European Union

EUROPE - European banks and finance officials are discussing a proposal to replace existing Greek debt with a different type of bond to get around ratings agencies' reservations about a planned rollover, Reuters reports.

EUROPE - European markets rallied this morning on news the European Union will support troubled Greece if it introduces additional spending cuts and a privatisation programme.

EUROPE- The EU and IMF have reached a deal on Greece which should prevent a default, but will involve a new round of austerity measures for the beleaguered nation.

Pension funds have long been a key backer of private equity yet the love affair is going through a rocky patch, writes Toby Lewis

The sovereign debt crisis has left many investors feeling emerging markets are a better bet than Europe. Chris Panteli discovers why some fund managers believe this is no longer the case

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

PORTUGAL - The country's €78bn ($116bn) bailout package will include cuts to higher pension payments, but left many other pension provisions in place.

Lynn Strongin-Dodds reports how expected rate hikes and a belief the worst has passed for Europe is luring investors back to the euro

Proposed European Union plans to make scheme funding rules uniform across member states could force UK firms to pay off deficits faster, Towers Watson warns.

EUROPE - Jean Claude Trichet, the president of the European Central Bank, has defended yesterday's 25 basis point hike in interest rates as good for the eurozone, as EU leaders prepare for talks on the bailout of Portugal.