Euro Zone

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Greek reform to survive voter anger

A riot policeman tries to protect himself from a petrol bomb during a huge anti-austerity demonstration in Athens' Syntagma (Constitution) square February 12, 2012. REUTERS/Yiorgos Karahalis

ATHENS - Support for Greece's two pro-bailout parties has sunk to an all-time low, but the squabbling rivals will probably scrape through upcoming elections and push through the reforms demanded by European lenders.  Full Article 

EU's Rehn - expected euro zone slowdown seen as mild, temporary

BRUSSELS - The European Union's top economics official said on Thursday that recent economic surveys showed that an expected slowdown in the euro zone would be mild.

10:45am GMT

Key business survey shows Germany picking up speed

BERLIN - German business sentiment rose to its strongest in seven months in February, offering fresh evidence that Europe's largest economy will dodge a recession even as euro zone peers tighten their belts to fight off the sovereign debt crisis.

10:33am GMT

Europe's banks bleed from Greek debt crisis

LONDON/PARIS - Greece's debt problems drove a slew of heavy losses across the European banking sector on Thursday, and bosses warned the euro zone crisis would continue to threaten earnings.

10:24am GMT

Policy pace to settle after Draghi's dramatic start

FRANKFURT - Two rate cuts, an expected 1 trillion euro stimulus and tentative signs of the euro zone economy stabilising have diminished the chances that the European Central Bank will cut interest rates to a new low.

22 Feb 2012

Growth concerns hit stocks, oil at 9-month high

NEW YORK - Global stocks slipped and the euro was little changed on Wednesday after data showed the euro zone may be sliding toward recession and China's new export orders shrank in February.

22 Feb 2012

EU banks expert group to consider UK, U.S. curbs

LONDON - The expert group set up by the European Union's executive to see how banks could be made safer will study whether scale and activity limits planned by Britain and the United States should be applied across the 27-nation bloc.

22 Feb 2012

Euro zone teetering on brink of recession

LONDON - The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week. | Video

22 Feb 2012

EU to stick to tough budget cuts, may consider small leeway

BRUSSELS/MADRID - A darkening economic horizon may persuade the EU to give countries such as Spain softer deficit targets but there will be no let-up in the overall austerity drive as the continent struggles to draw a line under its two-year debt crisis.

22 Feb 2012

Dutch minister voices Greece doubts, urges bigger firewall

PARIS - The Dutch finance minister said he has doubts over Greece's ability to implement its new bailout programme and said the euro zone's temporary EFSF rescue fund should be merged with its permanent ESM mechanism to raise their combined firepower.

22 Feb 2012

ANALYSIS OF THE EURO ZONE CRISIS

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