Euro Zone

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Step aside, here come Europe's hot economies: Spain and Ireland

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LONDON - Which are the two fastest growing economies in the euro zone?

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Euro zone's inflation-less recovery gains traction 30 Jul 2015

BERLIN - Confidence in the euro zone economy hit a four-year high in July and the European Central Bank said recovery is picking up, supported by loose monetary policy aimed at countering persistently low inflation.

German inflation stays very low in July, state data suggests 30 Jul 2015

BERLIN - German consumer prices has remained very weak this month, data from states around the country suggests, bolstering the European Central Bank's (ECB) case for pressing ahead with its bond-buying plan to lift inflation across the euro zone.

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Pressed by left, Greece's Tsipras vows 'thus far and no further' 30 Jul 2015

ATHENS - Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month.

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Pressed by left, Greece's Tsipras vows 'thus far and no further' 29 Jul 2015

ATHENS - Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month.

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Disappointed ECB says euro zone economies further apart than at the start 29 Jul 2015

FRANKFURT - The euro zone's founding members are further apart economically than they were, a "disappointing" outcome defying the premise that laggards would slowly catch up in common currency bloc, the European Central Bank said on Wednesday.

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Greek PM says will not implement measures beyond those set at summit 29 Jul 2015

ATHENS - Greek Prime Minister Alexis Tsipras said on Wednesday that his government would not implement reform measures beyond what was agreed with lenders at a euro zone summit earlier this month.

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Merkel's Bavarian ally says Grexit would cause 'utter chaos' 29 Jul 2015

BERLIN - A Greek exit from the euro zone would cause "utter chaos" but would have to be accepted if Athens was not willing to implement reforms, Chancellor Angela Merkel's Bavarian ally Horst Seehofer told German newspaper Die Welt on Wednesday.

EU's Moscovici optimistic on third Greek bailout talks 29 Jul 2015

PARIS - European Economic and Monetary Affairs Commissioner Pierre Moscovici said on Wednesday that talks on a third bailout plan for Greece were taking place in "good conditions" and that the risk of an exit of Greece from the euro zone was gone.

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German advisers say euro zone exit should not be taboo 28 Jul 2015

BERLIN - The German government's panel of independent economic advisers favours creating an insolvency mechanism for euro zone states and says countries should be able to leave the single currency as a last resort.

Germany opens treason probe against news website

BERLIN - Germany opened a treason investigation on Thursday into a news website that a broadcaster said had reported on plans to increase state surveillance of online communications.

Man dies in Channel Tunnel as migrant crisis deepens

LONDON/PARIS - A Sudanese man died on Wednesday as migrants desperate to enter Britain from France stormed the channel tunnel entrance, prompting governments in both countries to promise to beef up security there. | Video

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Rome airport fully operational after forest fire affects flights

ROME - Rome's Fiumicino airport resumed full operations after smoke from a forest fire on Wednesday forced Italy's busiest hub to suspend takeoffs and restrict landings.

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