Sir Mervyn King: global crisis 'far from over'

The global crisis is "far from over" and countries can expect several "twists and turns" before the economy fully recovers, the Governor of the Bank of England has warned.

Cyprus Teeters on Brink as Euro Chiefs Battle Crisis

European governments battled to save Cyprus from financial ruin, seeking to prevent the woes of the euro area’s third-smallest economy from reviving the debt crisis and rattling markets.

French Economy to Stay Stalled in First Half, Insee Predicts

The French economy will extend two years of stagnation in the first half as consumers hold off on spending and companies cut investments, national statistics office Insee predicted.

Most Germans expect euro zone crisis to worsen: poll

BERLIN (Reuters) - Nearly two thirds of Germans expect the euro zone crisis to worsen and almost half fear for their savings, according to an opinion poll released on Friday, amid rising concerns that Cyprus may be forced to quit the common currency.

New Slovenia PM vows to help growth, jobs before parliament vote

LJUBLJANA (Reuters) - Slovenia's new prime minister, Alenka Bratusek, is determined to revive the country's economy and overhaul its crumbling banks to avoid an international bailout, she told parliament on Wednesday.