Antonis Samaras, the leader of Greece’s New Democracy party, has claimed today that Greece could make a “spectacular comeback” from its current woes. Samaras made the claim in an article published this morning, as the upcoming Greek general election moves closer. In it, Samaras renewed his call for Europe to grant Greece fresh measures to [...]

Quite a busy agenda today, with meetings continuing in Brussels, and various key players in the eurocrisis speaking – plus an interest rate decision in America. Here’s today’s agenda: • ECOFIN meeting in Brussels – all day • UK Trade data for January 9.30am • Germany’s ZEW economic sentiment survey – 10am GMT / 11am [...]

Creditors agreed to a plan to restructure Greek government bonds, government officials said Friday, marking a vital move to the financial future of the country. The monumental deal means Greece has cleared its final hurdle to qualify for the €130 billion bailout program from the European Union and International Monetary Fund. More than 85% of [...]

The eurozone crisis will dominate an EU summit on Monday, with an emphasis on growth and “smart” budget discipline. The EU has more than 23 million unemployed people and there are fears that wide-ranging budget cuts will harm enterprise and training. Cuts need to be “smart” – well-targeted – to allow room for future growth, [...]