Friday newspaper round-up: Greece, Bank of Japan, Airbus

19th Jun 2015 06:47

The Eurogroup meeting of finance ministers in Luxembourg on Thursday ended in disappointment, writes The Telegraph, despite rumours of a €10bn rescue deal for Greece. Dutch finance minister and Eurogroup chair Jeroen Dijsselbloem said "too little measures have been put forward that have been assessed to be credible or serious".€2bn in deposits have already been withdrawn from Greek banks in the first three days of the week, with the ECB warning that banks might be forced to remain closed on Monday, The Times writes.According to the Financial Times, the Bank of Japan is to cut the frequency of its meetings from 14 to eight a year in a big shake-up of its communications policy. It will also start releasing individual economic forecasts from each of its nine board members.Hungary's Wizz Air agreed to buy 110 plans from Airbus in a deal worth up to $14bn on the last day of the Paris Airshow, The Telegraph reports.RBS has said it cannot rule out another IT meltdown after 600,000 payments into customer accounts went missing on Wednesday, with the bank admitting that no system is failsafe, writes The Guardian.A survey by Prudential has found that employees aged between 45-55 are expecting to get by on an annual pension of around £14,000, nearly a fifth lower than the £17,000 that current retirees are getting, The Times reports.E.ON is expected to close its Killingholme gas-fired power station in north Lincolnshire after National Grid didn't chose it for a key contract, according to The Times.