SITGES, Spain - The European Central Bank's monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures.
WASHINGTON - German newspaper Frankfurter Allgemeine Zeitung has corrected an interview with International Monetary Fund head Christine Lagarde in which she had been quoted as saying that a Greek exit from the euro zone was a "possibility".
COPENHAGEN - Three Danish opposition parties have said they will seek a referendum on Denmark joining the euro zone's banking union if parliament votes on such a move.
BRUSSELS - Damned if you do, damned if you don't. Some euro zone countries are accusing the European Commission of giving Greece false hope of new loans for less reform effort, but they still want Brussels to find a way to keep a defiant Athens in the euro.
DRESDEN, Germany - German Finance Minister Wolfgang Schaeuble said on Friday that it was not just up to Germany to help Greece, saying this was a task for the whole of the euro zone.
LISBON - Portugal will propose far-reaching changes to the euro zone next month, including the creation of a European Monetary Fund (EMF) with its own budget to fight crises and economic imbalances in the region, according to a draft proposal.
BERLIN - Europe's rescue fund is seeking to revise its investment guidelines to allow it to buy lower-rated debt as it grapples with record low interest rates, according to documents from the so-called ESM and German finance ministry seen by Reuters.
DRESDEN, Germany - There is no scenario for Greece leaving the euro zone, French Finance Minister Michel Sapin said on Friday.
FRANKFURT - Lending throughout the euro zone failed to grow in April after a promising uptick a month earlier, a slip that tempers hopes for a rapid turnaround in borrowing to boost the economy.
BERLIN - The European Commission plans to launch a legal challenge against Germany for violating European law with its planned road toll, which critics say unfairly targets foreigners, a German newspaper reported on Saturday.
UNITED NATIONS - The United Nations human rights chief on Saturday urged several countries to intensify their investigations of alleged sexual abuse of young children in the Central African Republic by French and African soldiers posted in the conflict-torn nation.
ROME - More than 4,200 migrants trying to reach Europe have been rescued from boats in the Mediterranean in last 24 hours, the Italian coastguard said on Saturday. | Video