Germany's Merkel Taunts Opponents Over Euro Crisis

Chancellor Angela Merkel taunted her election opponent Tuesday over Europe's debt crisis, noting that his party had backed practically all of her rescue policies and arguing that their proposals might make things worse by pooling countries' debt.

The new EU External Energy Policy: an important move - if it is not too late

By Alexander Mirtchev

 With the adoption of its new External Energy Policy, the EU has finally made a first step towards its integration as a single negotiating bloc in the world energy market. As such the External Energy Policy could become an important factor in the global energy security picture and a possible geopolitical game-changer. However, it remains to be seen whether the big EU member states will be willing to subordinate their interests to the wider EU interest. The External Energy Policy has probably come five years too late, argues Alexander Mirtchev, President of Krull Corp. and Vice-President of the Royal United Services Institute for Defence and Security Studies.

Euro-zone factory rebound spreads to Spain, Italy

A recovery in the euro-zone manufacturing sector broadened in August, as factory activity picked up in countries such as Spain and Italy that have suffered long downturns sparked by the region’s fiscal crisis.

Greece rejects EU plan to sell assets through overseas agency

ATHENS: Greece dismissed a proposal by euro zone officials to hand over the management of its real estate assets to a holding company based overseas, saying on Saturday the country would stay in charge of its privatisation programme.

Euro-Zone Unemployment Falls Slightly

The number of people unemployed in the euro zone fell in July for the second month in a row, adding to tentative signs that a modest recovery under way in the currency bloc's economy is starting to erode its sky-high levels of joblessness.