Spain’s economic recovery gathers momentum

Spain’s economic recovery gathered momentum between July and September, with growth for a fifth consecutive quarter. The economy grew by 0.5% in the third quarter, according to the country’s statistics office.

France vows 20 million euros for fight against Ebola

PARIS: France on Tuesday said it was pledging 20 million euros ($25.4 million) in the fight against Ebola in west Africa, including the opening of several care centres in Guinea.

Italy cuts 2015 deficit goal to win EU approval for budget

(Reuters) - Italy on Tuesday cut its target for the 2015 fiscal deficit to 2.6 percent of gross domestic product from 2.9 percent, having toughened its budget plan for next year in response to changes requested by the European Commission.

ECB covered bond buying plan starts with a whimper

(Reuters) - The European Central Bank spent 1.704 billion euros last week on covered bonds under a new purchase program with which it hopes to foster lending to businesses and thereby support the euro zone economy.

Twenty-four European banks fail financial stress tests

One in five European banks have failed crucial tests of their financial strength, leaving a €25bn (£19.6bn) capital hole in the continent’s banking system at a time of renewed fears that the five-year long eurozone crisis may be flaring up again.