Greece's lenders: who has most to lose?

As eurozone leaders meet in another effort to broker a deal between Greece and its creditors, those who have lent to the near-bankrupt country are asking if they will ever get their money back.

ECB's Nouy says banks must show they can make profits

(Reuters) - Euro zone banks that failed or barely passed this year's health checks will have to demonstrate they can make sustainable profits and may need to sell off loss-making units, the European Central Bank's top banking supervisor said.

David Cameron warns of looming second global crash

David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way as when the financial crash brought the world to its knees six years ago.

EU ready to help Greece in 'whatever way necessary'

(BRUSSELS) - The EU will help twice-bailed out Greece "in whatever way necessary," the bloc's top economics official said Thursday, as stocks plunged across Europe on fears of a return of the eurozone debt crisis.

Standstill confirmed: eurozone growth has ground to a halt

The eurozone saw no growth whatsoever in the second quarter of this year, as ongoing tensions over Ukraine and weak demand weighed on output.

Jackson Hole Message Is Labor Markets Don’t Justify Higher Rates

Global central bankers led by Federal Reserve Chair Janet Yellen said labor markets still have further to heal before their economies can weather higher interest rates.

Italian PM Renzi meets ECB's Draghi as economy slides

(Reuters) - Italian Prime Minister Matteo Renzi confirmed he met European Central Bank President Mario Draghi this week, just days after Draghi urged faster action to overhaul Italy's economy.

Draghi: Cramped credit hurting recovery

SINTRA, Portugal (AP) — European Central Bank President Mario Draghi says the ECB could take targeted steps to get credit flowing to struggling small businesses as a way to boost the tepid economic recovery.

German economy gets off to good Q1, but confidence dips

FRANKFURT: Booming investment provided the German economy with a healthy kick start into this year, but business confidence in Europe's biggest economy appears to be stalling already, data showed on Friday.

ECB hints at further stimulus to combat low inflation

The European Central Bank (ECB) has said it will provide "further stimulus" to the eurozone economy if inflation in the bloc continues to remain low.

Euro zone may need lower rates: ECB member

(Reuters) - Euro zone countries are experiencing a recovery but lower interest rates may be needed to nurture it, European Central Bank executive board member Benoit Coeure told France's Le Figaro newspaper on Friday.

Head of Cyprus' central bank resigns

The head of the Cypriot central bank, Panicos Demetriades, has resigned.

Eurozone business growth accelerated in February, PMI survey says

Business growth in the eurozone accelerated last month to its fastest pace since June 2011, a survey says.

German inflation at lowest in three and a half years, raising pressure on ECB

(Reuters) - German annual inflation eased to its lowest level in 3-1/2 years in February, data showed on Thursday, underlining deflation fears and raising pressure on the European Central Bank to act.

Excess euro zone liquidity seen near current levels at end of first-quarter: poll

(Reuters) - Excess liquidity in the euro zone will be near current levels at the end of this quarter as banks slow repayments of their crisis loans, according to a firm majority of traders in a Reuters poll.

IMF's Lagarde sees eurozone inflation "way below target"

DAVOS, Switzerland (Reuters) - Euro zone inflation is "way below target" and deflation is a potential risk for the bloc, International Monetary Fund Managing Director Christine Lagarde told the World Economic Forum in Davos on Saturday.

Draghi’s Deflation Risk Complicates Recovery: Euro Credit

Mario Draghi is facing down a deflation threat with few options left to fight it. Consumer prices in the euro area are rising at the slowest pace in four years, well below the European Central Bank’s target of just under 2 percent.

Loans to eurozone businesses drop sharply: ECB

Lending to businesses in the debt-mired eurozone contracted sharply in August, data published by the European Central Bank showed on Thursday, souring recent positive sentiment about a nascent economic recovery.

Fed need not rush to taper while inflation is low: Bullard

(Reuters) - Low readings on inflation allow the U.S. Federal Reserve to be patient in deciding when to scale back its pace of asset purchases, a senior Fed official said on Friday, cautioning that he would not back action until price pressures picked up.

EU wants one definition of bad loans for bank tests: Source

LONDON/FRANKFURT: Banks across the European Union will be asked to use a single definition for bad loans in the upcoming review of their loan books, a senior EU regulatory source told Reuters, making it harder for banks to conceal the state of their businesses behind local conventions.