Greece may need to default on debts as IMF deadline looms, warns Goldman

Greece may have to default on its debts and impose curbs on bank withdrawals before reaching a deal with its creditors, according to Goldman Sachs, as a crucial payment deadline approaches.

EU Said to Welcome Greek Progress While Seeking More Work

Euro-area finance ministers welcomed the progress Greece has made on meeting the terms of its bailout program while demanding more work before funds can be released, according to two officials.

David Cameron's next big battle - the EU referendum and a possible Brexit

As the City of London celebrates a Conservative victory, it must also face a referendum on the UK’s membership of the European Union.

Business 'relief' over Scotland's rejection of independence

Many businesses have spoken of 'relief' over Scotland's rejection of independence, but said the "No" vote was the start of a period of change.

Scottish independence: Firms say 'Yes' vote would benefit economy

More than 200 business figures have signed an open letter backing Scottish independence. Stagecoach chairman Sir Brian Souter and Clyde Blowers boss Jim McColl are among signatories who say independence is in Scotland's economic interest.

Italy approves economic package amid scepticism, recession

(Reuters) - Italy has pushed through a package of support measures for the economy that offers some help to businesses, but pressure is rising on Prime Minister Matteo Renzi to take more significant steps to pull the country out of recession.