Debt crisis strikes at Europe's heart
Europe's sovereign debt crisis is hurting the core of the 17-country euro zone, the EU's economic and monetary affairs commissioner says, as Spanish voters punish socialists for high unemployment and a stagnant economy. Full Article
EU's Barnier to propose new rules on bank fees
BRUSSELS - The European Union's executive will propose new rules for bank fees after failing to persuade the industry to make its charges more transparent, a spokeswoman for the EU official in charge of regulating finance said on Monday.
Moody's warns on French rating outlook
PARIS - Moody's warned France on Monday that a sustained rise in its debt yields coupled with weakening economic growth could harm its ratings outlook, fuelling concern the euro zone's second largest economy might lose its coveted AAA status.
ECB keeps handbrake on as bond buys hit 8 billion euros
FRANKFURT - The European Central Bank showed no sign on Monday of bowing to fierce political pressure to ramp up its purchases of troubled euro zone governments' bonds, with data showing it restricted its spending to 8 billion euros last week.
Spain election fails to soothe nervous debt
MADRID - A resounding election victory by Spain's center-right People's Party failed to calm nervous debt markets on Monday as concern over the deepening euro zone crisis and a lack of concrete proposals meant risk premiums continued to climb.
Turkish president attacks euro zone management
LONDON - A lack of political will and failure to take courageous decisions has worsened the crisis in the euro zone, Turkish President Abdullah Gul said on Monday, in a strongly worded attack on countries in the currency bloc.
Euro zone not working, words alone won't fix it: Buffett
IWAKI, Japan - Billionaire investor Warren Buffett said Europe's debt crisis had shown up a "major flaw" in the 17-member euro zone system and it would take more than words to fix it.
ECB's role needs debate, won't print money: Nowotny
VIENNA - European Central Bank policymakers have to discuss the central bank's next moves but the ECB will not just start printing money in response to the euro zone debt crisis, Governing Council member Ewald Nowotny said on Monday.
EU's Barnier: Tougher rules must precede euro bonds
PARIS - Michel Barnier, the European Union's markets commissioner, said on Sunday he was in favor of euro zone countries pooling their debt together but warned that tougher oversight of national budgets was needed first.
Spain's cautious Rajoy thrust into crisis role
MADRID - Mariano Rajoy, who will become Spain's new prime minister after a sweeping election victory on Sunday, is a cautious moderate who makes an unlikely crisis manager for a country engulfed in the euro zone's debt crisis.
Euro Zone Video
INSIGHT INTO THE DEBT CRISIS
Euro crisis to shake corporate America
The shock waves of Europe's debt crisis will take a toll on corporate America, particularly for auto makers and consumer goods companies who make big money there. Full Article
Is the euro history? - Edward Hadas
Is this the twilight hour for the single currency or are the clouds over the euro no more than a mist in European history? Its fate will look inevitable in retrospect. Full Article
EXPLAINING EUROPE'S CONUNDRUM
PM Monti's likely reform agenda for Italy
The former European commissioner will have to adopt new deficit-cutting measures made necessary by Italy's rising borrowing costs and sharply slowing growth. Full Article