Eurozone

Germany slams proposed eurozone deposit insurance plan

LUXEMBOURG: Germany's powerful finance minister Wolfgang Schaeuble on Saturday sharply criticized an EU proposal to… Read More

Eurozone growth revised up to 0.4% in second quarter: Eurostat

BRUSSELS: The 19-nation eurozone grew by 0.4 percent in the second quarter, official data showed… Read More

Greece to introduce capital controls as creditors refuse bailout extension

ATHENS: Greece will introduce capital controls and keep its banks closed on Monday after international… Read More

Eurozone recovery ‘is there’ says ECB chief

FRANKFURT: Economic recovery has arrived in the 19 countries that share the euro, but it… Read More

Euro falls as Greece rejects bailout talks with troika

NEW YORK: The euro retreated against other major currencies Friday as struggling Greece refused to… Read More

US economic growth in 2014 fastest in four years

WASHINGTON: The US economy grew at its fastest pace in four years in 2014, outpacing… Read More

Weighing the costs for Europe if Greece exits the euro

PARIS: A Greek exit from the eurozone would certainly come at a cost to Europe,… Read More

Oil price drops in first session of 2015

NEW YORK: Oil prices finished the first day of 2015 trade lower as disappointing manufacturing… Read More

G20 optimistic on global economy

WASHINGTON: Finance chiefs of the Group of 20 economic powers said Friday they remained confident… Read More