Greek recession eases to 4.6% in sixth year of crisis

ATHENS: Recession in the Greek economy eased in the second quarter, official data showed on Monday but some circles are sceptical that the country can climb out of crisis without new help.

Germany's growth forecast cut by Bundesbank

Germany's central bank, the Bundesbank, has cut its growth forecast for next year, saying the country's economy might be entering a recession.

ECB's Draghi Says Bond-Buying Program Is Ready

KRANJ, Slovenia—European Central Bank President Mario Draghi on Thursday said the bank's new bond-buying program is ready to activate, and put the onus on vulnerable countries such as Spain to first seek and receive assistance from other euro-zone governments.

China’s fears grow over eurozone crisis

China has expressed deep alarm at the escalating crisis in Europe and warned against austerity overkill as Europe's crumbling demand sends shock waves through Asia.

German lawmakers demand ECB voting reform, oppose bond buying

BERLIN (Reuters) - A handful of lawmakers in Angela Merkel's coalition are demanding a reform of the European Central Bank's voting system to strengthen Germany's influence, highlighting worries in Europe's biggest economy about the bank's bond-buying plans.