Mario Draghi to deliver bond plan at crunch ECB meeting
European Central Bank chief Mario Draghi faces the most decisive moment of his presidency on Thursday when he tries to heal divisions among policymakers and deliver on his promise to save the euro.
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Big credibility test looms for ECB and Draghi
If Mario Draghi manages on Thursday to satisfy financial markets while forging a political consensus on how to lower southern Europe's sky-high bond yields, the European Central Bank chief should be o
Merkel tries to calm storms over Greece, ECB policy
Angela Merkel tried to calm a growing storm over eurozone crisis strategy on Sunday after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a conservative ally of the German leader
Merkel, Hollande urge Greece to stick to reforms
Angela Merkel and Francois Hollande urged debt-wracked Greece on Thursday to push through with painful but crucial reforms to safeguard its eurozone future as they began talks here.
The German chance
End of Italy's economic crisis getting closer: Monti
Italy's economic difficulties are not as serious as they were a year ago and the end of the crisis is getting closer, Italian Prime Minister Mario Monti said on Sunday.
"A year ago we thought less th
Slowdown effect: Office space demand plunges 32% in H1
The current global slowdown, which has forced multinationals to consolidate their overseas operations, has resulted in a significant decline in the absorption level of office space in the country.
ECB saves Greece from bankruptcy by securing emergency loans: Report
The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of Greece, German newspaper
IMF says not enough done to stop spread of eurozone crisis
The International Monetary Fund on Thursday called for a 'policy game changer' in the eurozone to arrest the spread of the debt crisis it now says is clearly engulfing the entire currency bloc and its
Sensex down 116 points in early trade
The BSE benchmark Sensex on Friday fell by nearly 116 points in early trade, due to increased selling by funds largely in tandem with a weakening trend on other Asian bourses after the European Cen
Merkel and Monti pledge to do everything to protect eurozone
German Chancellor Angela Merkel and Italian Prime Minister Mario Monti will do everything to protect the eurozone and swiftly implement measures agreed by European leaders in June, their governments s