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Ana Ivanovic retires from tennis at 29


Ivanovic, the 2008 French Open champion, announced she was retiring from professional tennis this morning with immediate effect, ruling her out of the Auckland tournament, while American Stephens also withdrew this morning for unknown reasons.

"It has been a hard decision, but there is so much to celebrate", Ivanovic, who has won 15 WTA titles through her career, said in her video.

"I can only play if I perform up to my own high standards".

"I have chose to retire from professional tennis", said an emotional Ivanovic.

Ana Ivanovic retires from tennis at 29
Ana Ivanovic retires from tennis at 29

Ivanovic was expected to make her comeback next week in Auckland, where she will be unseeded, but there could be some doubt about that, following a tweet from the 2008 French Open victor. "This has been a tough decision, but there is so much to celebrate". I have seen the highs I never dreamed of achieving.

With her endorsement deals and precocious talent, it appeared Ivanovic was ready to rule the women's game for years to come during a period when the tour lacked a dominant player. "So it's time to move on".

Well there is no other way to say it, I have chose to retire from professional tennis.

"... it's well-known I have been hampered by injuries", she said. There was speculation that she might even supplant Maria Sharapova as the most marketable player on the women's tour. She finished the year ranked No. 65. She would be a consistent presence in the Top 20 for the next few years before a resurgence in 2014, winning her first grass court title in Birmingham and finishing that year as the WTA's match win leader beating Serena Williams into second place with 58 wins. Be optimistic alongside me. "My love and my greatest thank you to all of you", said the former world number one who has dropped to 63rd in the rankings. "Beyond that, who knows". A Serbian team consisting of Ivanovic, Jelena Jankovic, Bojana Jovanovski and Aleksandra Krunic were denied a maiden Fed Cup crown by Lucie Safarova, Petra Kvitova and the Czech Republic in Prague in 2012. Using her flat, powerful groundstrokes, she won her first WTA singles title in 2005 at just age 17.

Italian bank Monte dei Paschi di Siena needs 8,8 billion
It was previously estimated that the world's oldest surviving bank required Euro 5 billion to deal with a capital shortfall. The Italian government approved a Euro 20 billion package on December 23 to support the country's embattled banking sector.

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