Eurozone

Budget Battles

  • European Commission First Vice-President Frans Timmermans attends a debate at the European Parliament in Strasbourg February 11, 2015. REUTERS/Vincent Kessler

    France in push to break EU financial transactions tax deadlock

    By Reuters

    The countries involved are struggling to agree the scope of the tax, designed to make banks pay for the public aid they received in the 2007-09 financial crisis, and how it will be applied before a...

  • German Chancellor Angela Merkel gives her speech at the annual meeting of the Confederation of German Employers' Association (BDA) in Berlin, November 4, 2014. REUTERS/Fabrizio Bensch

    Merkel says euro zone extremely fragile

    By Madeline Chambers, Reuters

    BERLIN (Reuters) - German Chancellor Angela Merkel said on Tuesday the euro zone was extremely fragile and made clear Europe's biggest economy would not borrow more to invest, resisting pressure from...

  • Alexander Zakharchenko, separatist leader of the self-proclaimed Donetsk People's Republic, casts a ballot during its leadership and local parliamentary elections at a polling station in Donetsk November 2, 2014. REUTERS/Maxim Zmeyev

    Ukraine's rebel leader is sworn in, crisis deepens

    By Reuters

    Alexander Zakharchenko, who was elected in a rogue vote on Sunday that was denounced as a "farce" by Kiev and illegitimate by the West, took the oath to "honestly serve the interests of the people of...

  • Alexis Tsipras, leader of Greece's far-left Syriza party listens to Greek President Karolos Papoulias (not pictured) during their meeting at the Presidential palace in Athens November 3, 2014. REUTERS/Yorgos Karahalis

    From firebrand to PM-in-waiting, Greek leftist smells power

    By Renee Maltezou and Deepa Babington, Reuters

    ATHENS (Reuters) - Alexis Tsipras, leader of Greece's far-left Syriza party, recently traveled to Frankfurt and Rome to meet European leaders. He is softening his confrontational tone with Greece's...

  • European Commission Director-General for Economic and Financial Affairs (ECFIN) Marco Buti speaks during a news conference in London July 23, 2010. REUTERS/Stefan Wermuth

    Euro zone to avoid recession, stagnation risks remain: EU Commission

    By Robin Emmott, Reuters

    BRUSSELS (Reuters) - The fragile euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, revising down its forecasts and predicting...