Euro hits fresh one-year low, hamstrung by Ukraine turmoil

SYDNEY/SINGAPORE, Sept 1 (Reuters) - The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.

Germany posts budget surplus as pressure rises to boost growth

(Reuters) - Germany posted a budget surplus of 16.1 billion euros in the first half of 2014, highlighting the strength of the country's finances at a time when Berlin faces pressure to loosen the fiscal reins and spend more to boost flagging growth in Europe.

EU summit on economy in Italy October 6

(PARIS) - French President Francois Hollande announced on Saturday that EU leaders would hold a summit in Italy in early October aimed at boosting growth and jobs in the bloc.

IMF 'confident' Lagarde can continue despite investigation

The International Monetary Fund (IMF) has expressed confidence in its leader Christine Lagarde, despite her being investigated for negligence in France.

Eurozone gripped by deflation fears as inflation rate hits five-year low

Fears that the eurozone could tip into outright deflation have been fanned as the inflation rate in the currency bloc hit a new five-year low of 0.3%.