Greece Buys Time From ECB as Tsipras Says Country Will Prevail

Greece secured a few more days of financial breathing space from the European Central Bank, as Prime Minister Alexis Tsipras said on a visit to Russia that his country can survive its current crisis.

Austerity versus growth version 3.0 at G20/IMF

(Reuters) - World policymakers gather in Washington later this week to ponder how to sustain economic recovery at a time when the United States is about to turn off its money taps.

Draghi Safety Net Becomes Blindfold to Risk as Bonds Soar

Two years since European Central Bank President Mario Draghi’s historic promise to defend his currency bloc, there are signs bond investors are growing too complacent under his protection.

ECB’s Noyer says seems deflation risk has been avoided

(Reuters) - European Central Bank (ECB) policymaker Christian Noyer said on Saturday it seemed that the risk of deflation had been avoided in euro currency zone, even if inflation remained too low.

BOJ's Sato warns euro area of Japan-style deflation risk

Japan, June 5 (Reuters) - The euro area may face a prolonged period of disinflation that risks harming long-term price expectations, a Bank of Japan policymaker said, warning that the region should not take lightly the potential danger of slipping into a Japan-style deflationary period.

Price cuts aid first-quarter growth for euro zone businesses

(Reuters) - Euro zone businesses started 2014 with their best quarter in three years, but buoyant growth came at a cost as they slashed prices to drum up trade, which could further stoke deflation fears.

Draghi comments at ECB news conference

Following are comments by ECB President Mario Draghi at a post-meeting news conference.

Draghi Says Bank-Aid Rules Must Be Flexible on Forced Losses

European Central Bank President Mario Draghi said banks should be able to access public aid without wiping out junior bondholders if regulators decide a lender needs more capital and isn’t on the brink of failure.

Draghi Said to Ask ECB Panel to Weigh Liquidity Options

Mario Draghi has asked a European Central Bank panel to study options for new bank funding measures, as policy makers try to figure out how to deal with any future liquidity shortages, two euro-region central bank officials said.

Banks cut 5,500 branches across Europe in 2012

(Reuters) - Banks cut 5,500 branches across the European Union last year, 2.5 percent of the total, leaving the region with 20,000 fewer outlets than it had when the financial industry was plunged into crisis in 2008.

Eurozone shuttle diplomacy to pick up pace before critical month

ATHENS/MADRID: After a brief summer lull, euro zone leaders are gearing up for a round of shuttle diplomacy in the run-up to what could be a crucial month in the 2-1/2-year debt crisis.

Euro architect Otmar Issing: Some members could leave

Some members of the eurozone may have to leave the bloc as the debt crisis continues, according to one of the architects of the euro.

Greece 'on the brink' as cash reserves dry up

Near-bankrupt Greece is fast running out of cash while it waits for its next installment of aid from international lenders, a deputy finance minister has said, sounding the alarm on the country's precarious financial position.