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Wednesday, June 3, 2020
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Eurozone talks break off without agreement on fight against pandemic

Finance ministers from the 19 countries that use the euro single currency have broken off talks amid deep divisions over how best to respond...

EU slashes forecasts for Eurozone economic growth over Brexit and other threats

U officials have slashed their growth forecast for the 19 countries that use the euro, saying even the reduced estimate was vulnerable to "large...

EU warns Italy over possible legal action amid budget eurozone rules breach

The European Commission has warned Italy that its budget plans are in serious breach of the rules underpinning the euro single currency and that...

Eurozone economy grows more than expected

The eurozone's economy has been growing by slightly more than expected. Official figures for the 19 countries using the currency show it rose by 0.6%...

Eurozone deficit down at lowest level since early 2008

The level of government borrowing in the 19-country eurozone has fallen to its lowest level since early 2008. Following years of often strict budget...

Greece’s European creditors suspend debt relief measures

European creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures by Athens. Greek stocks fell sharply...

European Banks in Trouble? Huge Risk of Financial Instability

Wall Street firms warn that the Eurozone banks pose a high risk of financial instability. Most likely due to the sounding of alarms over...

French minister: Eurozone needs more integration post Brexit

Britain's exit from the European Union makes deeper integration between eurozone countries even more necessary than before, France's finance minister has said. Although some have...

Eurozone creditors approve new rescue loans for Greece

Greece has won a new batch of rescue loans from international creditors following agreement among the 19 eurozone finance ministers. After the ministers approved Greece's...

European Commission cuts economic growth forecast

The European Commission has cut its forecast for economic growth in the Eurozone this year. It has cut its prediction for the 19-country bloc in...

Latest news

Severe cyclone approaches India’s financial capital Mumbai

India’s western coast and financial capital Mumbai are braced for the first cyclone in a century as cases of coronavirus continue to surge. Police encouraged...

Nissan warns Sunderland plant ‘unsustainable’ without EU trade deal

Car giant Nissan has warned it will not be able to sustain operations at its Sunderland manufacturing plant if Brexit negotiations fail to establish...

Protests like Jadon Sancho’s ‘deserve applause not punishment’ – FIFA president

FIFA president Gianni Infantino believes the Bundesliga players who protested about the death of George Floyd on the pitch last weekend “deserve an applause...

Trump backs away from military threat

President Donald Trump appears to have backed away from his threat to deploy troops to quell ongoing race protests, a day after threatening states...

Child given plasma in coronavirus treatment trial

A child in England has become the first patient to receive a transfusion of plasma from people who have recovered from coronavirus through a...
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