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News
Upbeat ECB ready to start printing money next week
The European Central Bank said it will start printing money to buy bonds next Monday and delivered a robust economic outlook that will make it hard to extend the plan beyond its envisaged Sept. 2016 end-date.
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Merkel says euro zone has hands full with existing Greek bailout program
German Chancellor Angela Merkel on Wednesday refused to speculate if Greece could count on a third aid package from its euro zone partners after Athens had completed its existing bailout program.
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Grexit risk rising despite cash lifeline
Chances of Greece leaving the euro zone in the next 12 months are the highest since late 2012 even though Athens's financial lifeline has been extended, a survey of investors based mainly in Germany showed on Tuesday.
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China parliament to juggle reform drive and slower growth
China's slowing economy will be at the forefront as parliament convenes for its annual meeting this week, with a weekend interest rate cut a reminder of the challenge of balancing painful restructuring with combating the onset of deflation.
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China central bank steps up easing tempo as factory activity shrinks
Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.
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Ukraine crisis prompts German debate on restocking military
Germany is considering buying more tanks in the light of the Ukraine crisis and Europe's deteriorating relations with Russia, after years of drastic cuts left the military operating with just 75 percent of the heavy equipment it needs.
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Euro zone lending shows sign of turnaround as morale improves
Bank lending in the euro zone fell slightly in January but at a slower pace than a month earlier, suggesting the economy may be turning a corner as consumer morale picks up in the bloc's largest economies.
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Turkey goes back to other missile system bidders as China drags feet
Turkey is pressing ahead with talks with U.S. and European firms over its first long-range missile defense system, as the preferred Chinese bidder has yet to meet all requirements for the multi-billion dollar project, two officials said on Thursday.
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