
Euro ministers urge troubled Slovenia to act
European finance ministers on Monday urged Slovenia to move swiftly in addressing the problems in its banking sector and get its public finances under ...
Spain education sector hit by strike against cuts
Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education ...

Italian policemen shot near new gov't swearing-in
In the very moments Italy's new coalition government was being sworn in, ending months of political paralysis in a country hoping to revive a bleak ...

Italy forms new government after 2-month stalemate
Center-left leader Enrico Letta forged a new Italian government Saturday in a coalition with former Premier Silvio Berlusconi's conservatives, an ...

Italy premier-designate short of securing support
Italy's premier-designate, Enrico Letta, said candidly Thursday he is still short of securing support for a ruling coalition after Silvio Berlusconi's ...

Germany rejects EU hint at easing austerity drive
Germany on Tuesday defended the policy of tightening the budgets in a number of European countries despite a blunt warning from a top European Union ...
Fitch cuts British bond rating from AAA
Fitch Ratings on Friday stripped the U.K. of its cherished top AAA credit score, citing a weaker economic outlook that continues to hinder the country ...

Greece seals deal with debt inspectors
Greece cleared an important hurdle in its drive to receive its next batch of bailout loans from its international creditors Monday. But even though ...

Greece, Germany bicker over war reparations issue
A long-standing debate over whether Germany still owes Greece war reparations stemming from the Nazi occupation erupted anew Thursday in a spat ...

Global trade to be weaker than expected
Global trade will be weaker than expected this year as European economies struggle with their debt crisis, and will recover only slightly in 2014, the ...

Greece signals faster state reforms
Socialist coalition partners in Greece's government said Tuesday that overhauling the country's bloated public sector is crucial for the success of ...
Spain sells bonds with ease despite Cyprus crisis
Spain has sold 4.31 billion euros ($5.53 billion) in bonds at relatively stable interest rates, indicating the financial crisis in Cyprus is having ...

Fitch puts UK on review for downgrade
Fitch placed Britain's AAA rating on review for a downgrade on Friday, a blow to the government just days after it presented an austere budget it ...

Debt-laden Italy struggles to find stable govt
Trying to break through weeks of political gridlock, Italy's president began sounding out parliamentary leaders Wednesday to see if they can form a ...
Portugal debt sale unaffected by Cyprus crisis
Portugal has raised 1.5 billion euros ($1.94 billion) in a debt auction that saw the bailed-out country's longer-term interest rate fall, suggesting ...

Cyprus president tries to amend bailout plan
Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax deposits in the ...
Spain's public debt hit record high at end of 2012
Spain's central bank says the country's debt burden rose to a record 84.1 percent of its annual gross domestic product at the end of 2012. It says ...
Borrowing costs drop as Spain raises $1.04 bln
Spain has sold €803 million ($1.04 billion) in long-term debt at lower interest rates, reflecting improving investor sentiment towards the country's ...
Italy easily sells bonds despite downgrade
Italy has easily sold €7.75 billion ($10 billion) in 12-month bonds, though at slightly higher interest rates, in the first test of market sentiment ...

Italy behind rise in eurozone jobless to record
Italy's voters gave their verdict on the austerity medicine they've been forced to take when they went to the polls earlier this week. By Friday, one ...
Cyprus president rules out debt, deposit writedown
Cyprus' new president ruled out on Thursday any writedown of the country's debt or bank deposits as part of a financial rescue package it's trying to ...

Q&A: Why investors are wary of Italy's elections
Investors are keeping a wary eye on Italy as the country heads to the polls Sunday and Monday to elect a new parliament. They fear that a new ...
Moody's downgrades UK rating from AAA to AA1
Credit ratings agency Moody's Investors Service downgraded Britain's government bond rating one notch from the top AAA to AA1 Friday, saying sluggish ...