Former Greek finance minister warns reforms are doomed
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Former Greek finance minister warns reforms are doomed

Former Greek finance minister Yanis Varoufakis has denounced the new rescue plan for Greece as…

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German parliament approves plan for new Greek bailout
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German parliament approves plan for new Greek bailout

German Chancellor Angela Merkel, center, and Vice Chancellor and Economy Minister Sigmar Gabriel, center right,…

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Greek crisis: Government orders banks to re-open Monday as Alexis Tsipras
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Greek crisis: Government orders banks to re-open Monday as Alexis Tsipras

ATHENS New ministers in Greek Prime Minister Alexis Tsipras’ government were sworn in on Saturday…

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German investor optimism undeterred by Greece
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German investor optimism undeterred by Greece

Merkel said on Monday she could recommend “with full confidence” that the Bundestag, the lower…

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Germany Votes to Move Ahead With Greek Bailout, but Opposition Grows
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Germany Votes to Move Ahead With Greek Bailout, but Opposition Grows

Addressing the chamber before the vote, Merkel had argued that “we would be grossly negligent,…

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OPEC cuts oil demand forecast, says supply is too high
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OPEC cuts oil demand forecast, says supply is too high

The group, which controls roughly a third of world oil supply, said in its latest…

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Greeks call German minister a ‘Nazi’ after debt deal
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Greeks call German minister a ‘Nazi’ after debt deal

A confidential International Monetary Fund study seen by Reuters showed Greece will need far greater…

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EUR/USD Steady Around 1.1150 as EU Leaders Talk
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EUR/USD Steady Around 1.1150 as EU Leaders Talk

The MSCI Asia Pacific Index added 0.4 per cent to 141.63 as of 9:10 a.m.in…

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IEA says oil may fall further before supply growth slows
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IEA says oil may fall further before supply growth slows

These included trading suspensions and cheap financing, resulting in a rebound, impacting the crude market…

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Greece told to submit new proposal by Thursday
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Greece told to submit new proposal by Thursday

Alexis Tsipras, Greece’s prime minister, was unable to produce the new plan when he met…

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