
Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...

Markets higher on good news from Europe, Japan
Positive economic news from the European Central Bank and Germany, combined with promises of more monetary easing in Japan, helped stock indexes in ...

Economist: Euro crisis could erupt again this year
Is the euro crisis over? A leading U.S. economist says not by a long shot. Even as the head of the European Central Bank talked Friday of "positive ...
Draghi: Reforms needed for growth
The President of the European Central Bank admits the renewed calm in the euro area's financial markets has yet to be reflected in the wider European ...

European leaders headlining annual forum in Davos
Promoting measures to get the global economy out of its crisis mode will be the focal point of next week's annual gathering of world leaders and power ...
Can Europe's markets climb through the slump?
The big worry a year ago was that Greece would collapse under its debts, upend Europe's markets and set off a global financial crisis. But the world's ...

Markets temper enthusiasm after Japan stimulus
World markets see-sawed Friday between hope and concern for the world economy, as investors weighed a massive spending package meant to reinvigorate ...

Stocks gain, pushing S&P 500 to five-year high
The Standard and Poor's 500 closed at another five-year high Thursday after the stock market got a boost from reports suggesting the outlook for ...

Draghi says eurozone not past turning point yet
European Central Bank President Mario Draghi says the euro area's struggling economy is showing early signs of improvement and should grow modestly ...
ECB leaves rates at record low as Europe struggles
The European Central Bank has left its benchmark interest rate unchanged at a record low of 0.75 percent even though the economy in the euro area is ...

ECB expected to leave rates at record low
Europe's stalled economy won't get more help Thursday from the European Central Bank, which is expected to hold off cutting interest rates as it waits ...

A surprisingly good vintage as market logs gains
If you'd told investors what was going to happen in 2012 — U.S. economic growth at stall speed, an intensifying European debt crisis, a slowdown in ...

ECB: Crisis eases, "no room for complacency"
European Central Bank officials say there is "no room for complacency" even though stresses from the debt crisis have eased on banks and financial ...

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 ...

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 ...

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 ...

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 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 ...

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 ...

Eurozone, IMF reach deal to reduce Greek debt
The 17 European Union nations that use the euro have struck an agreement with the International Monetary Fund on a program to reduce Greek debt and ...