Canada rate hikes predicted despite tame inflation

OTTAWA (Reuters) - A drop in Canada's year-on-year inflation rate to an 18-month low in March will not delay interest rate hikes by the Bank of Canada, which is paying closer attention to economic growth, analysts said on Friday.

France Dispels Downgrade Talk

PARIS—France hasn't been notified of any potential sovereign-rating downgrade, French government officials said Thursday.

Spain bond auction sees strong demand

There was relief at the result of Spain's bond auction on Thursday, in which there was strong demand, even though some borrowing costs rose.

Greece May Delay Banks Plan

ATHENS—Greece's government is likely to push back final decisions on a much-awaited plan to recapitalize the nation's banks until after May 6 elections, senior government officials said Wednesday, as it wrestles with the thorny issue of how to rescue the country's mortally wounded lenders.

Euro crisis could destroy European Union: George Soros

COPENHAGEN: Billionaire George Soros warned on Monday that the euro crisis is growing deeper, tearing at the fabric of European Union cohesion, because policymakers are prescribing the wrong remedies.