Economic uncertainty growing massively: ECB's Nowotny

(Reuters) - Economic uncertainty in Europe is rising "massively" as growth prospects worsen, especially for debt-strapped southern euro zone members, European Central Bank Governing Council member Ewald Nowotny said.

In Euro Crisis, Obama Tries to Build on a Rapport With Merkel

WASHINGTON — At the end of a summit meeting at Camp David last month, as the other world leaders were heading for their helicopters, President Obama did what has become a habit during his years in the White House: he made time for an informal but deadly serious talk with Chancellor Angela Merkel of Germany.

Challenge to Austerity, And Germany, Is Sharpened

BERLIN—Europe's voters delivered another rebuke to their leaders Sunday for failing to overcome a debt crisis that has thrust much of the region into an economic tailspin.

UK faces request for £19bn as IMF boosts bailout fund to $1tn

The government has said it will demand improvements in European Union efforts to sort out its currency before it can agree to an imminent request from the International Monetary Fund for extra UK funds that is likely to be as high as £19bn.