E.C.B. Chief Seeks Tax Cuts and State Spending

JACKSON HOLE, Wyo. — Mario Draghi, president of the European Central Bank, said Friday that European governments needed to move from a focus on austerity to a “more growth-friendly composition of fiscal policies.”

Serbia Won’t Join EU Sanctions Against Russia, Vucic Says

Serbia won’t join European Union sanctions against Russia even as the Balkan nation sticks to its plan to continue membership talks with the world’s largest trading bloc, Prime Minister Aleksandar Vucic said.