Cyprus central bank governor: Ukraine crisis threatens return to growth
Any escalation in the Ukraine crisis poses a threat to Cyprus's economy, the outgoing governor of the country's central bank said in an interview, noting that he expects the bailed-out euro zone member to return to growth in 2015.
Egypt to hold May 26-27 presidential election
Egyptians will vote on May 26-27 in a presidential election that Abdel Fattah al-Sisi is expected to win easily, meaning the former army chief who deposed Islamist President Mohamed Mursi could be sworn in as head of state by early June.
Ukraine wins IMF lifeline as Russia faces growth slump
Ukraine won a $27-billion international financial lifeline on Thursday, rushed through in the wake of Russia's annexation of Crimea, while Moscow's economy minister acknowledged that his country's growth would slow dramatically as funds flee abroad.
U.S., EU to work together on tougher Russia sanctions
The United States and the European Union agreed on Wednesday to work together to prepare possible tougher economic sanctions in response to Russia's behavior in Ukraine, including on the energy sector, and to make Europe less dependent on Russian gas.
Germany's Bundesbank opens door to QE in Europe
The European Central Bank could buy loans and other assets from banks to help support the euro zone economy, Germany's Bundesbank said, marking a radical softening of its stance on the contested policy.
China brakes as euro zone gears up
China's huge manufacturing engine stuttered in the early part of 2014 while a return to growth in French business activity this month suggested a solid, broad-based recovery was taking shape in the euro zone, surveys showed.
Ukraine crisis gives new impetus to EU-U.S. trade talks, U.S. says
Russia's annexation of Crimea underlines the need for the United States and the European Union to substantially deepen their economic ties, Washington's top trade official said on Saturday, opening the door to U.S. exports of natural gas to Europe.
Europe strikes deal to complete banking union
European policymakers agreed on Thursday to complete a banking union with an agency to shut failing euro zone banks, but there will be no joint backstop for a fund to pay the costs of closures.
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