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john o'donnell

John O'Donnell

In the latest proposals, Greece has asked for 53.5 billion euros to help cover its debts until 2018 (Photo: Reuters)

Greece sends reform plan to EU promising new tax hikes

by John O'Donnell |Jul 10, 2015

In the latest proposals, Greece has asked for 53.5 billion euros ($59 billion) to help cover its debts until 2018.

Protesters hold placards forming the word "No" during an anti-EU protest outside the parliament in Athens, Greece June 28, 2015. (Photo: Reuters)

Here's how much Greece owes to international creditors

by John O'Donnell |Jun 29, 2015

Euro zone governments gave Greece 52.9 billion euros in bilateral loans under the first bailout agreed in 2010, known as the Greek Loan Facility.

(Photo: Reuters)

ECB slashes inflation, growth forecasts for euro zone in policy meet

by John O'Donnell |Dec 4, 2014

The central bank's staff cut their prediction for economic output in the euro zone to 0.8 per cent in 2014, 1.0 per cent in 2015 and 1.5 per cent in 2016.

(Photo: Reuters)

European Central Bank keeps interest rates unchanged at record lows

by John O'Donnell |Dec 4, 2014

At Thursday's policy meeting, the ECB left its main refinancing rate, which determines the cost of credit in the European economy, at 0.05 per cent.

European Central Bank President Mario Draghi (Photo: Reuters)

ECB cuts rates below zero to boost euro zone economy

by John O'Donnell |Jun 5, 2014

The ECB cut all its main rates to record lows in a drive to fight off the risk of Japan-like deflation and bring down the euro's exchange rate. For the first time, it will charge banks 0.10 per cent f...