DCB Bank has witnessed a significant jump in its foreign remittance services on the coronavirus outbreak, specially for education purposes, as parents want to ensure their children abroad have sufficient money to sustain themselves in the situation of a lockdown
The financial impact of the coronavirus — visible in shuttered factories, empty airports and desolate downtowns — makes government worst-case scenarios, a 4.3 percent decline in European Union economic output by the end of 2022, seem mild
In France's Yellow Vest protests, President Emmanuel Macron faces a problem without a defined purpose or prescription
Any discussion with the Yellow Vest protesters, runs into a further problem. Who, if anyone, would be the chief interlocutor? The Yellow Vests are neither a party nor an organised movement but a structureless, sudden materialisation of groups mobilised through social media.
Greece is slated to leave its financial rescue on 20 August and finance ministers from the 19 countries that use the single currency were under pressure to offer Athens a goodbye deal that left it strong in the eyes of the financial markets.
Using its knack for digital innovation to capitalise on the global explosion in e-commerce, the small cyber-savvy Baltic eurozone state became the first country to offer e-residency identification cards to people worldwide in 2014.
"Economic cohesion of the eurozone member states leaves something to be desired," Angela Merkel said.
The Eurogroup's decision came following Greek lawmakers' approval of fresh measures for the second review of the country's bailout programme
Greece to get a payout of 8.5 billion euros, eurozone ministers 'optimistic' about Greek bailout deal
Eurozone ministers said they were optimistic about reaching a bailout deal with Greece but warned Athens would have to wait for a deal on future debt relief
Greece debt crisis: Eurozone finance ministers talk reaches dead end, additional options to be explored
Eurozone finance ministers were unable to reach a deal for fresh bailout cash for Greece, as a row with the International Monetary Fund over debt relief dragged on.
German Chancellor Angela Merkel and France's new president Emmanuel Macron vowed on Monday to give a new impetus to Europe, saying they were ready to even change EU treaties if necessary.
Bari: IMF chief Christine Lagarde on Friday urged eurozone lenders to be "far more specific" in their commitment to a debt-relief package for Greece. The International Monetary Fund has made a package easing Greece's repayment burden a condition of its participation in a 86-billion-euro (USD 94-billion) bailout.
MSCI's broadest index of Asia-Pacific shares outside Japan bounced 0.8 percent, its biggest daily rise since 22 November, breaking two days of falls. Korea climbed 1.2 percent while Japan rose 0.8 percent
Italians went to the polls Sunday in a constitutional referendum on which reformist Prime Minister Matteo Renzi has staked his future.
The minister said twice that Britain's decision to leave the EU - a Brexit - "can only be negative" for the country, but "we have to accept the vote."
Brexit may open up an opportunity to India in terms of economic diplomacy.
Eurozone finance ministers on Wednesday agreed to extend further bailout loans to Greece as well as debt relief, in what they called a "major breakthrough".
German Chancellor Angela Merkel has said the European Union cannot allow Greece, a country bailed out from its huge debt crisis, to plunge into "chaos" by shutting European borders to refugees.
As EU leaders prepare for a Brussels summit that starts Thursday, analysts believe the combined strain of challenges including a refugee crisis, threats facing the euro currency and Britain's plan to hold a referendum on whether to leave the EU may be unbearable for the 28-nation bloc.
British Prime Minister David Cameron on Thursday won support from German Chancellor Angela Merkel for EU reforms to protect European welfare systems.
Unemployment across the 19-country eurozone has fallen to its lowest rate in a little more than four years