Brent steady above $110 on supply woes, Euro crisis caps gains

SINGAPORE (Reuters) - Brent futures held steady above $110 on Thursday on renewed worries of supply disruptions from the Middle East, while an escalating euro zone debt crisis reinforced oil demand growth concerns and capped the gains.

Europe must take "deep breath" and enact reforms: Merkel

BERLIN (Reuters) - Chancellor Angela Merkel said on Tuesday that Europe could only hope to come out of its crisis stronger and compete in a globalised world if its members pressed ahead with painful reforms and moved to more responsible budget policies.

Spain's bailout hesitation 'highly risky': EU commissioner

BRUSSELS: Uncertainty over whether Spain intends to seek a full bailout is "highly risky", Joaquin Almunia, the EU's competition commissioner, warned Madrid during an interview with AFP.

Euro Posts First Decline in Six Weeks as Economic Growth Stalls

The euro fell for the first time in six weeks versus the dollar as reports showed the region’s economy struggling amid the debt crisis.

ECB may not supervise all banks - Merkel ally

(Reuters) - A senior conservative ally of German Chancellor Angela Merkel has suggested the European Central Bank may not get new powers to supervise all of the euro zone's banks and said the existing European Banking Authority could be enhanced instead.