Greece Aid Accord Looks Elusive as Tsipras Sticks to Red Lines

An agreement between Greece and its international creditors to unblock financing and avert a default looked elusive after Greek Prime Minister Alexis Tsipras said he won’t strike a deal at any cost.

Ukraine crisis: US and EU boost sanctions on Russia

The US and EU have bolstered sanctions against Russia over its alleged support for separatists fighting in Ukraine.

EU ministers seal banking agreement on eve of Brussels summit

EU finance ministers announced late on Wednesday night that they had reached agreement on a new system for dealing with eurozone banks, under intense pressure to seal the accord on their new flagship policy in advance of a two-day Brussels summit opening on Thursday.

IMF's Lagarde keeps pressure on ECB

The European Central Bank has room to cut interest rates further to support demand in the eurozone, the head of the International Monetary Fund said Friday.

EU leaders agree budget cut deal in Brussels

EU leaders have reached an agreement on the budget for 2014-20 after marathon talks in Brussels.

Christine Lagarde: IMF to cut global growth forecast

International Monetary Fund (IMF) chief Christine Lagarde has said that the organisation's next forecast for global economic growth would be down from the 3.5% predicted in April.

Spain has successful bond sale after tough week

MADRID (AP) — Spain raised €2.1 billion ($2.62 billion) Thursday from the bond markets — but investors demanded a higher interest rate out of concern that the country's troubled banks were weighing heavily on government finances.

Europe strengthens fiscal ties

NEW YORK (CNNMoney) -- In a widely expected move, top leaders from most European Union nations signed an accord Friday that aims to strengthen economic ties and restore confidence in the euro.

EU summit: Greek second bailout delayed another week

Greece will not get funds from a second EU/IMF bailout until its private creditors give final approval for their losses next week, EU ministers say.