Greece passes 2014 budget

ATHENS, Greece (AP) — Greek lawmakers passed the government’s 2014 budget, which forecasts a return to growth after six consecutive years of deep recession, early Sunday.

Euro Hits December Highs as ECB Downplays Policy Pivot

The European Central Bank left its monetary policy firmly on hold today, offering a change in neither the key benchmark interest rate nor the deposit facility rate.

Spain borrowing costs fall after Moody's raises outlook

The Spanish Treasury sold 3.524 billion euros ($4.8 billion) in bonds of three and five years, with demand outstripping demand by a ratio of 2.7 to one, the central bank said.

Euro zone likely to backstop banks with promises rather than cash

BRUSSELS (Reuters) - Euro zone governments have set aside almost no money to make good on their promise to recapitalise ailing banks after a health check next year.

House building drives surge in UK construction activity

Britain's construction sector has enjoyed its strongest pick-up in business since before the financial crisis plunged the industry deep into recession, according to the latest in a string of upbeat economic reports.