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22 Jul 16
The European Central Bank is holding out on a decision to take further measures to boost growth in the eurozone until the impact of the UK’s Brexit vote is clearer.
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25 May 16
Greece’s European creditors have agreed to release €10.3bn in bailout cash and some debt relief for the country following a tense, 11-hour Eurogroup meeting in Brussels yesterday.
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24 May 16
The International Monetary Fund has called for “unconditional” debt relief for Greece and said the current fiscal targets imposed on the country by the Eurogroup are unrealistic.
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23 May 16
Greece has passed yet another round of austerity measures in the hope of securing the release of much-needed bailout funds from its creditors.
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10 May 16
Greece has edged closer to unlocking the next tranche of much-needed bailout funds as eurozone finance ministers commit to look into how to ease the country’s debt burden.
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28 Apr 16
Greek prime minister Alexis Tsipras has had his call for a snap European Union summit rejected as fears grow around a repeat of last summer’s crisis that almost saw Greece ejected from the eurozone.
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4 Apr 16
Portugal has missed its 2015 fiscal deficit target and looks set to remain under the European Union’s excessive deficit corrective measures as a result, the International Monetary Fund has said.
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11 Mar 16
The European Central Bank has cut interests rates across the eurozone as it tries to bolster growth amid fresh fears of a renewed economic crash.
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8 Mar 16
Eurozone finance ministers have urged Greece to put in “extra effort” in implementing economic reforms, as it was announced that Cyprus would be dispensing with International Monetary Fund support...
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8 Feb 16
Portugal’s draft budget for 2016 is “at risk” of failing to comply with eurzone budgetary obligations, the European Commission has warned.
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4 Jan 16
Reforms intended to end the need for taxpayers to bail out crisis-hit eurozone banks came into effect on 1 January.
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23 Jul 15
The EY Eurozone Forecast is a quarterly overview of developments across the Eurozone and the 18 individual member states.
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7 Jul 15
Many developed countries are likely to experience slower growth because they have levels of public sector debt greater than 80% of economic output, a study by the Organisation for Economic Co-...
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6 Jul 15
Voters in Greece have rejected the terms of proposed extension to the country’s euro bailout deal in a nationwide referendum.
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1 Jul 15
The International Monetary Fund has confirmed that Greece missed its €1.5bn debt repayment due yesterday, becoming the first developed country to fall into arrears with the international fund.
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30 Jun 15
Greece could be left without a financial safely net for the first time in five years as it reaches the final hours of its international bailout programme today.
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29 Jun 15
Greece’s place in the European currency union hangs in the balance after eurozone finance ministers rejected Athens’ request to extend a bailout programme beyond June 30.
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25 Jun 15
Greece and its international creditors have failed to reach an agreement on economic reforms for Athens at emergency talks today, renewing fears that the country could default on an International...
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21 Jun 15
Eurozone finance ministers have welcomed the submission of a revised reform package from Greece, which could form the basis of a deal later this week to end the country's debt crisis.
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18 Jun 15
An emergency summit of eurozone leaders will take place on Monday for urgent, high-level discussions about the situation in Greece after talks collapsed last night.
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27 May 15
A round-up of recent public finance stories from Europe you might have missed.
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20 May 15
Greece is today set to meet a deadline to repay a €750m loan to the International Monetary Fund, a Greek finance ministry official has said.
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20 May 15
Global economic growth is set to slow this year due to both sluggish output in a number of major emerging markets and weak expansion in advanced economies, the National Institute of Economic and...
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20 May 15
Economic growth in the eurozone is expected to strengthen from 0.9% in 2014 to 1.5% this year, the European Commission predicted.