Eurogroup's Thomas Wieser sees euro zone reforms biting slowly

VIENNA: Reforms to cut public and private debt in euro zone countries could take up to a decade to have a sustainable effect on growth in the bloc, the head of the Eurogroup's working group told a newspaper.

UK economy back at pre-crisis level

The UK economy grew by 0.8% in second quarter of 2014, official figures show The figures, from the Office for National Statistics (ONS), show the economy is now 0.2% ahead of its pre-crisis peak, which was reached in the first quarter of 2008.

Euro zone business on solid footing in July but firms cut prices - PMI

(Reuters) - The euro zone's private sector expanded at the fastest rate in three months in July, although faster growth in new business was driven mainly by companies cutting prices again, surveys showed on Thursday.

Euro zone's debt rises in first quarter, set to peak this year

(Reuters) - Euro zone public debt rose to 93.9 percent of economic output in the first quarter of this year, approaching the peak it is expected to reach later in 2014, official data showed on Tuesday.

Europe Stocks Rally on Ukraine as Gold Drops; China Share

July 22 (Bloomberg) --European equities advanced with Russian stocks while gold and Treasuries slipped as the stand-off surrounding a downed passenger jet in Ukraine eased.