Dollar strength hurts countries needing funding: Moody's
But lower oil prices will help current account deficit, and fall in value of Turkish lira will bost exports, the report said

EU to give Greece €2 billion for economic boost
Money will be spent on improving Greece's youth unemployment and helping smaller businesses, according to European Commission president.

EU leaders want more transparency over Russian gas contracts
EU heads of government want to reinforce transparency in natural gas contracts with external suppliers such as Russia

IMF: Fed rate hike may be danger to emerging markets
If Fed raises interest rates, emerging-market economies can become unstable, IMF director says

Ukraine mired in intense negotiations with creditors
Debt reduction will further charge relations with Russia, which holds $3 billion of country's debt.

No agenda for Syria opposition talks: Egypt diplomat
The diplomat's remarks come two days after a Syrian opposition figure claimed that a proposal for allowing Syrian President Bashar al-Assad to stay in power for two more years is on the agenda

China's premier warns of pain ahead as reforms progress
Changes to government role will 'upset vested interests,' Li Keqiang says

Japanese Index climbs to new high in nearly 15 years
Comes after gains on Wall Street and expectations of Federal Reserve delaying early interest rate hike

EU gives France two-year extension for deficit reduction
France must bring its deficit down to the 3 percent of GDP required by 1992 Maastricht Treaty