Germany Warns European Markets Not to Celebrate Prematurely

Germany’s top finance officials warned investors against prematurely celebrating an overhaul of Europe’s economies four years after they plunged into crisis.

IMF's Christine Lagarde says important for euro zone to forge deal on Greece

MANILA: A crucial Eurogroup meeting next week on Greece should forge a deal that will put the insolvent country's economy on a sustainable path, International Monetary Fund (IMF) Managing Director Christine Lagarde said on Friday.

UK economy could shrink by 2pc if Greece exits euro

The UK economy could be plunged even deeper into recession with a GDP contraction of up to 2pc if Greece is forced into a disorderly exit from the eurozone.

Greece worse off staying in euro, says Ifo

Greece's ability to recover competitive economic standing will be severely constrained if it continues to use the euro, and other indebted eurozone countries will likely face similar struggles, the head of Germany's prominent.