Greece to present creditors with proposal, Germany skeptical
By NICHOLAS PAPHITIS Greece was preparing Wednesday to present its creditors with an official proposal aimed to save bailout talks from collapse, as time is running out for a deal…
European Central Bank
Euro sinks after Draghi gives another stimulus hint
By PAN PYLAS The euro fell Friday to a 4 ½-year low against the dollar after European Central Bank President Mario Draghi indicated the bank could soon back a government…
NEW EURO MEMBER LATVIA BRINGS DIRTY MONEY HEADACHE
Associated Press In this photo taken Saturday, Dec. 28, 2013, newly minted Latvian Euro coins in are laid out for display in Riga, Latvia. When Latvia adopts the euro on…
Eurozone recovery grinds to a near halt
By PAN PYLAS Lisbon municipal street cleaner Carlos Rodrigues pulls a hose as he works at Comercio square in downtown Lisbon, Tuesday, Nov. 12, 2013. Rodrigues, who earns the minimum…
EU officials praise Ireland, haggle over banks
By DAVID McHUGH and JOHN-THOR DAHLBURG Dutch Finance Minister Jeroen Dijsselbloem speaks with the media as he arrives for a meeting of the eurogroup at the EU Council building in…
What’s holding the eurozone recovery back?
By PAN PYLAS Stevedores work to unload a cargo ship at Lisbon’s Santa Apolonia port, Thursday, Nov. 14, 2013. The recovery from recession in the 17-country eurozone nearly came to…
ECB-driven market rally peters out after US data
A man looks at an electronic stock indicator outside a securities firm in Tokyo, Thursday, Nov. 7, 2013. Asian stock markets were mostly weaker Thursday, with a cautious mood prevailing…
ECB surprises markets with rate cut
By DAVID McHUGH President of European Central Bank Mario Draghi adjusts his glasses during a news conference in Frankfurt, Germany, Thursday, Nov. 7, 2013, following a meeting of the ECB…