Global shares fall on corporate outlooks, euro gains
NEW YORK - Global stocks fell on Monday on weak corporate results and outlooks, while the euro gained after a regional vote in Spain was seen as moving a solution to the euro zone debt crisis one step closer.
Clashes as Kosovo opposition protests over Serbia talks
PRISTINA - Police in Kosovo fired teargas and made dozens of arrests on Monday in clashes with opposition activists demonstrating against a new push by the European Union to improve ties between Serbia and its former southern province.
Euro zone cut fiscal deficit in 2011, debt up
BRUSSELS - The euro zone's fiscal deficit fell sharply last year as governments slashed expenses and raised taxes to regain market confidence in their public finances, but public debt still climbed, data from the European Union's statistics office showed on Monday. | Video
ECB's Constancio: no objections to minority protection at EBA
LONDON - Safeguards for countries outside the euro zone's banking union would not be problem for the European Central Bank, ECB Vice-President Vitor Constancio said on Monday, addressing British concerns with regards to the creation of a single banking supervisor in the euro zone.
ECB's Constancio: conflict of mon policy, supervision overplayed
LONDON - The potential for conflict between monetary policy and supervision the euro zone's banks is exaggerated, European Central Bank Vice-President Vitor Constancio said on Monday.
ECB needs regulation authority over all euro zone banks: Constancio
LONDON - The European Central Bank should have the authority to regulate all 6,000 banks in the euro zone, European Central Bank Vice-President Vitor Constancio said on Monday.
Clashes as Kosovo opposition protests over Serbia talks
PRISTINA - Police fired teargas in Kosovo on Monday to disperse opposition activists demonstrating against a new push by the European Union to improve ties between Serbia and its former southern province.
EU to propose bank resolution agency in 2013: Barnier
VIENNA - The European Commission will make a proposal next year for a joint agency for shoring up or closing troubled banks, Michel Barnier, the commissioner in charge of financial regulation, said on Monday.
EU faces two tough months of bargaining to boost euro confidence
PARIS - European Union leaders face two months of tough bargaining on money, power and the future governance of the euro zone before they can boost confidence that the existential threat to the single currency has faded.
Germany likely posted surprise growth in Q3: finmin report
BERLIN - The German economy likely grew in the third quarter despite a weak global backdrop thanks to a strong performance by German industry and robust exports to areas outside the euro zone, the Finance Ministry wrote in its monthly report.
Euro Zone Video
ANALYSIS OF THE EURO ZONE CRISIS
Uneasy role for IMF in euro zone crisis
Europe's debt crisis is pushing the International Monetary Fund into new, uncomfortable territory. Full Article
BRUSSELS AND THE DEBT CRISIS
EU facing a summit packed with pitfalls
If there were any doubts about how complex a task the Europe Union faces to protect the euro and shore up its finances, the agenda for the EU summit on October 18-19 should lay them to rest. Full Article
Crisis is race against time - Hugo Dixon
Can peripheral economies reform before the people buckle under the pressure of austerity and pull the rug from their politicians? The risks are there. Full Article