Greek yields drop as Turkey eases emerging market tensions

LONDON, Jan 29 (Reuters) - Greek bond yields fell on Wednesday after a blockbuster move by the Turkish central bank to hike interest rates stalled an emerging market rout that has hit the euro zone's weakest member.

UK commercial property market strengthening, says British Land

British Land said the UK commercial property market was strengthening with increased investment spreading from London into regional markets.

Euro zone may scrap option of direct bank recapitalisation in 10 years

BRUSSELS (Reuters) - Euro zone governments are considering inserting a "review clause" into their agreement on the direct recapitalisation of banks so that they can reverse or renegotiate the deal in the coming years, officials have told Reuters.

Euro Jobless Record Not Whole Story as Italians Give Up

Euro-area data this week will probably show the region ended 2013 with a record jobless rate that reveals only part of the social legacy of the debt crisis.

Moody's maintains French debt rating

The US agency affirmed the bond rating one notch below the top AAA rating.

Euro zone to assure IMF it will keep funding Greece: EU official

(Reuters) - The euro zone will assure the International Monetary Fund in coming months that it will continue to bankroll Greece, enabling the IMF to disburse its share of international aid to Athens, a senior European Union official said on Friday.

Schaeuble Says Europe’s Back After Years of Euro Crisis

Europe’s back from the years of crisis in the euro area thanks to German-led prescriptions of reform, Finance Minister Wolfgang Schaeuble said.

Euro Zone Government Debt Falls For First Time Since Crisis

The debts of euro-zone governments fell in the three months to September, the first decline since the end of 2007, and an indication that the currency area may be getting on top of one of its most pressing problems.

French taxes may decrease before 2017: minister

(Reuters) - French Finance Minister Pierre Moscovici said on Wednesday that taxes would start to decrease before 2017 if a deficit-cutting program remained on schedule and economic growth allowed the government to revise fiscal policy.

European Stocks Little Changed Following Two-Week Advance

European stocks were little changed after a two-week rally pushed the Stoxx Europe 600 Index to a six-year high. U.S. equity-index futures were also little changed, while Asian shares dropped.

European Banks Face $1 Trillion Gap Before Review, Study Shows

European banks have a capital shortfall of as much as 767 billion euros ($1 trillion) before the European Central Bank’s probe into the financial health of the region’s lenders, according to a study.

UK real incomes to rise at last in 2014, says Bank of England official

British households can look forward to rising real incomes in 2014 after four years in which high inflation has outstripped wage increases, a Bank of England policymaker said.

Euro zone inflation slows in December, IMF flags deflation risk

BRUSSELS (Reuters) - Euro zone inflation slowed in December, the European Union's statistics office confirmed on Thursday, in what the European Central Bank attributed last week to a one-off change in the method of calculating price growth in Germany.

Germany's Economic Growth Slows in 2013 as Euro-Zone Crisis Weighs

BERLIN--German economic growth slowed in 2013 amid uncertainty stemming from the euro-zone crisis, the federal statistics office Destatis said Wednesday.

Greece posts budget surplus in 2013 at central government level

ATHENS: Greece's central government posted a primary budget surplus of 700 million euros last year and will also post a surplus at the more closely-watched general government level, making it eligible for further debt relief, its deputy finance minister said on Tuesday.

Euro-Zone Tensions Flare at U.S. Economics Gathering

Europe’s existential crisis follows the economics profession wherever it travels — even while the region’s troubles simmer without major incident for now.

Eurozone brushes with normal as investors return

PARIS: The Eurozone may be finally returning to some semblance of normality after years of debt crisis that brought fear to the world.

Germans’ Backing of EU Rises to Record as Economy Bucks Gloom

Germans’ support for the European Union rose to a record along with satisfaction about the economy, contrasting with anti-EU groundswells in neighboring countries.

Euro-Area Economic Confidence Increases More Than Forecast

Euro-area economic confidence increased more than economists forecast in December, buoying up policy makers as they grapple with the legacy of the currency bloc’s longest recession.

Euro zone economic morale jumps, easing pressure on ECB to act

(Reuters) - Euro zone economic sentiment rose more than expected in December and inflation expectations picked up, data showed on Thursday, easing some pressure on the European Central Bank to loosen monetary strings further.

Euro zone unemployment at 12%, while U.S. improving

New reports out of the U.S. and Europe Wednesday show a stark divergence between unemployment trends in America and the euro zone.

Italy service sector shrinks for second month in Dec - PMI

ROME (Reuters) - Italy's service sector contracted for the second month running in December, a survey showed on Monday, evidence the economy is still struggling to emerge from its worst recession since World War Two.

Euro Jobless Scourge Seen Defying Leaders’ Growth Pledge

European Union leaders pondering the fruits of a 120 billion-euro ($163 billion) push to jump-start the economy and create jobs can look to data this week for evidence of how little has been achieved.

Greece beats target for taking up EU co-financing funds

ATHENS (Reuters) - Greece beat its target for taking up European Union co-financing funds in 2013 after it streamlined businesses' access to the money, the Development Ministry said on Thursday.

Euro zone corporate lending shrinks at record pace in Nov

FRANKFURT (Reuters) - Lending to companies in the euro zone contracted at the fastest pace on record in November, piling pressure on the European Central Bank to do more to revive the currency bloc's economy.

Lower-rated euro zone debt rallies on improving economic data

LONDON, Jan 3 (Reuters) - Lower-rated euro zone bonds rallied on Friday as a drop in Spanish unemployment and a move by Portugal's president to side with the government on the 2014 budget added to signs the region is coming out of its crisis.

Euro zone factories end 2013 on a high, but France a worry: PMIs

(Reuters) - Euro zone manufacturing grew at the fastest rate since mid-2011 in December on brisk business in Germany and Italy, setting the stage for a solid start to the year after a tumultuous 2013, a survey showed on Thursday.

Euro to be 2013's top-performing major currency

NEW YORK: Although easing back on Tuesday, the euro remained on track to be the world's best-performing major currency this year, while the dollar looked set for its biggest annual gain against the yen since 1979.

Greece will require no further aid after bailout exit: Antonis Samaras

ATHENS: Greece will exit its EU-IMF bailout agreement as scheduled in 2014 and will require no further loans, Prime Minister Antonis Samaras said today.