde urges further debt reduction from leading economies

BERLIN: The head of the International Monetary Fund says the world's leading economies must continue to cut government spending despite an overall situation of only "tepid growth."

IMF chief urges action in tackling euro crisis

TOKYO (AP) — The head of the International Monetary Fund on Thursday called for urgent action to tackle Europe's debt problems and an approaching fiscal crisis in the U.S., warning that the struggling world economy is already falling short of even pessimistic expectations.

Euro tumbles as Asian funds shun EU chaos

The single currency has been sliding relentlessly since the European Central Bank cut its discount rate to zero last week, triggering an exodus of money market funds, but has now broken key resistance levels watched by technical analysts.

Euro Crisis 2012: Spain Edition

For much of the past two years, Spain and Italy have swapped the inglorious title of Biggest Euro-Zone Worry.The latest round has gone to Spain.

Euro Declines After ECB Approves Record Loans; Dollar Gains Versus Yen

The euro fell against most of its major counterparts after a liquidity injection by the European Central Bank failed to convince investors that the region’s crisis is abating.

European stocks rise on Greek bailout hopes

European stock markets rose on Monday on growing signs that a new bailout for Greece could be finalised at last while sentiment got a boost by the latest Chinese move to ease credit.

IMF slashes world growth outlook as euro zone weighs

WASHINGTON — The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.

Yuan Forwards Drop Most in a Week on Euro-Debt Crisis Concern

Sept. 29 (Bloomberg) -- Yuan forwards declined the most in a week on concern European leaders will struggle to contain the region’s debt crisis, dimming the outlook for global growth.

China’s economic growth will slow to 5 percent by 2016, from 9.5 percent last quarter, a Bloomberg poll indicated. The European Commission is resisting a push to impose bigger writedowns on bank holdings of Greek sovereign debt than those previously agreed on, a European official said. China may peg the yuan to the dollar or to a basket of currencies again if there is a global recession, Huang Yiping, Barclays Capital’s chief economist for emerging Asia, said in Beijing today.