German finance min: no need for more Spain aid
Germany's finance minister argued Friday that Spain doesn't need to seek a new aid program, and dismissed suggestions that money left over from a ...
Bailed-out Portugal pays less to borrow $2.6 bln
Portugal's interest rates fell steeply in a short-term debt auction Wednesday where it borrowed €2 billion ($2.61 billion), evidence that the European ...

Europe at loggerheads over banking reform
Europe faces weeks of tough negotiations to agree on a new region-wide banking supervisor after divisions emerged over the new body's powers at a ...
Commission wants ECB to supervise all euro banks
The European Central Bank should be given the power to supervise all the banks in the 17 countries that use the euro and also be able to fine ...
German euro bailout opponent files new court suit
An opponent of the eurozone's permanent rescue fund said Sunday that he has filed a new complaint to Germany's highest court after the European ...
German minister: Don't let up on reforms
Germany's finance minister is insisting that countries must not use the European Central Bank's plan to buy unlimited amounts of government bonds as ...
Official: ECB should oversee only biggest banks
A top European Central Bank officials says the ECB should be responsible for supervising the biggest financial institutions under plans to make it ...

Germany renews pressure on Greece for reforms
Germany's finance minister on Tuesday renewed his pressure on his Greek counterpart to implement fully Athens' pledges to its creditors ahead of a ...

German minister: bank supervisor will take time
Germany's finance minister hit hopes that Europe's stressed banks could soon tap the region's rescue funds directly when he said Monday that a new ...

Germany: EU supervisor should focus on big banks
Germany's finance minister wants the new European banking supervisor to limit its focus on major banks whose stability is vital to Europe's financial ...

Greek PM says new austerity round will be the last
Greece's prime minister promised his austerity-weary countrymen on Thursday that new spending cuts planned for 2013-14 would be the last major ...

German minister rejects more time for Greece
Germany's economy minister has rejected calls for Greece to get more time to implement economic reforms, saying in an interview Sunday that Athens ...

Markets recover early losses on stimulus hopes
Global markets recovered from earlier losses on Friday on hopes that central banks will act to support their weakening economies. Economic indicators ...

Merkel, Hollande press Greece to pursue reforms
The German and French leaders on Thursday put the pressure firmly on Greece to keep pursuing painful reforms, suggesting they are hesitant to accept ...
Germany starts ratifying new bank capital rules
Germany has begun the process of ratifying new rules requiring banks to build higher capital defenses against financial shocks — and hopes other ...

Europe's leaders face post-holiday blues
After their holidays spent soaking up the August sun, Europe's political leaders are bracing themselves for storm clouds this fall. The latest ...

Greece seeking to find $14.2 bln spending cuts
Greek finance officials on Monday held new talks on finalizing €11.5 billion ($14.19 billion) in spending cuts necessary for the country to continue ...
Report: Merkel ally rejects concessions to Greece
A senior ally of Chancellor Angela Merkel insisted that there is no room for concessions to Greece on fulfilling the conditions of its aid program and ...
Juncker: Greece won't leave eurozone
Greece won't leave the 17-nation eurozone, Luxembourg's prime minister said, arguing in an interview published Saturday that an exit wouldn't be ...

US, Germany stress cooperation to end euro crisis
U.S. Treasury Secretary Timothy Geithner and his German counterpart stressed the need for coordinated action Monday in the face of the eurozone debt ...

All eyes on ECB's Draghi to fight crisis
European Central Bank president Mario Draghi has already taken Europe's monetary authority into uncharted territory. Now, with the debt crisis in ...
German minister rejects talk of Spain aid request
Germany's finance minister is rejecting talk of a possible application from Spain for the eurozone's bailout fund to buy the struggling country's ...
Geithner to meet with ECB Chief Draghi next week
Treasury Secretary Timothy Geithner will meet with Mario Draghi, the head of the European Central Bank, in Germany next week. The meeting comes after ...

Germany, France: determined to protect eurozone
The leaders of Germany and France added their weight to the battle to preserve the European single currency when they issued a joint statement Friday ...