Draghi says ECB ready to adjust policy if inflation drops further

(Reuters) - The European Central Bank is prepared to respond with all its "available" tools should inflation in the euro zone drop further, ECB President Mario Draghi said on Friday in remarks that opened the door to possible policy action in September.

UK retail sales growth falls to eight-month low, public finances weak

(Reuters) - British retail sales grew in July at the slowest annual rate since November of last year, while the government failed to make much of an inroad into public borrowing, data showed on Thursday.

French business activity stagnant in August: PMI

(Reuters) - French business activity was stagnant in August, a survey showed on Thursday, as an improvement in the services sector could not fully offset the worst performance in over a year in manufacturing in the euro zone's second-biggest economy.

ECB in policy limbo, boxed in by its own plans

(Reuters) - The European Central Bank is in a policy no man's land, bombarded by news of a stagnating euro zone economy but hesitant to move forward with new stimulus until measures it loaded in June have ignited.

Angela Merkel scolds Italy and France over the faltering eurozone recovery

Angela Merkel has delivered a sharp rebuke to Italy and France for hindering the eurozone's recovery by breaking longstanding fiscal rules.