Eurozone Financial Ministers

Some of Britain's biggest financial institutions said they were ready to lend more after a decision by the Bank of England to cut their capital requirements, according to a joint statement with finance minister George Osborne on Tuesday.

Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels today, Prime Minister Alexis Tsipras announced.

Greece will not receive money from the Eurozone rescue fund until it implements all of its proposed reforms, the Spanish economy minister told the Financial Times on Sunday.

Portugal's prime minister defied calls to resign on Tuesday after his coalition government was rocked by a second Cabinet resignation in as many days over tough budget cuts that have sharply reduced living standards in one of the poorest countries that uses the euro.

The euro and Asian shares rose on Monday after Cyprus did a last-ditch deal with international lenders for a 10-billion-euro bailout hours before a deadline to avert a financial collapse on the Mediterranean island.

Eurozone Finance Ministers will meet in Brussels on Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.

In an interview to NDTV Profit, Jamal Mecklai, CEO of Mecklai Financial, speaks about how the currency market is going to perform ahead. He expressed concern about the rupee as it fell about 1 per cent in trade today following general weakness in global stock markets. “I don’t expect the rupee to touch the 50 per dollar level any time soon,” ...

The island nation said it required assistance following "negative spillover effects through its financial sector, due to its large exposure in the Greek economy."

The finance ministers of the 17 EU nations agreed Friday at the start of a two-day meeting in Copenhagen to bolster the firepower of euro-zone's financial bailout fund to 700 billion euros.

The move is aimed at preventing a new flare-up of Europe's sovereign debt crisis, but markets may judge it too small.

The 17 finance ministers of the countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency - and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami.

Some of Britain's biggest financial institutions said they were ready to lend more after a decision by the Bank of England to cut their capital requirements, according to a joint statement with finance minister George Osborne on Tuesday.

Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels today, Prime Minister Alexis Tsipras announced.

Greece will not receive money from the Eurozone rescue fund until it implements all of its proposed reforms, the Spanish economy minister told the Financial Times on Sunday.

Portugal's prime minister defied calls to resign on Tuesday after his coalition government was rocked by a second Cabinet resignation in as many days over tough budget cuts that have sharply reduced living standards in one of the poorest countries that uses the euro.

The euro and Asian shares rose on Monday after Cyprus did a last-ditch deal with international lenders for a 10-billion-euro bailout hours before a deadline to avert a financial collapse on the Mediterranean island.

Eurozone Finance Ministers will meet in Brussels on Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.

In an interview to NDTV Profit, Jamal Mecklai, CEO of Mecklai Financial, speaks about how the currency market is going to perform ahead. He expressed concern about the rupee as it fell about 1 per cent in trade today following general weakness in global stock markets. “I don’t expect the rupee to touch the 50 per dollar level any time soon,” ...

The island nation said it required assistance following "negative spillover effects through its financial sector, due to its large exposure in the Greek economy."

The finance ministers of the 17 EU nations agreed Friday at the start of a two-day meeting in Copenhagen to bolster the firepower of euro-zone's financial bailout fund to 700 billion euros.

The move is aimed at preventing a new flare-up of Europe's sovereign debt crisis, but markets may judge it too small.

The 17 finance ministers of the countries that use the euro converged on EU headquarters Tuesday in a desperate bid to save their currency - and to protect Europe, the United States, Asia and the rest of the global economy from a debt-induced financial tsunami.