The euro zone needs tighter rules on fiscal policy to fortify the single currency and an effective mechanism for crisis management, Italian central-bank governor Mario Draghi says.
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Embattled German Defense Minister Karl-Theodor zu Guttenberg said he will stop using his doctoral title until an investigation into allegations he plagiarized parts of his dissertation is completed.
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Italian central-bank governor Mario Draghi appears to be drawing growing support among euro-zone governments to become the next president of the ECB, a senior minister from a euro-zone government said.
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Emergency services have stopped the leakage of oil from the grounded Icelandic cargo ship Godafoss off the coast of southern Norway, the Norwegian coastal administration said.
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Belgium Prime Minister Yves Leterme urged Germany to allow national governments the flexibility to set their own economic policies as part of an overhaul of the euro zone.
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Alpha Bank said a takeover bid by rival National Bank of Greece wasn't in the interest of its shareholders.
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The euro zone continued to attract foreign capital despite its chronic problems with sovereign and bank debt. Separately, consumer confidence improved more rapidly than economists predicted.
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The tie-up agreement between NYSE Euronext and Deutsche Börse AG would cost a rival bidder $337 million to break up, according to documents filed with regulators Wednesday.
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Hungary's government agreed to amend a new media law after sharp criticism from the European Union that the legislation imposes unacceptable restrictions on freedom of expression.
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Use of the European Central Bank's emergency lending facility skyrocketed, hitting its highest level in over 19 months. The high figure generally reflects acute liquidity problems at one or more banks.
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Belarus sentenced an opposition activist to four years in jail for his part in mass unrest following the disputed re-election of President Alexander Lukashenko, defying Western calls for the authoritarian leader to free political prisoners.
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News from The Wall Street Journal and Dow Jones Newswires
Irish whiskey brand Jameson is relying on humorous reminders of its centuries-old Irish heritage to win over younger, hipper consumers.
Google's Android operating system has become the star of the mobile industry conference in Barcelona—just a year after wireless carriers gave the company a testy reception.
To some Americans, the sale of a majority stake in the New York Stock Exchange to Deutsche Börse borders on the criminal. The Big Board is an American institution, a symbol of our financial and corporate might. So who's responsible?
It isn't enough for governments to offer funding for stressed sovereign; any "grand bargain" must also addresses bank funding, bank capital and also sovereign solvency.
To draw inspiration for their fall collections unveiled this week, American fashion designers closed their eyes and thought of England. In particular, many of them seemed to be thinking of Kate Middleton, the fiancée of Prince William.
The death of a beautiful, young, right-wing politician fans the flames of cultural division in Belgium.
Belgium is closing in on Iraq's record for number of days without a government. But how many more does it have to go?
Hungary may get up to 700,000 new citizens now that it offers citizenship to ethnic Hungarians living in neighboring countries. The group equals nearly 9% of registered voters, but it remains to be seen if Hungary gives its new citizens the right to vote.
Poland's industrial output slowed somewhat in January, but stayed in double figures. Output in January rose 10.3% on the year earlier compared with a revised 11.4% increase in December.
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