November 12, 2012

Germany Says Growth to Weaken in Winter

Germany's economy, the largest in Europe, will weaken "noticeably" during the winter months as companies hold back on investments due to the euro-zone crisis, Germany's economics ministry said Friday.

November 11, 2012

Cyprus talks with lenders as debt sustainability in focus

NICOSIA (Reuters) - Cyprus launched a last-ditch bid with potential lenders on Friday to get financial aid needed before coffers in the tiny euro zone economy start running dry.

November 10, 2012

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.

November 09, 2012

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.

November 08, 2012

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.