Eurozone

Budget Battles

  • Euro zone in very dangerous situation: Finnish premier

    By Reuters

    HELSINKI (Reuters) - The euro zone is in its most dangerous situation in more than two years, Finnish Prime Minister Jyrki Katainen was quoted as saying on Wednesday. "This situation is dangerous,...

  • Sanctions squeeze forces Iran to cut oilfield flow

    Sanctions squeeze forces Iran to cut oilfield flow

    By Peg Mackey and Alex Lawler, Reuters

    LONDON (Reuters) - Tough Western sanctions are forcing Iran to take drastic action and shut off wells at its vast oilfields, reducing production to levels last seen more than two decades ago and...

  • Easy Money Won't Cure EU’s "Contained Depression"

    By Patrick Smith

    The earth’s core was exposed this week – it’s called the world’s central banks . The European Central Bank, the People’s Bank of China and the Bank of England all unveiled easier monetary policies of...

  • Greek government wins confidence vote, bigger battles loom

    Greek government wins confidence vote, bigger battles loom

    By George Georgiopoulos and Deepa Babington, Reuters

    ATHENS (Reuters) - Greece's new conservative-led government won parliamentary approval on Monday, but faced the much tougher task of convincing European partners and the IMF to give it more time to...

  • Iran plans to sell oil via private group, evade ban

    By Reuters

    DUBAI (Reuters) - Iran has reached agreements with European refiners to sell some of its oil through a private consortium, an official said on Saturday, a move designed to circumvent sanctions...