Austria defies mounting pressure to end bank secrecy
DUBLIN (Reuters) - Austria defied growing pressure to follow Luxembourg in ending bank secrecy, after a group led by Europe's six biggest countries pledged to work together to tackle tax...
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Euro zone urges Cyprus to propose how to reach bailout
BRUSSELS (Reuters) - Euro zone finance ministers urged Cyprus on Thursday to say how it could reach a deal with international lenders that would save it from bankruptcy after the...
Cyprus bailout may turn out smaller thanks to deposit tax
BRUSSELS (Reuters) - Cyprus may require a smaller bailout than previously thought because the Mediterranean island could raise money from a levy on deposits and other taxes, euro zone officials...
Lenders want Cyprus capital gains tax, Russia could join bailout
BRUSSELS (Reuters) - International lenders would like Cyprus to raise its corporate tax and introduce a levy on capital gains and a financial transaction tax to ensure it can repay...
Weak growth likely to win euro zone more time to cut deficits
BRUSSELS (Reuters) - Several euro zone countries are likely to miss deficit cutting targets because of a weak economy, the European Commission is expected to forecast on Friday, but they...
EU leaders strike deal on long-term austerity budget
BRUSSELS (Reuters) - European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of intense negotiations, seeking to placate millions at...
Eurogroup to discuss Greek buy-back, Cyprus
BRUSSELS (Reuters) - Euro zone finance ministers will discuss on Monday the terms of the Greek debt buy-back to be announced that day and review a Cypriot bailout, though no...
Eurogroup to discuss Greek buy-back, Cyprus
BRUSSELS (Reuters) - Euro zone finance ministers will discuss on Monday the terms of the Greek debt buy-back to be announced that day and review a Cypriot bailout, though no...
Greece, markets satisfied by EU-IMF Greek debt deal
BRUSSELS (Reuters) - The Greek government and financial markets were cheered on Tuesday by an agreement between euro zone finance ministers and the International Monetary Fund to reduce Greece's debt,...
IMF wants 40 billion euro cut in Greek debt, more later-source
BRUSSELS (Reuters) - The International Monetary Fund wants euro zone finance ministers to agree to cut Greece's debt by 20 percent of GDP now and commit to further debt reduction...