Greece has been working the past to unlock some €7.2bn in bailout cash

Greek reform proposals 'not enough': IMF economist

25 May The budget reforms that Greece has proposed are not enough to ensure a surplus this year, the IMF's chief economist Olivier Blanchard has told a French financial newspaper Les Echos.

Morning business news with Conor Brophy

Morning business news - May 25

25 May The Small Firms Association has signalled its opposition to the idea of a mandatory pension scheme for Irish workers.

A look at some of today's business stories in the newspapers

Today in the press

25 May Celestial Green Ventures, the Irish company involved in carbon credit trading associated with a project in the Amazon forest, has said it believes it will win a dispute over the return of a €1.9 million deposit.

Greece's interior minister said Athens does not have the money to make June payment

Greece 'will not' make June debt payment

24 May Greece will not make a debt repayment to the International Monetary Fund due next month as it does not have the money, the country's interior minister said.

David Cameron backs staying in the EU as long as he can secure reforms such as controlling migration

Cameron expects ups and downs in EU negotiation

22 May British Prime Minister David Cameron has begun his campaign to persuade European leaders to make changes to the European Union before he holds a referendum to decide whether Britain should stay in or quit the bloc.

Gasoline prices fell in the United States having risen in March

US consumer prices moderated in April

22 May US consumer prices moderated in April on weak gasoline prices, but rising shelter and medical care costs boosted underlying inflation pressures.

Mario Draghi said a cyclical recovery alone would not solve Europe's problems

Draghi calls for economic reforms in euro zone

22 May The president of the ECB has called on euro zone countries to reform their economies, warning that future growth, in the face of entrenched unemployment and low investment, will be modest.

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Lenovo acquired Motorola from Google as part of a plan to diversify away from PCs and laptops

Lenovo revenue jumps 20%, profit up slightly

21 May China's Lenovo said revenue rose 20% in its past fiscal year, helped by its purchase of Motorola last year as the PC maker diversifies into the smartphone market, but net profit growth slowed to just 1%.