BNP Paribas SA

A month ago, money managers were the most optimistic on gold this year. Now, they can’t seem to unload bullion fast enough.

By Lucy Meakin

One week after euro-area finance ministers agreed to extend Greece's bailout, the nation's government bonds are showing no sign of moving above where they were when the anti-austerity Syriza party was elected.

The European Banking Authority will for the first time publish details of banks’ losses from fines and litigation when it releases the results of European Union-wide stress tests later this year.

European Union banks will be ranked on how well they can withstand a 21.2 percent slump in home values, coupled with a surge in unemployment and plummeting economic growth, as part of the bleakest scenario in the most severe EU stress test to date.

By Sharon Smyth

Greece is preparing a property portfolio valued at as much as 500 million euros ($689 million) to offer to investors by the end of this year, according to the head of the Hellenic Republic Asset Development Fund.