Greece, lenders risk euro zone instability if review talks drag on: EU’s Dombrovskis | Reuters

Greece and its lenders should quickly approve a review of reforms the indebted country must take in return for unlocking new loans, a senior European Union official said on Sunday, warning of financial instability in the euro zone if the issue lingers.

Source: Greece, lenders risk euro zone instability if review talks drag on: EU’s Dombrovskis | Reuters

Worries Grow Over Euro’s Fate as Debts Smolder in Italy and Greece – The New York Times

Even as global stock markets climb, concerns are building that debt problems in Greece and Italy will put additional strain on the euro.

Source: Worries Grow Over Euro’s Fate as Debts Smolder in Italy and Greece – The New York Times

The New Age of Protectionism: Trump Attacks German Business Model – SPIEGEL ONLINE

U.S. President Donald Trump wants to stimulate the American economy, but he has shown no interest in existing trade deals or in the basic rules of economics. It is a dangerous cocktail for German industry.

Source: The New Age of Protectionism: Trump Attacks German Business Model – SPIEGEL ONLINE

IMF Warns Eurogroup Loan Measures Not Enough for Greek Debt – Bloomberg

Greece’s public debt and financing needs will prove “explosive” in decades to come unless Europe overhauls its bailout program to ease the load, the International Monetary Fund says in a draft report as the country seeks a fresh loan payout.

Source: IMF Warns Eurogroup Loan Measures Not Enough for Greek Debt – Bloomberg

British consumers borrow at fastest rate in 11 years as inflation threat rises | Reuters

British consumer borrowing increased by the biggest amount in more than 11 years in November, boosting the unexpectedly robust post-Brexit vote economy in what could prove to be a big spending spree ahead of an expected rise in prices.

Source: British consumers borrow at fastest rate in 11 years as inflation threat rises | Reuters