All Stories: Eurozone

LUXEMBOURG: Germany's powerful finance minister Wolfgang Schaeuble on Saturday sharply criticized an EU proposal to create a common deposit-insurance system for Eurozone banks.

BRUSSELS: The 19-nation eurozone grew by 0.4 percent in the second quarter, official data showed on Tuesday, revising upward a first estimate that sparked worries about the health of the European economy.

ATHENS: Greece will introduce capital controls and keep its banks closed on Monday after international creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff to a dangerous new level.

FRANKFURT: Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday.

NEW YORK: The euro retreated against other major currencies Friday as struggling Greece refused to meet with its international creditors and rejected fresh loans, and the eurozone showed weaker inflation.

WASHINGTON: The US economy grew at its fastest pace in four years in 2014, outpacing all of the other major developed countries as consumers gained confidence helped by sinking oil prices.

PARIS: A Greek exit from the eurozone would certainly come at a cost to Europe, but just how expensive would it be?

NEW YORK: Oil prices finished the first day of 2015 trade lower as disappointing manufacturing data from the US, China and Europe kept pressure on the beaten-down commodity.

WASHINGTON: Finance chiefs of the Group of 20 economic powers said Friday they remained confident about the global economy, despite renewed weakness in areas like the eurozone.