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Financial Times: Europe business

Eurozone dismisses Greek budget deal

Eurozone finance ministers dismissed a reputed €3.3bn package of Greek budget cuts and sent the country’s finance minister back to Athens with a fresh set of demands

Germans concerned over Draghi liquidity offer

ECB’s 23-strong governing council gives go-ahead for seven national central banks to expand the assets that can be used as collateral

Citigroup in $50m loss on Libor probe traders

Enforcement agencies investigate bid by bank traders to influence global lending rates

Housing deal set to boost US economy

The $40bn settlement between US regulators and banks could drag house prices down in the short term if banks start to seize homes again

Euro firms on reports of Greek deal

Lack of details puts no damper on upbeat market mood over austerity measures which may pave the way for the country to receive a second bail-out

Syrian forces continue assault on Homs

The regime’s intention appears to be to drive out fighters from the Free Syrian Army and to show Syrians the price of allowing dissidents to set up base

Putin pushes levy on ‘dishonest’ privatisations

Prime minister paints the move as a way to close questions over the legitimacy of the fortunes made by some Russian businessmen in the 1990s

Google plans deeper push on home entertainment

The internet search company is trying out a product that would act as a hub by linking to WiFi and Bluetooth gadgets around the home

Bumi investors open to Rothschild trade-off

Shareholders in the coal miner are open to a compromise that would see the financier stand down as co-chairman but remain on the board

Electricity price gyrations boost power trading

Electricity has become the stamping-ground not only of utilities and merchants but of hedge funds, proprietary traders and Wall Street banks