Chaos and control: Europe's debt crisis from two perspectives

(Reuters) - Perhaps the darkest moment of the euro zone debt crisis came in the middle of 2012 when Greece stood on the brink of being forced out of the currency bloc and a question mark hung over whether Cyprus would remain in if Athens left.

EU's Herman Van Rompuy sees European economic revival in 2014

BRUSSELS: European Council president Herman Van Rompuy on Sunday forecast an economic upswing for Europe in 2014 in an interview with a Flemish-speaking broascaster.

EU budget summit ends without deal

The Brussels summit has ended without agreement on the 27-strong union's next seven-year budget.

European Union urges Greece to strike deal with creditors

VIENTIANE: European Union president Herman Van Rompuy urged Greece on Tuesday to reach an agreement with its troika of creditors so that it can receive a new financial lifeline.

European business activity falls to near three-year low

Activity at European businesses hit a near three-year low in May, according to a survey by Markit. Its index, based on a survey of purchasing managers in the manufacturing and service sector, fell to 45.9 in May, a 35-month low.