US Federal Reserve

A solution to the Cyprus problem is possible within months, the Turkish Cypriot chief negotiator in UN-brokered talks that resumed this week on reunifying the island said on Saturday.

Prime Minister Victor Ponta on Wednesday evening said that several Liberal politicians had "official and private" meetings with representatives of Austrian company Schweighofer and misinformed the Presidential Administration on the topic of the Forestry Code.

Photo credit: (c) (c) Liviu SOVA / AGERPRES PHOTO

By John O'Donnell & Frank Siebelt

Greek Deputy Prime Minister Yannis Dragasakis meets European Central Bank President Mario Draghi on Tuesday, as his government seeks financial breathing room to prevent a default and stay in the euro.

There was a new arrangement in the hall where the National Security Council (MGK) meeting was held on April 29 in President Recep Tayyip Erdo?an?s palace. I saw it in the photographs.  

A giant table is in the hall. The table resembles a horseshoe and in the middle of the empty space there is a solid pyramid. 

LONDON - Greek shares outperformed their European counterparts Tuesday amid mounting hopes of a breakthrough in the country's tortuous discussions with creditors. Elsewhere, profit-taking and jitters ahead of a run of U.S. data and the start of the Federal Reserve's latest policy meeting kept sentiment in check.

By Paul Gordon & Andre Tartar

The European Central Bank won?t end its asset-buying program early, though it might do so abruptly, economists say.

I was in Washington D.C. from April 13 to 19 for the 2015 Spring Meetings of the World Bank Group and the International Monetary Fund. I summarized my first impressions in my April 17 column. I now would like go through the whole nine yards.

As a deal between Greece and its creditors appears far from imminent, concerns mounted over the weekend over the country?s finances and its prospects within the eurozone as a US Federal Reserve report indicated that the risk of a possible Greek exit from the common currency area has grown and is leading Europe into uncharted waters.

The Central Bank?s April Monetary Policy Board meeting will be held today on April 22. The fluctuations in the foreign exchange (forex) rates are continuing but the Central Bank is not expected to increase rates to stop this. 

By Wes Goodman

For weeks Treasuries have drawn investors as German bond yields tumbled. Thanks to Greece, that?s all changing.