The ECB's in a Tight Spot Over Greece

European Central Bank policy makers will discuss Greek bank aid on Wednesday in a chore that is getting more uncomfortable every week.

Varoufakis refuses any bailout plan that would send Greece into ‘death spiral’

Greece’s embattled finance minister, Yanis Varoufakis, stepped up his war of words with eurozone policymakers on Thursday, saying he wished his country still had the drachma, and would not sign up to any bailout plan that would send his country into a “death spiral”.

Greek PM Tsipras sees EU deal by next week

Prime Minister Alexis Tsipras has said Greece is in the final, critical stretch of talks with its international creditors and that he believes an interim deal will be in place by 9 May.

Cyprus plans two international debt issues in 2015: finance minister

(Reuters) - Cyprus plans two international debt issues this year, its finance minister said on Monday, seeking a firmer footing in markets after a near meltdown in 2013.

Australia's Abbott wants economic reform to be focus at G20

(Reuters) - Australian Prime Minister Tony Abbott, the host of the G20 Leaders Summit, said on Saturday he wanted an informal retreat of leaders to discuss economic reform but was open to other issues.

Germany denies report on post-bailout aid for Greece

(Reuters) - The German government on Thursday denied a Greek media report that Finance Minister Wolfgang Schaeuble and his Greek counterpart Gikas Hardouvelis had reached an agreement on further support for Greece after it exits its bailout program.

China could 'punish' Hong Kong over protests, says ex-HK central bank chief

A member of China’s central bank’s advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue.

China allows first ever corporate bond default

A Shanghai solar panel maker has become the first ever Chinese company to default on its corporate bonds, after the government refrained from bailing it out on Friday.

IMF's Lagarde urges caution over withdrawing stimulus

The head of the International Monetary Fund has warned central banks not to end their stimulus measures too soon.

Japan PM Shinzo Abe hints at possible tax hike delay

TOKYO: Japan's Prime Minister Shinzo Abe said Sunday an upper house election will take place on July 21 and voiced the possibility of delaying a consumption tax hike scheduled for next year if the economy remains weak.

ECB offers no helping hand for Italy, says markets calm

FRANKFURT: Markets have settled quickly after Italy's fractured election result and any threat of contagion has been muted, the European Central Bank's chief said on Thursday, suggesting it is in no rush to take any action.

Greece Waits Nervously for Vital Bailout Funds

Euro zone finance ministers are likely to approve the next tranche of loans to Greece on Tuesday although the money is unlikely to be disbursed before December and a deal on debt reduction may need further talks.

Greece says wins more time from creditors but no deal confirmed

ATHENS: Greece's finance minister announced Wednesday he had agreed on a new austerity package with its international creditors and won more time to fix the debt-crippled nation's finances -- but the European Central Bank insisted there was no deal yet.

Europe's outlook darkens as German growth fades

BERLIN (AP) — Europe's economic outlook darkened further Thursday when top economists slashed their growth forecasts for Germany and warned that public support for more financial aid to struggling countries was evaporating.

Germany Pushes Back After Moody’s Lowers Rating Outlook

Chancellor Angela Merkel’s government said Germany will remain Europe’s haven during the financial crisis, pushing back against Moody’s Investors Service’s decision to lower the outlook on the country’s top credit rating.

Europe reforms 'hard' without growth, says Robert Zoellick

WASHINGTON: World Bank president Robert Zoellick said Tuesday that Europe would struggle to achieve needed economic reforms without growth to support them.

Myanmar says it will put stability ahead of economy: report

SINGAPORE (Reuters) - Myanmar President Thein Sein said his government was committed to political reform and would put the stability of the country ahead of economic development, Singapore's Straits Times newspaper reported on Tuesday.