U.K.’s Osborne to Boost Home Building, Extend Help-to-Buy

Chancellor of the Exchequer George Osborne said he will extend the Help-to-Buy program for newly built homes until 2020, and announced plans for a garden city outside London to spur Britain’s housing supply.

Spanish public debt hits new record in 2013

Madrid (AFP) - Spain reported Friday its public debt soared to a new record high in 2013 despite a slew of budget-cutting measures, ballooning to nearly 94 percent of the economy's entire annual output.

Euro Weakens Sharply Following Draghi Comments

The euro weakened sharply, and prices of German government debt rose, after comments by European Central Bank President Mario Draghi raised the possibility of easing measures to stave off deflation in the euro zone.

Irish Bonds Rise, Yields Drop to Record in Market Return

Ireland’s 10-year yield fell to a record as the nation auctioned government bonds for the first time since 2010, the latest sign the euro region’s financial woes are abating.

Time runs short as Europe haggles over banking union reform

BRUSSELS, March 11 (Reuters) - European ministers haggled over how to build a safety net for failing banks on Tuesday, redoubling efforts to avoid an embarrassing delay to the euro zone's centrepiece crisis reform.