World Economy

People wait to use ATMs of bank branches at the main Athens' Syntagma square on Friday, May 29, 2015. Greek bank deposits have fallen to their lowest in more than a decade, new statistics show, as Greeks worried about their new government's painfully slow negotiations with creditors withdraw savings, according to figures released Friday by European Central Bank. (AP Photo/Thanassis Stavrakis)

Greeks flee banks crisis deepens

CUSTOMERS are abandoning Greece’s banks and stashing cash in their homes as fears grow that the country could be about to exit the eurozone.

World Economy

Greek finance minister Yianis Varoufakis speaks during the Economist conference entitled "Europe: The comeback ? Greece: How resilient?" in Athens on May 14, 2015. Greece wants the European Central Bank to agree for Athens to delay payment on some 27 billion euros ($30 billion) in Greek bonds that it will otherwise be unable to repay, the finance minister said. AFP PHOTO / LOUISA GOULIAMAKI

Why Greece could exit the eurozone

GREECE could be set to leave the eurozone, International Monetary Fund chief Christine Lagarde has admitted. Here’s why.

Economy

In this film image released by Paramount Pictures, a scene is shown from 3-D version of James Cameron’s romantic epic "Titanic." (AP Photo/Paramount Pictures)

Scary warning for global economy

HIS name is Stephen King, and he’s got a horror story to tell about the global economy. The Titanic is about to sink — and there aren’t any lifeboats.

World Economy

LONDON, ENGLAND - MAY 09: Anti-government protestors are surrounded by police officers during a protest on Whitehall on May 9, 2015 in London, England. After the United Kingdom went to the polls on Thursday the Conservative party were confirmed as the winners of a closely fought general election which has returned David Cameron as Prime Minister with a slender majority for his party. (Photo by Rob Stothard/Getty Images)

London erupts in anti-austerity protests

RIOT police have clashed with frustrated crowds during spontaneous anti-austerity protests in London against the new Tory Government.

Original URL: https://www.news.com.au/finance/economy/world-economy/page/55