BRUSSELS - Euro zone finance ministers are likely to discuss in September whether to allow Ireland to repay its more expensive bailout loans from the International Monetary Fund before paying back the euro zone bailout fund, a euro zone official said.
FRANKFURT - Lending to companies and individuals in Ireland fell at the fastest rate since October 2011 in June, data from the European Central Bank showed on Friday, highlighting one of the impediments to growth in the euro zone.
FRANKFURT - A decline in lending to households and firms in the euro zone slowed slightly in June and money supply grew, as the European Central Bank's new stimulus measures find their way through the system.
VIENNA - Reforms to cut public and private debt in euro zone countries could take up to a decade to have a sustainable effect on growth in the bloc, the head of the Eurogroup's working group told a newspaper.
- China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed.
WARSAW - There is a revival in the euro zone money market, but levels of liquidity have still not returned to where they were before the global financial crisis, European Central Bank Executive Board member Yves Mersch said.
BRUSSELS - Consumer confidence in the euro zone deteriorated much more than expected in July, adding to worries about the health of the bloc's economic recovery, European Commission preliminary data showed on Wednesday.
BRUSSELS - Euro zone countries must beware of bending budget rules in the quest for economic growth, the EU's new economics czar said on Thursday, suggesting some proposals from France and Italy sought too much leeway.
- There is little chance of a significant rebound in the euro zone economy in the next two years as low inflation and high unemployment keeps the currency bloc lagging behind its peers, a Reuters poll found on Thursday.
BRUSSELS - Euro zone inflation stayed low as expected in what the European Central Bank calls the "danger zone" in June as falling prices of food and phone calls offset more expensive tobacco and restaurants, data showed on Thursday.
FRANKFURT - Commerzbank AG , Germany's second-biggest bank, is widening the scope of its cost-cutting programme and plans to shed more than 450 jobs on top of the 5,200 already announced, three people familiar with the matter said.
PARIS - France said on Monday it was ready to welcome Christians from northern Iraq who have been told by the al Qaeda offshoot group now ruling the region to either convert to Islam, pay a religious levy or face death.
GENOA Italy - The wrecked Costa Concordia cruise liner limped into its last port on Sunday, when it was towed to the northern Italian city of Genoa to be broken up for scrap, two-and-a-half years after running aground and sinking with the loss of 32 lives. | Video