Eurozone
  • Italy parliament elects speakers as tensions continue

    Italy parliament elects speakers as tensions continue

    By James Mackenzie and Roberto Landucci, Reuters

    ROME (Reuters) - Italy's center-left alliance scraped a narrow victory in a vote to appoint the new speakers of parliament on Saturday but the fragile margin of success underlined how hard it will be...

  • EU's Ashton urges caution on lifting arms ban for Syria rebels

    EU's Ashton urges caution on lifting arms ban for Syria rebels

    By Adrian Croft, Reuters

    BRUSSELS (Reuters) - The European Union's foreign policy chief urged caution on Saturday about a Franco-British drive to lift an EU arms embargo to help rebels in Syria, questioning the impact such a...

  • Gridlocked Italian parliament fails to elect speakers

    Gridlocked Italian parliament fails to elect speakers

    By Giselda Vagnoni and Giuseppe Fonte, Reuters

    ROME (Reuters) - Italy's new parliament sat on Friday for the first time since an inconclusive general election produced a political stalemate that meant deputies and senators were unable even to...

  • Exclusive: Draghi lectures euro zone leaders about labor costs

    Exclusive: Draghi lectures euro zone leaders about labor costs

    By Luke Baker, Reuters

    BRUSSELS (Reuters) - European Central Bank President Mario Draghi gave EU leaders a crash course in macroeconomics late on Thursday, emphasizing his concerns about low productivity and high labor...

  • Cyprus parliament to vote on savings levy

    Cyprus parliament to vote on savings levy

    By Michele Kambas, Reuters

    NICOSIA (Reuters) - Cyprus's parliament will decide on Sunday whether savers must pay a levy on bank deposits under terms for an international bailout to avert bankruptcy - with approval far from...