Merkel Shifts From Euro to Global Agenda With Papal Visit

(Bloomberg) -- German Chancellor Angela Merkel added Pope Francis to her expanding diplomatic push on Saturday, stepping away from euro-area crisis negotiations to promote her global agenda on combating climate change, disease and poverty.

Stocks rise, euro drops as EU and Ukraine election results come in

European stock markets moved higher Monday as election results rolled in from the European Union and Ukraine. Germany's DAX index led the way with a 1.3% rise.

Race for top EU jobs turns murkier before elections

PARIS (Reuters) - The race for the European Union's top leadership jobs has turned murkier with news that Finland's prime minister is stepping down to seek a European role while France is touting its former finance minister as its nominee for a European Commission post.

European Parliament set to get tough on debt crisis

BRUSSELS: The European Parliament will press top officials face to face next week for firmer action to tackle the region's debt crisis, with common bonds and a stronger euro zone rescue fund likely to anchor the debate.

European Central Bank President Jean-Claude Trichet will be questioned on Aug. 29 alongside Eurogroup Chairman Jean-Claude Juncker and Olli Rehn, the European commissioner for economic and monetary affairs, in an extraordinary session of parliament's economic and monetary affairs committee.