Eurozone

Budget Battles

  • Greece Debt Plan: Name and Shame Tax Dodgers

    By HARRY PAPACHRISTOU, Reuters

    Tax evasion is endemic in Greece and its international lenders, the EU and the IMF, have insisted Athens improve tax collection if they are to continue bankrolling the debt-laden country.

  • IMF Warning on Europe Threat

    By LESLEY WROUGHTON, Reuters

    The euro zone debt crisis is escalating and could derail the global economic recovery, the International Monetary Fund warned on Tuesday as it called for urgent action to restore confidence.

  • Eurozone May Dodge Recession

    By JONATHAN CABLE, Reuters

    The euro zone may escape recession thanks to a surprise upturn in the service sector this month but the overall economy is still struggling to gain any traction outside Germany and to a lesser extent...

  • Euro Ministers to Rule on Greek Debt Plan

    By JAN STRUPCZEWSKI and INGRID MELANDER, Reuters

    Euro zone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private...

  • Eurozone to Greece: Cut a Deal or No Bailout

    By Patrick Smith

    After the historic, defend-the-euro deal cut among European Union members last month, the question now seems to be who, if anyone, will blink first—political leaders in Greece as they impose more...