The European Union has warned Italy over its finances. EU officials say they are prepared to begin disciplinary procedures against Rome over its growing debt.
Christine Lagarde has stepped down as managing director of the International Monetary Fund, saying she now has more clarity on her nomination to be the next head of the European Central Bank.
China has reason to celebrate the new business-friendly prime minister in Athens, Kyriakos Mitsotakis. But Greece can't ignore the European Union, even if it's increasingly dependent on China, says DW's Frank Sieren.
Italy's foreign minister has called for recent problems posed by mass migration to be solved within a European framework. Italy has borne the brunt of a huge influx of migrants to Europe that erupted in 2015.
Global central banks' role is now exhausted and monetary stimulus adds little economic value, in fact it does more harm than good. Those are not the warnings of rabid Marxists, but the Bank for International Settlements.
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