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Monti seeks to calm market concerns over Italy
Seeking to calm financial markets, Premier Mario Monti said Monday he will lead Italy until the next government takes power, insisting there will be ...
European Union receives Nobel Peace Prize
The EU received the Nobel Peace Prize on Monday for promoting peace and human rights in Europe following the devastation of World War II, and the bloc ...
Romania gov't easily wins parliamentary elections
Romania's government has swept to victory in a parliamentary election but even that convincing win may not defuse the rancorous rivalry between the ...
Spanish state universities protest cutbacks
Rectors from about 50 state-run universities across Spain protested Monday that government spending cuts were choking third-level education and would ...
Russia promises tit-for-tat response to US bill
Russia will quickly retaliate against U.S. officials after the U.S. Congress approved a bill imposing sanctions on Russian officials accused of human ...
German exports edge up in October
Official data show that exports from Germany, Europe's biggest economy, edged higher in October following a substantial drop the previous month.
EU leaders in Norway to pick up Nobel Peace Prize
European Union leaders on Sunday hailed the achievements of the 27-nation bloc, but acknowledged they need more integration and authority to solve ...
Italy's president confident gov't crisis avoided
Although Italy's Silvio Berlusconi resigned in disgrace a year ago, has since been convicted of tax fraud and now faces plunging poll numbers, the ...
Russia fumes at US bill as "reset" plan takes hit
What happened to the "reset"? U.S.-Russian ties have again plunged into acrimony amid disputes ranging from disagreement on Syria to Russian President ...
Greece's biggest banks to join in bond buyback
Greece's three biggest banks said Friday they would participate in a large bond buyback scheme that aims to chip away at the crisis-hit country's debt ...
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 ...
Gazprom starts building Europe-bound pipeline
After years of delays and negotiations, Russian gas company Gazprom on Friday formally started construction of its €16 billion ($20.65 billion) ...
Britain sees decline in Christmas birds like doves
Just try finding a partridge in a pear tree in Britain these days. Britain's Royal Society for Protection of Birds says the two icons of the Christmas ...
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 ...
Populist emerges in Romania's bitter election
Media tycoon Dan Diaconescu drives a white Rolls Royce, looks like a used car salesman in his shiny mauve jacket, promises to create thousands of jobs ...
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 ...
Oil drops on bleak outlook for Europe economy
The price of oil fell Thursday after the European Central Bank predicted a bleak year ahead for the region's economy but stopped short of offering new ...
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 ...
Starbucks promises to pay more UK tax
Starbucks bowed to mounting pressure over its tax affairs in Britain and revealed Thursday that it would pay about 10 million pounds ($16 million) in ...
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 ...
Top EU officials set out program for more unity
Four top European Union officials on Thursday set out a blueprint for a closer financial union in a move that will clash with some member states' ...
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 ...