Euro zone banks slow crisis loan returns as extra cash falls

FRANKFURT (Reuters) - The pace at which euro zone banks are repaying their crisis loans to the European Central Bank has slowed significantly as extra cash in the system reaches critically low levels.

Former ECB policymaker says euro zone crisis may flare up again

NICOSIA: A former senior ECB policymaker on Friday said the euro zone's debt crisis was far from over, and that a messy bailout for Cyprus had taken the island backwards by at least a generation.

Analysis: German hint of Greek debt relief raises euro hopes

BRUSSELS (Reuters) - Three years into the euro zone's debt crisis, Germany's finance minister hinted tantalisingly last week at a potential breakthrough.

Doubts Linger Despite Show of Euro-Zone Unity

BRUSSELS—European leaders' new measures Friday to tackle the euro zone's debt crisis—promising to use their sizeable rescue funds more flexibly and pave the way for the European Central Bank to assume an expanded role as supervisor for the euro zone's banking sector—were welcomed as a rare bold step in the right direction.

Corrected: In austere times, EU to discuss 6.8 percent budget rise

(Reuters) - The European Commission will risk accusations of double standards on Wednesday when it proposes a 6.8 percent increase in the European Union's budget next year despite calls for fiscal discipline across the bloc.

Analysis: Question of balance as euro zone crisis mutates

LONDON (Reuters) - With Greece's second bailout seemingly in the bag at last, Spain is shaping up as the next big test of whether euro zone policymakers can keep striking the right balance between carrot and stick to reconcile the very different interests of lenders, debtors and markets.

Swiss risk deflation if euro crisis worsens: Jordan

GENEVA/ZURICH (Reuters) - The Swiss National Bank fears that an escalation of the euro zone's debt crisis could prompt deflation, Thomas Jordan said in his first speech since becoming interim chairman of the central bank, stressing his determination to keep a lid on the franc.

UPDATE: Schaeuble Says Single Summit Can't Solve Debt Crisis

LONDON (Dow Jones)--The euro zone's debt crisis isn't over and discipline needs to be maintained to stop it spreading further, according to German Finance Minister Wolfgang Schaeuble.

In a letter to party comrades in the Bundestag, seen by Dow Jones Newswires, Schaeuble warned "it would be a mistake to think that the crisis of trust in the euro area can be solved by a single summit," although he argued that last week's decisions by heads of government were "an important step towards overcoming the Greek crisis and the preservation of financial stability."