Lawmakers in Cyprus have approved measures to partially finance its own bailout. But the controversial plan to tax bank accounts is still in limbo, as parliament waits on a eurozone finance ministers meeting in Brussels.
Eurozone finance ministers have sided with the European Commission, slamming Italy's resolve to stick to its controversial budget. Brussels has rejected Rome's 2019 fiscal plan and demanded changes.
Greece will exit its stability program on Monday. How has the Greek economy developed since austerity was imposed in 2010? And is Greece prepared to meet the budgetary targets? A data analysis provides answers.
The International Monetary Fund (IMF) has been described as the lender of last resort for countries in financial distress. But the stiff medicine doled out by the fund is still subject to huge controversy.
At a meeting in Sofia, eurozone finance ministers agreed that Athens was on track to exit from eight years of bailouts. But deep divisions persist over how to boost growth and make sure Athens implements reforms.
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