ATHENS - German President Joachim Gauck dismissed Greek demands for compensation for Nazi-era crimes during a symbolic visit to Greece on Thursday, and instead offered to set up a new fund to remind Germans of their past.
ATHENS - Greece has asked its international lenders to approve its latest bailout review despite an unresolved dispute over how much new capital its banks need, a senior finance ministry official said on Wednesday.
ATHENS - Greece's international lenders have agreed that a lower capital ratio can be used in a second stress test of the country's major banks, bringing it in line with a European banking benchmark, a banker close to negotiations told Reuters on Thursday.
ATHENS - Greece resumed bailout talks with its international lenders on Monday, hoping to end six months of wrangling over the release of new rescue loans it needs to avoid default.
ATHENS - Greece's four big banks are expected to need a total of about 5 billion euros ($6.9 billion) in extra capital, based on a second stress test by the central bank, two senior banking sources told Reuters on Friday.
FRANKFURT - European car sales rose 5.2 percent in January, with increases in previously crisis-hit countries such as Greece, Ireland, Italy and Portugal suggesting a recovery is gaining strength.
BERLIN - The head of the euro zone's bailout funds, Klaus Regling, said that he believes banks in Spain, Portugal, Cyprus, Greece and Ireland are in good shape and that there will not be any surprises in European Central Bank stress tests due later in 2014.
ATHENS - Greek opposition leader Alexis Tsipras said on Sunday he will not support any candidate for president in spring 2015 in the hope of forcing an early parliamentary election.
ATHENS - Greece's primary budget surplus has exceeded expectations and will allow the government to boost social spending on austerity-hit citizens, Prime Minister Antonis Samaras told a newspaper.
NICOSIA - Leaders of ethnically split Cyprus agreed to press anew to forge a system of power sharing on Tuesday to end a bitter and long-running conflict that is frustrating Turkey's hopes of joining the EU and complicating its relations with Greece.