Wolfgang Schäuble

On Monday, Greek banks are set to reopen after closing their doors for three straight weeks following the European Central Bank's decision to extend further credit lines to the nation's struggling financial sector. While EU officials and Greek leaders have agreed to a flimsy deal to keep the nation...

Could there finally be a light at the end of the tunnel? Signs are pointing toward the increasing likelihood of a deal between Greece and its eurozone creditors. Greek Prime Minister Alexis Tsipras met with the heads of the Troika – the European Commission, European Central Bank and...

Upon his re-election as British Prime Minister, David Cameron pledged to begin negotiations with eurozone policymakers in order to revise the UK's membership within the EU. During his campaign, Cameron promised to hold a referendum on the region's membership by 2017, though he has made...

After the left-wing Syriza party came into power following Greek elections over the weekend, markets were relatively calm as investors kept their cool with an eye on long-term stability. However, as Syriza leader Alexis Tsipras was sworn in on Monday, eurozone policy makers began their campaign...

So far at least, the New Year has been anything but happy for stock market investors. In short, traders have ignored the traditional seasonal pattern and have instead focused on the negative. So, the worries are back. Greece is back. And after Monday, some fear appears to be back at the corner...

The FOMC minutes’ release continues to be the main driver in the markets. The minutes, to be released at 18:00 GMT, will hopefully provide some guidance about when the Fed will begin to taper its bond buying stimulus. Top News In other news around the markets: The euro/dollar...

The euro remained steadily at $1.28 on Tuesday morning after the Troika agreed to unlock 4 billion euros worth of aid as part of Greece's bailout. The money is coming at a price though; the nation's creditors have demanded that Athens cut back on government payrolls , among other belt tightening...

Court proceedings in Germany began after more than 35,000 Germans filed a complaint against the European Stability Mechanism, claiming it violates the nation's central banking mandate. The trial has been widely covered by German media as policy makers argue over whether or not the European Central...

The eurozone took a step toward unifying its banking system on Tuesday as Jeroen Dijsselbloem, Dutch finance minister and President of the Eurogroup, discussed a new round of stress tests which would evaluate the current state of the region's banks before they are linked. The Wall Street Journal...

Rumblings that the euro may have found the light at the end of the tunnel kept the common currency trading steadily at $1.30 on Friday morning as eurozone officials optimistically concluded that no more major problems were foreseen in the near future. Reuters reported that European Central Bank...

U.S. equity futures were flat in early Tuesday trading as the last week of the August vacation season weighed on volumes. Oil prices were strong as Hurricane Isaac bears down on the gulf coast and has shut down 78 percent of gulf oil production. Also, Fitch Ratings' Riley stated in a Bloomberg...

Former chief economist of the European Central Bank Jurgen Stark has openly stated reservations about any further bond buying from his former employer. In a radio interview with Deutschlandfunk in his native Germany, Stark vehemently opposed bond buying by the ECB, stating that it was against the...