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Euro Group Meeting And Agreement To Fund Greece

As it has been going through all the year, the Euro group meeting will entirely be focused and dedicated to Greece only. Indeed, the Greek government expects to adopt all the remaining measures needed to get hold of €2 billion second sub-tranche of the bailout programme.

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David Sproul

Deloitte's partners report average earning of GBP822k

The 'Big Four' accounting firm Deloitte's partners on an average posted earnings of GBP 822,000 for 2014. Deloitte's partners numbering 721 recorded a 9.6 percent growth as their average earning was up from GBP 750,000 in 2013 to GBP822,000 in 2014, according to the UK arm of the accounting firm.

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Angela Merkel and Wolfgang Schaeuble

Germans fret over Europe's future but still believe

The battle for Europe will be won or lost in Germany. On some days recently, it has looked like it might be lost. But that is to underestimate the deep German commitment to the success of European integration based on the rule of law.

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Traders

Wall Street ends stronger after volatile session

U.S. stocks ended higher after a choppy session on Tuesday, as a rebound in U.S. oil prices helped offset concerns about a slowdown in China and the Greek debt crisis.

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Russia's President Vladimir Putin

Russia waits in wings as Greek debt crisis deepens

Russian President Vladimir Putin must be finding it hard to contain a wry smile as the European Union struggles with Greece's debt problems.

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Frankfurt stock exchange

European bonds and stocks on the defensive before tight Greek vote

European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way.

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Frankfurt stock exchange

Dollar firms before payrolls, Greece unease simmers

The dollar was near a three-week high on Thursday and world stock markets had a delicate feel, as the implication of U.S. jobs data later for a possible Fed rate hike added to Europe's uncertainty over Greece.

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Tokyo Stock Exchange

Markets on edge as Greece heads for default

Euro zone stocks and low-rated bonds recovered the worst of their losses on Tuesday but remained on edge as Greece looked set to default on a debt repayment to the IMF and plunge deeper into financial crisis.

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EuroZone

China says euro zone has ability to resolve debt crisis

China's Foreign Ministry said on Monday that the euro zone has the wisdom and ability to resolve the Greek debt crisis, after Athens failed to strike a deal with its lenders, taking it a step closer to a default that could force its exit from the euro zone.

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EU leaders summit

No deal for Greece, creditors; top-level talks resume Saturday

Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on Saturday to either avert a default next week or start preparing to protect the euro zone from financial market turmoil.

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Greek flag

Resistance to Greek drama hints at euro's strength

As the big global banks and investment houses see it, almost every outcome of Greece's stand-off with its creditors leads to a weaker euro. So why isn't the single currency falling?

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German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras

German business leaders warn Merkel not to go soft on Greece

German business leaders urged Chancellor Angela Merkel to take a tough line with Greece at an emergency summit of euro zone leaders later on Monday, saying only reform concessions from Athens could keep the country in the euro zone.

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Greek and EU flags

Greek drama nears final act, ending uncertain

Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt -- but only if both sides play ball.

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Hong Kong Stock Exchange

Asian shares edge higher on Fed caution, China sell-off intensifies

Asian shares rose for a third consecutive day on Friday even as China stocks tumbled into correction territory, while the Federal Reserve's cautious stance towards lifting interest rates kept the dollar on the back foot.

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Greece

Euro zone sets emergency summit on Greece as money flees

Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal.

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