Greek vote looms after talks spurned
ATHENS - Greece's radical leftist leader spurned an invitation from the president for a final round of coalition talks on Monday, all but ensuring a new election that he is poised to win. Full Article
Output falling, Euro zone heads for recession
BRUSSELS - Output at factories in the euro zone unexpectedly fell in March, the latest in a series of disappointing numbers signaling that the bloc's recession may not be as mild as policymakers hope.
Greece can't reject bailout and keep euro: Finland
HELSINKI - Greece cannot stay in the euro zone if it tears up its bailout deal, as envisaged by the leader of the country's leftist SYRIZA grouping, Finland's European affairs minister said.
UK warns of more EU Iran sanctions if no change
BRUSSELS - The European Union will impose tougher sanctions on Iran if it fails to take concrete steps to allay international concerns over its nuclear program, British Foreign Secretary William Hague said on Monday.
Hollande's camp sharpens tone before Merkel meet
PARIS - French Socialists said on Sunday that austerity was pushing the European Union toward economic ruin and warned Germany to accept changes to a budgetary treaty, raising tensions days before president-elect Francois Hollande takes a maiden trip to Berlin.
EU's Rehn: Spain banking plan should dispel doubts
BRUSSELS - The European Union's top economic official said on Sunday that Spain was taking decisive action to shore up its banking sector and that its overall reform efforts were essential to bolster confidence in the sector.
EU's Rehn against debt funded growth, backs Spain plan
TALLINN - The European Union's top economic official on Saturday warned against funding national growth packages with new debt and urged governments to stick with structural reforms and cuts to fiscal deficits as the route out of the region's economic crisis.
German finance minister does not exclude Eurogroup chairmanship
BERLIN - German Finance Minister Wolfgang Schaeuble said he was already strongly involved in matters of the Eurogroup of euro zone finance ministers and therefore could not exclude the possibility of becoming its head when Jean-Claude Juncker's term expired in June.
EU observers: Algeria vote a step towards reform
ALGIERS - European Union observers on Saturday endorsed Algeria's parliamentary election as a step towards reform after the vote handed victory to the ruling party, bucking the trend of the "Arab Spring" revolts.
EU's Rehn against debt funded growth, backs Spain plan
TALLINN - The European Union's top economic official on Saturday warned against funding national growth packages with new debt and urged governments to stick with structural reforms and cuts to fiscal deficits as the route out of the region's economic crisis.
Euro Zone Video
Europe's new suicides - John Lloyd
The world into which the new president of France, François Hollande, stepped this week is a suicidal one. Full Article
BRUSSELS AND THE DEBT CRISIS
Brussels has a policy headache
Pity Europe's policymakers. For 2-1/2 years they have sought a way out of the biggest crisis to strike the European project since its founding over 50 years ago. Full Article
EXPLAINING EUROPE'S CONUNDRUM
What is the EU's fiscal compact?
Twenty five European Union leaders have signed a "fiscal compact" to prevent another debt crisis and to win back confidence in public finances. Full Article
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