Eurozone

Budget Battles

  • France presses for euro area bonds as crisis salve

    By Luke Baker, Reuters

    BRUSSELS (Reuters) - France's Francois Hollande will push a proposal for mutual sing European debt at an informal summit of EU leaders in Brussels this week, increasing pressure on German Chancellor...

  • Insight: Greece party talks framed by unreality, punctuated by insults

    Insight: Greece party talks framed by unreality, punctuated by insults

    By Dina Kyriakidou, Reuters

    Athens (Reuters) - "Gentlemen, we are finished," said the patrician President, calling an abrupt halt to two hours of baiting and cat-calling between furious Greek politicians. "I'm starting to get...

  • Will Germany Swallow Inflation to Save the EU?

    By Patrick Smith

    This weekend’s G-8 summit at Camp David, the U.S. president’s retreat, marks a big step for Europe in several different ways. After a couple of weeks of waffling, German Chancellor Angela Merkel now...

  • Greece Already Close to Breaking Point

    By HARRY PAPACHRISTOU and GILES ELGOOD, Reuters

    Greece is close to the breaking point as it struggles with austerity targets set by creditors, but this is just a foretaste of the nightmare of unrest, hunger and even anarchy that could engulf the...

  • EU, ECB working on Greece exit contingency: trade commissioner

    By Reuters

    BRUSSELS (Reuters) - The European Commission and the European Central Bank are working on scenarios in case Greece has to leave the euro zone, EU trade commissioner Karel De Gucht has said...