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Romania PM picks EU funds minister as new finance minister

BUCHAREST (Reuters) - Romania's leftist prime minister, Victor Ponta, said on Friday he had appointed the government's EU funds minister, Eugen Teodorovici, as the new finance minister.

Greek Deputy FinMin Confirms Athens Is "Prepared For Rift" With Europe

Just days after Greek FinMin Yanis Varoufakis' comments about hoping the Greek people will continue to back the government "after the rift," were played down by Syriza; ekathimerini reports that Alternate Finance Minister Euclid Tsakalotos...Show More Summary

Schäuble: Wrong to Support QE While Criticizing German Surplus

German Finance Minister Wolfgang Schäuble said it isn't fair for international finance officials to support European Central Bank quantitative easing, while at the same time criticizing Germany's current account surplus, given that the former causes the latter to rise.

REPORT: Greece's crucial reform list is finally finished

Greece's list of reforms is ready, according to Bloomberg, via a government spokesman. Athens' new Prime Minister Alexis Tsipras and finance minister Yanis Varoufakis negotiated an extension to the country's bailout in February — but...Show More Summary

Greek government denies finance minister Varoufakis to resign

ATHENS (Reuters) - Greece's outspoken Finance Minister Yanis Varoufakis is not planning to resign, two Greek government officials said on Friday, denying a report in Germany's Bild newspaper.

No one knows how to solve Greece: Austria

Finance Minister decries 'crisis of trust' as Athens scrambles to compile reform list.

Low interest rates causing 'huge problems' in Germany: Schaeuble

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble said on Thursday that record low interest rates were causing considerable problems in Germany but added that he was not criticizing the European Central Bank which needed to defend its inflation target. Show More Summary

Putin Plays Wildcard as Ukraine Bond Restructuring Talks Begin

``Russian Deputy Finance Minister Sergey Storchak said March 17 that the nation isn't taking part in the debt negotiations because it's an "official" creditor, not a private bondholder.''

India urges patience from foreign investors

Finance Minister pleads with investors pushing for more rapid policy change.

Indonesia seeks major role in Chinese-led infrastructure bank

JAKARTA (Reuters) - Indonesia wants to play a major role in a new Chinese-led Asian infrastructure bank, with at least the vice-president's position reserved for the Southeast Asian country, the finance minister said. The $50 billion...Show More Summary

Romania's parliament votes to arrest former finance minister

BUCHAREST (Reuters) - Romania's parliament voted to allow prosecutors to arrest former finance minister Darius Valcov on Wednesday, after Valcov was accused of running businesses illegally while minister and also taking kickbacks in his former post as a mayor.

Netanyahu picks Kulanu party head as Israel's finance minister

TEL AVIV (Reuters) - Prime Minister Benjamin Netanyahu has chosen the head of centrist Kulanu party as Israel's next finance minister, confirming an informal offer made two days before the country's national election.

Ukraine Tells Bondholders to Expect Some Losses

The country’s finance minister warned that creditors should not hold out against a settlement that includes a reduction in their principal.

Ex Greek FM fiddled tax list: court

Former Greek finance minister George Papaconstantinou was found guilty of tampering with a list of potential tax evaders. ||| Athens - Former Greek finance minister George Papaconstantinou was found guilty in Athens on Tuesday of tampering...Show More Summary

Bank of Canada, Finance Minister, and Others Face Lawsuit for Alleged IMF Conspiracy

``The suit alleges that the BoC stopped providing these loans at the behest of the IMF, BIS, and FSB so private interests could benefit, presumably from interest paid on the national debt.''

Romanian prosecutors find gold, Renoir painting in minister's safe

BUCHAREST (Reuters) - Romanian prosecutors have widened a probe into former finance minister Darius Valcov, accusing him of making unlawful business gains after discovering cash, gold bars and a French impressionist painting in his safe.

Japan finance minister says would be desirable for AIIB to work with ADB

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday it would be desirable if the China-backed Asian Infrastructure Investment Bank (AIIB) could work with the Asian Development Bank (ADB) in meeting growing demand for infrastructure financing in Asia. Show More Summary

Oligarchs and their "Pocket Armies" Take Over Oil Company in Kiev; Ukraine Begs for More Money; Three-Way Civil War?

Ukraine Begs for More MoneyThe IMF foolishly agreed to give Ukraine a four-year $40 billion bailout on March 12. Already, Ukraine's Finance Minister Begs for More Money. Natalie Jaresko told the Financial Times in an interview that a...Show More Summary

Ownership of the Issue in the Age of the Middle Finger

The Greek Finance Minister and "the finger"... Who should you believe? German public television ARD? Their famous Host Günther Jauch? Bild newspaper? Or is it all just a big fake, as Varoufakis himself claims? Or was it in fact a TV-comedian?...Show More Summary

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