package

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending 3 August 2016, the MPC voted for a package of measures designed to provide additional support to growth and...

Greece’s finance minister has staunchly defended his handling of the country’s relations with international lenders, accusing his critics of promoting “a mood of uncertainty and scaremongering,”* the Financial Times reports. more...

Switzerland's government will unveil a 1.5 billion Swiss franc ($1,9 billion) package to help the country deal with the strong currency when it meets later on Wednesday, a Swiss newspaper reported. more...

CNBC's Michelle Caurso-Cabrera has an update on Italy's debt resolutions and CNBC's Mandy Drury takes a look ahead at what investors can expect from the stress test results of Europe's biggest banks, with Guy Lebas, Janney Montgomery Scott, and Michael Hewson, CMC Markets. more...

German Chancellor Angela Merkel pressed Monday for a quick agreement on a new rescue package for Greece, and said she is confident that Italy will push through an austerity plan. more...

Greece's parliament begins on Monday to debate a deeply unpopular austerity plan which international lenders are demanding to see approved this week to avert the threat of bankruptcy. more...