Euro Zone

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Investors' eyes pinned on ECB as Europe's health deteriorates


BRUSSELS - The European Central Bank meeting on Thursday is the prime event for markets seeking clarity on the bank's response to a stalled recovery, disappearing inflation and the sluggish pace of reform in the euro zone.


Spain's de Guindos has some support as next Eurogroup head - Van Rompuy 30 Aug 2014

BRUSSELS - Spanish Finance Minister Luis de Guindos has the support of some euro zone countries to replace Jeroen Dijsselbloem as the head of euro zone finance ministers when Dijsselbloem's term ends in the middle of 2015, the president of the European Council said on Saturday.


Polish PM says appointment to chair EU summits means Poland's future is in euro zone 30 Aug 2014

BRUSSELS - Polish Prime Minister Donald Tusk, who was appointed to chair European Union summits for the next two and a half years, said on Saturday his nomination meant the future of Poland was in the euro zone.


Disappearing euro zone inflation set to heighten ECB concerns 29 Aug 2014

BRUSSELS/FRANKFURT - Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action.


Analysis - Draghi dials R for Reform. Line is busy 29 Aug 2014

FRANKFURT - Two years ago, euro zone government leaders hung on Mario Draghi's every word. Now the European Central Bank chief is struggling to get through to them. What has happened to 'Super Mario's' mojo?


ECB's Nowotny says worried about euro zone economy 29 Aug 2014

ALPBACH Austria - European Central Bank policymaker Ewald Nowotny is worried about the euro zone economy, which he said was showing signs of clouding over.


Vanishing euro zone inflation seen intensifying ECB policy headache 29 Aug 2014

BRUSSELS/FRANKFURT - If euro zone inflation falls deeper into the 'danger zone' as expected on Friday, it will at the very least complicate the European Central Bank's plans to wait and see whether its recent policy move to ignite the euro zone economy will work.


German finance minister backs French push for pro-growth investment 28 Aug 2014

PARIS - German Finance Minister Wolfgang Schaeuble on Thursday backed French President Francois Hollande's calls for greater investment to boost growth in Europe, hours after Hollande called for a euro zone summit to coordinate pro-growth measures.


Germany ready to dilute austerity medicine for reform-minded France 28 Aug 2014

BERLIN - After ramming austerity medicine down the throats of smaller euro zone countries for the past four years, Germany is showing clemency towards its closest ally, France. | Video


FTSE retreats as Ukraine tension grows 28 Aug 2014

LONDON - A ratcheting up of tension in Ukraine took its toll on Britain's top share index on Thursday, knocking it back from its highest closing level in nearly two months.

Top German spy says Islamic State's brutality eclipses al Qaeda

BERLIN - Some young Muslims are attracted to the Islamic State in Iraq and Syria because of its brutality, which makes it appear "more authentic" than al Qaeda, the head of Germany's domestic intelligence agency said in an interview on Sunday.

IMF board stands behind Lagarde over French probe

WASHINGTON - The International Monetary Fund's board on Friday stood behind the global lender's leader Christine Lagarde, who is facing a criminal investigation in France tied to a political corruption probe dating from 2008.

Worried EU leaders call jobs, growth summit for October

BRUSSELS - European Union leaders are set to hold an emergency summit on promoting growth and jobs in October at the suggestion of Italy, highlighting their concerns over the fragile economic recovery in the 28-country bloc.

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