Italy must still meet targets after scrapping property tax, says Rehn

(Reuters) - European authorities will want to ensure Italy can still meet its fiscal commitments after scrapping a property tax, the European Commission's top economic official said on Thursday.

Greece eyes fresh aid, but wary of more austerity

Stuck in its debt crisis but confident of progress made after two major bailouts, recession-mired Greece is unsure of what an inevitable third package will look like.

Euro-Area Economic Confidence Seen Up to 17-Month High

Economic confidence in the euro area probably rose to the highest level in 17 months in August, adding to signs that the currency bloc’s recovery from a record-long recession is gathering pace.

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.