Eurozone

Budget Battles

  • Euro Rescue Package Gets Boost

    By PAUL CARREL and FRANCESCA LANDINI, Reuters

    Euro zone finance ministers agreed on Friday on a temporary increase in their financial rescue capacity to prevent a new flare-up of Europe's sovereign debt crisis, but markets may judge it too small...

  • Spain: Will It Be Next to Seek a Bailout?

    By PAUL DAY, Reuters

    Belt tightening in the board room and the living room, deep public budget cuts and anemic bank lending may be setting Spain up for years of economic stagnation that could eventually force it to seek...

  • OECD EU Recovery Lags

    By LEIGH THOMAS, Reuters

    Euro zone nations are falling far behind the United States and Canada as a fragile recovery takes root in advanced economies, the OECD said on Thursday, advising central banks to keep easy money...

  • OECD: EU Debt Crisis Not Over

    By Robin Emmott, Reuters

    The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and...

  • Intel Shows Iran Nucelar Threat not Imminent

    By TABASSUM ZAKARIA and Mark Hosenball, Reuters

    The United States, European allies and even Israel generally agree on three things about Iran's nuclear program: Tehran does not have a bomb, has not decided to build one, and is probably years away...