Portugal raises $1.34 billion amid recovery hopes

LISBON, Portugal (AP) — Portugal raised 1 billion euros ($1.34 billion) in an auction of short-term debt Wednesday amid signs the country's deep recession has bottomed out, though investors remain wary of the political and economic risks of planned new austerity measures.

Key Euribor rate steady as ECB rate cut hopes dim

(Reuters) - The key Euribor bank-to-bank lending rate held steady on Monday as expectations of an ECB interest rate cut faded after data last week showed the euro zone exited recession in the second quarter.

Economy Is a Casualty in Germany's 'Noncampaign'

BERLIN — Germans sleep better, Bismarck once said, when they don’t know how sausages and laws are made. A century and a half later, Chancellor Angela Merkel seems to be modeling an election campaign on the musings of Bismarck, the “Iron Chancellor.”

France, Germany call for immediate end to Egyptian clashes

BRUSSELS, Aug. 16 (UPI) -- The leaders of France and Germany on Friday called for an immediate end to the violence in Egypt and a return to dialogue between the opposing sides.

Eurozone inflation flat, trade surplus higher: Eurostat

BRUSSELS: Inflation in the 17-nation eurozone was flat in July at an annual rate of 1.6 per cent, official data showed on Friday.