Eurozone

Budget Battles

  • Egypt's Mursi starts first trip to Europe as president

    Egypt's Mursi starts first trip to Europe as president

    By Sebastian Moffett and Justyna Pawlak, Reuters

    BRUSSELS (Reuters) - President Mohamed Mursi travels to Brussels on Thursday for his first visit to Europe since becoming Egypt's first freely elected leader in June, hoping to reassure the European...

  • Greece revs up privatization drive to sway troika

    By Lefteris Papadimas and George Georgiopoulos, Reuters

    ATHENS (Reuters) - Greece kickstarted a stalled privatization drive on Wednesday to appease international lenders, saying it would start the sale of 29 percent of one of its most profitable companies...

  • Egypt likely needs over $10 billion aid -senior EU official

    By Adrian Croft and Justyna Pawlak, Reuters

    BRUSSELS (Reuters) - Egypt is likely to need more than $10 billion in external financing to help revive its economy, battered after a revolt that toppled the country's authoritarian government last...

  • Europe's new banking plan gets cool German response

    Europe's new banking plan gets cool German response

    By Claire Davenport, Reuters

    STRASBOURG, France (Reuters) - The European Commission unveiled sweeping plans for the European Central Bank to supervise all euro zone banks on Wednesday, though Germany immediately raised...

  • German court removes hurdle to euro zone bailout fund

    German court removes hurdle to euro zone bailout fund

    By Annika Breidthardt and Diana Niedernhoefer, Reuters

    KARLSRUHE, Germany (Reuters) - Germany's Constitutional Court gave a green light on Wednesday for the country to ratify Europe's new bailout fund, boosting hopes that the single currency bloc is...