European Banks Face $1 Trillion Gap Before Review, Study Shows

European banks have a capital shortfall of as much as 767 billion euros ($1 trillion) before the European Central Bank’s probe into the financial health of the region’s lenders, according to a study.

UK real incomes to rise at last in 2014, says Bank of England official

British households can look forward to rising real incomes in 2014 after four years in which high inflation has outstripped wage increases, a Bank of England policymaker said.

Euro zone inflation slows in December, IMF flags deflation risk

BRUSSELS (Reuters) - Euro zone inflation slowed in December, the European Union's statistics office confirmed on Thursday, in what the European Central Bank attributed last week to a one-off change in the method of calculating price growth in Germany.

Germany's Economic Growth Slows in 2013 as Euro-Zone Crisis Weighs

BERLIN--German economic growth slowed in 2013 amid uncertainty stemming from the euro-zone crisis, the federal statistics office Destatis said Wednesday.

Greece posts budget surplus in 2013 at central government level

ATHENS: Greece's central government posted a primary budget surplus of 700 million euros last year and will also post a surplus at the more closely-watched general government level, making it eligible for further debt relief, its deputy finance minister said on Tuesday.