BRUSSELS The European Central Bank should make proposals on how to reduce security risks linked to the 500 euro note which can be used for the financing of terrorism, the head of euro zone finance ministers said on Friday.
PRAGUE There is a will to reach a European Union reform deal with Britain, but any compromise should be designed to avoid hampering deeper integration in the euro zone, Slovak Finance Minister Peter Kazimir said on Friday.
By Jan Strupczewski, Alastair Macdonald and Gabriela Baczynska
BRUSSELS Euro zone finance ministers agreed on Thursday to make their meetings more transparent by publishing an annotated agenda before the monthly talks and a summary afterwards, the chairman of the meetings said.
BRUSSELS The sell-off in European bank stocks is exaggerated and not a cause for worry now, euro zone finance ministers said on Thursday, dismissing a link between bearish investors and a new EU law on who has to share the costs of EU bank failures.
FRANKFURT The amount of cash across the euro zone rose to more than 1 trillion euros ($1.1 trillion) last year, with almost 30 percent of it hoarded in 500 euro notes, ECB data has shown, as nervous individuals keep more of their money at home or in a vault.
PARIS The possibility of Britain voting to leave the European Union must not prevent euro zone countries from deepening their economic integration in the months ahead, French Finance Minister Michel Sapin told Reuters on Thursday.
LONDON Britain is unlikely to join the European Union's banking union, which is centred on the euro zone, as it is not needed for being part of the wider EU single market, Bank of England Deputy Governor Jon Cunliffe said on Thursday.
BERLIN In 2010, France's then Finance Minister Christine Lagarde urged Germany to boost economic demand at home and help weaker euro zone states recover from the global crisis. Six years on, it is delivering - up to a point and as much by accident as by design.
FRANKFURT Raising taxes is "self defeating" when a country tries to bring down the ratio between its public debt and economic output, according to a research paper published by the European Central Bank on Monday and based on the euro zone's recent history.
BERLIN Germany will provide 500 million euros ($566 million) worth of credit to Iraq to help it weather the sharp downturn in global oil prices, Chancellor Angela Merkel said on Thursday after talks with Iraqi Prime Minister Haider al-Abadi.
PARIS/LONDON France's Total beat quarterly earnings expectations powered by high production and refining margins on Thursday but said it plans fresh spending cuts and asset sales in response to one of the worst market downturns in a decade.
MILAN Prosecutors are investigating five managers at Alphabet Inc's Google as part of a probe into allegations the firm evaded taxes worth 227 million euros (£178.27 million) in Italy, investigative sources said on Thursday.