Poland will look to rich EU states if budget vetoed: PM

(Reuters) - Poland, the biggest recipient of European Union funds, would seek common ground with countries that pay the most into EU coffers if a long-term budget proposal is vetoed, Prime Minister Donald Tusk said on Friday.

Greek vote important step, key issues remain: EU

BRUSSELS: Greece has made an important step in approving tough new austerity measures but must still pass the 2013 budget and key issues remain before it can secure the next debt aid payment, the European Commission said on Thursday.

Angst returns on German recession fears and US fiscal cliff

Stock markets skidded across the world and investors retreated to safe-haven assets on fears that Europe’s festering crisis has spread to Germany and a bitterly-divided Washington may struggle to avert a fiscal crisis.

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.

UK services sector slows to 22-month low

Growth in the UK services sector grew in October, but the pace has slowed to an almost two-year low, according to "disappointing" official data.