European Central Bank, Potential Rescuer, Remains Wary

Among its many proposed measures, the eurozone’s agreement on Greece calls for an overhaul of the country’s rickety banking system.

Eurozone talks on Greece need 'a lot more progress' before possible deal

Talks aimed at preventing Greece from leaving the eurozone and collapsing into bankruptcy are on a knife-edge amid widespread scepticism from the country’s creditors about whether Athens can deliver on its promises.

Greek proposals no basis for further talks, senior German conservative

BERLIN (Reuters) - Greece's latest reform proposals are no basis for further negotiations on a third bailout program, a senior German conservative lawmaker told Reuters on Friday, adding that Greece would do better to aim for a new start with its own currency.

George Osborne introduces new 'living wage' but cuts working-age benefits

George Osborne has unveiled an unexpected boost for low-paid workers, introducing a compulsory national “living wage” in a budget that also contained an assault on many of the measures introduced by Labour to tackle poverty.

Central Banks Across the World Pressured to Fight Against Euro Depreciation

Greece’s debt turmoil has found a favorite conduit for spreading contagion: the $5.3 trillion-a-day foreign-exchange market.