Eurozone

Budget Battles

  • Greece, markets satisfied by EU-IMF Greek debt deal

    Greece, markets satisfied by EU-IMF Greek debt deal

    By Jan Strupczewski and Luke Baker, Reuters

    BRUSSELS (Reuters) - The Greek government and financial markets were cheered on Tuesday by an agreement between euro zone finance ministers and the International Monetary Fund to reduce Greece's debt...

  • EU Budget Brawl Follows Its Failed Summit

    By Patrick Smith

    Europe will get its multi-year budget passed--and that’s a “shave my moustache” prediction—in spite of the fact that the European Union failed to reach a budget agreement at a summit in Brussels last...

  • Analysis: German hint of Greek debt relief raises euro hopes

    Analysis: German hint of Greek debt relief raises euro hopes

    By Paul Taylor, Reuters

    BRUSSELS (Reuters) - Three years into the euro zone's debt crisis, Germany's finance minister hinted tantalisingly last week at a potential breakthrough. Behind closed doors at a meeting in Paris of...

  • Euro zone, IMF secure deal on cutting Greek debt

    Euro zone, IMF secure deal on cutting Greek debt

    By Jan Strupczewski and Annika Breidthardt, Reuters

    BRUSSELS (Reuters) - Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece's debt on Monday in a breakthrough to release urgently needed loans to keep...

  • Bersani to face Renzi in runoff vote for Italy left leader

    Bersani to face Renzi in runoff vote for Italy left leader

    By Catherine Hornby, Reuters

    ROME (Reuters) - Pier Luigi Bersani, head of Italy's Democratic Party, will face his main rival Matteo Renzi in a runoff next week to pick the center-left candidate to fight to succeed Mario Monti as...