Euro

The probability of Greece leaving the eurozone has jumped from virtually nothing to at least 20 percent since Syriza's Jan. 25 election victory, the head of the German ZEW think tank told Reuters.

If Greece wants support it will have to stay within a bailout program, according to Wolfgang Schaeuble’s spokesman, Martin Jager.

Berlin again raised the “political thermomter” on the continent shortly before Greek FinMin Yanis Varoufakis was to meet with his German counterpart.

Bulgaria's government debt has increased to EUR 11.3 B in nominal terms at the end of December 2014 from EUR 7.2 B a year earlier, Finance Ministry data showed on Wednesday.

Government debt has also increased compared with November 2014, when it totalled EUR 9.6 B.

The eurozone economy is sprouting more green shoots than anticipated just as the European Central Bank fires up a money printing program worth more than 1 trillion euros.

Greece sold 1.138 billion euros ($1.27 billion) of six-month Treasury bills on Wednesday, covering the amount it wanted to refinance a maturing issue, in a sale that tested the country's ability to raise funds amid a cash crunch.

By Nikos Chrysoloras

Greece's anti-bailout governing coalition wants to reduce the country's debt burden. Who's on the hook if they succeed?

By Jeff Black & Georgios Georgiou

There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings.

As Financial Times report the European Central Bank resists Greek new government’s latest bailout plan.

Following Greek government's decision to abandon its request for a "haircut", the markets took a breather.

Also opens the way for meetings between the Greek Minister of Finance and the ECB President as well as with his German counterpart.

The decision led to a rally in the Greek stock market and crated declines in yields on Greek bonds.

Yanis Varoufakis appeared confident of finding a new middle ground for a deal with European partners and lenders after his meeting with the Italian FinMin. This meeting basically paved the way for a meeting between the Prime Ministers of the two countries.