Poland’s Outlook Cut to Stable at Fitch on Wider Budget Deficit

Poland had its rating outlook reduced to stable from positive at Fitch Ratings, which cited the country’s reduced fiscal credibility.

Bank of England's rate guidance aims to boost confidence: Charlie Bean

LONDON: The Bank of England's decision to provide explicit guidance on the path of interest rates was motivated by the desire to give consumers and firms more confidence to spend, deputy governor Charlie Bean said on Saturday.

Greek bailout talk inserts euro crisis into German vote, gives Merkel opponents ammunition

BERLIN – Chancellor Angela Merkel's opponents are assailing her credibility after her finance minister said Greece will need a third bailout package — injecting Europe's debt crisis for the first time into the campaign for next month's German elections.

Former ECB policymaker says euro zone crisis may flare up again

NICOSIA: A former senior ECB policymaker on Friday said the euro zone's debt crisis was far from over, and that a messy bailout for Cyprus had taken the island backwards by at least a generation.

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.