August 24, 2012

Debt crisis: eurozone headed for recession as economic rot spreads

The eurozone looks destined for its second recession in three years, as business surveys showed the economic rot is even spreading to Germany, the region's largest and strongest economy.

August 23, 2012

Eurozone crisis: Greek PM Antonis Samaras seeks 'breathing space', starting EU talks

ATHENS: Greek Prime Minister Antonis Samaras started a European charm offensive on Wednesday with an appeal to Germans for more time to meet Athens' borrowing obligations, but he may struggle to make his case in a series of meetings this week with EU leaders.

August 21, 2012

Germany puts pressure on Greece PM over bailout targets

Greece must stick to its agreed bailout conditions, Germany says, at the start of a week in which Greece is expected to ask for more time to make cuts.

August 20, 2012

French finance minister sees economy growing in 2013: report

PARIS (Reuters) - France economy has the potential to rebound in 2013 and there are no plans to lower growth forecasts for next year, Finance Minister Pierre Moscovici said in an interview to be published on Sunday by weekly newspaper Le Journal du Dimanche.

August 19, 2012

Finland prepares for break-up of eurozone

The Nordic state is battening down the hatches for a full-blown currency crisis as tensions in the eurozone mount and has said it will not tolerate further bail-out creep or fiscal union by stealth.