Euro Zone

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Top bankers expect EU stress tests to reignite banking M&A;

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DAVOS, Switzerland - Bankers expect a thorough European Central Bank (ECB) health check of the euro zone's largest banks to reignite domestic and cross-border merger activity by rebuilding confidence among lenders.

Euro zone to assure IMF it will keep funding Greece: EU official

BRUSSELS - The euro zone will assure the International Monetary Fund in coming months that it will continue to bankroll Greece, enabling the IMF to disburse its share of international aid to Athens, a senior European Union official said on Friday.

Greece, IMF 24 Jan 2014

Analysis: Hardest yet to come for France's Hollande on reforms

PARIS - French President Francois Hollande has won cautious backing from Berlin, Brussels and financial markets for a centrist reform push that could be his last chance to get the euro zone's second largest economy motoring.

23 Jan 2014

Euro zone business gets off to strong start for 2014

LONDON - The euro zone's private sector started 2014 in much better shape than expected, with stronger growth across the region marred only by a continued downturn in France, surveys showed on Thursday.

23 Jan 2014

Data dumps and pig farms; Inside Europe's stress tests

LONDON - In his youth, Barrie Wilkinson studied how to stress test bridges. Now he is stress testing the euro zone's biggest banks.

23 Jan 2014

Latvia's parliament approves first female prime minister

RIGA - Latvia's parliament approved on Wednesday Laimdota Straujuma to become the first female prime minister of the Baltic state, which joined the euro zone on January 1.

22 Jan 2014

IMF sees up to 20 pct chance of prices falling in Europe

WASHINGTON - There is as high as a one-in-five chance that prices could start to fall in the euro zone, the International Monetary Fund's chief economist said on Tuesday.

IMF, Davos 21 Jan 2014

Euro zone inflation slows in December on one-off effect in Germany

BRUSSELS - Euro zone inflation slowed in December, the European Union's statistics office confirmed on Thursday, in what the European Central Bank attributed last week to a one-off change in the method of calculating price growth in Germany.

16 Jan 2014

No reason for 'irrational inflationary fears' - ECB's Weidmann

BERLIN - The president of Germany's Bundesbank said on Thursday there was no reason for "irrational inflationary fears" and dismissed suggestions of a danger of the euro zone falling into deflation, echoing the European Central Bank's outlook.

16 Jan 2014

French companies, unions question Hollande's new vision

PARIS - French business raised doubts on Wednesday over Socialist President Francois Hollande's plan for public spending cuts and structural reform to revive the euro zone's second largest economy.

15 Jan 2014
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Poland's roads to ruin

MSZANA, Poland - When Poland started handing out billions of euros worth of contracts for a wave of road-building five years ago, everyone was meant to benefit. But a project that should have been a bonanza for Europe has turned into "a slaughter house for Polish and European firms".  Full Article 

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