IMF Deputy MD David Lipton 'optimistic' about Greece

WASHINGTON: IMF Deputy Managing Director David Lipton said Friday he was optimistic that Greece could get its restructuring program back on track and remain in the eurozone.

Spain economy contracted 0.4% q/q in Q2: Central Bank

MADRID: Spain's economy sank deeper into recession in the second quarter, the Bank of Spain said on Monday, as markets spooked by funding problems in the country's regions pushed it ever closer to a full international bailout.