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EU scores hat-trick with Greek, bank deals, Nobel
Finally, it has been a good week for Europe. After months of bitter debate, European Union countries finally reached two crucial agreements Thursday: ...
IMF's Lagarde praises Euro deal on bank oversight
The head of the International Monetary Fund on Thursday praised a deal inked by European Union governments to create a single supervisor for their ...
Europe shrugs at Berlusconi's political ambitions
Former Italian Premier Silvio Berlusconi's political ambitions got a huge yawn on Thursday from both the bond markets and his fellow European ...
Europe takes step toward more stable banks
The European Union has taken its big first step toward keeping busted banks from costing taxpayers billions and dragging down government finances.
German real estate booms as people seek security
Buying a home in Berlin is widely viewed as one of the safest investments a German, or any European, can make. That is why some real-estate experts ...
Top central banks extend dollar-lending program
Major central banks acted Thursday to try to shore up confidence in the global financial system by extending a program that makes it easier for banks ...
Glance: A look at the EU's key decisions in 2012
In a whirlwind of decision-making, ministers from the European Union's 27 countries agreed Thursday on the foundation of a fully-fledged banking union ...
Italy raises cash easily as Berlusconi vacillates
Silvio Berlusconi's vacillations over whether or not to run for Prime Minister of Italy failed to dent investor demand for the country's debt, leaving ...
Eurozone industrial output in surprise slump
Industrial production across the 17 European Union countries that use the euro unexpectedly slumped in October, official figures showed Wednesday, in ...
German investor optimism up more than expected
An index of German investor optimism rose more than expected in December, suggesting market professionals think Europe's largest economy will avoid ...
Italian election means new stress for eurozone
Until last weekend, Europe seemed headed for a quiet Christmas and New Year's. Then Italy's Prime Minister Mario Monti unexpectedly announced he was ...
Draghi supports Hungary's embattled central bank
European Central Bank President Mario Draghi on Friday defended his Hungarian counterpart against the government's efforts to limit his independence ...
German central bank cuts 2013 growth forecast
Germany's central bank sharply cut its 2013 economic growth forecast to 0.4 percent on Friday, while poor industrial production figures underlined ...
Asia stocks rise as US employment claims dip
Asian stock markets rose Friday after the number of Americans seeking unemployment benefits fell last week, offsetting a somber economic forecast by ...
ECB cuts growth outlook for eurozone, holds rates
The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic ...
Key measures in Draghi's first year as ECB chief
European Central Bank chief Mario Draghi has been in the job for a little over a year. Here are some of the key steps the bank has taken to ease ...
Key quotes from ECB head Draghi's press briefing
At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ...
ECB President Mario Draghi's speech
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ...
ECB holds rates, may be done with euro stimulus
The European Central Bank left its key interest rate unchanged at a record low Thursday, holding off on further stimulus even as the economy across ...
ECB could be done helping eurozone economy
The European Central Bank is unlikely to offer any further help for Europe's sagging economy Thursday after already lowering interest rates to record ...
Eurozone retail sales slump in October
Retail sales across the 17 European Union countries that use the euro slumped far more than anticipated in October, largely due to a huge drop in ...
Germany, France at odds over EU banking supervisor
European Union countries are dragging themselves to a year-end summit with a heavy load of unfinished business aimed at shoring up confidence in the ...
Eurozone unemployment hits another record high
Another month, another record unemployment rate for the economy of the 17 European Union countries that use the euro. Figures released Friday by ...
Greek bankruptcy averted _ for now
European and global financial leaders have agreed to release €44 billion ($57 billion) in critical loans to Greece and provide billions in additional ...
Interest rates drop sharply in Spanish bond sale
Spain easily raised €4 billion ($5.19 billion) in an auction of short-term debt Tuesday, reflecting a relaxation in market pressure as the country ...