Hollande vows to revive French supertax

France's President Francois Hollande says he still plans to raise the top rate of income tax after his 75% plan was struck down on technical grounds. In a national address on New Year's Eve, he said the law would be redesigned, adding, "we will still ask more of those who have the most".

Worst of Euro Crisis is Over, German Finance Minister Schaeuble Says

The worst of the euro zone sovereign debt crisis is over, German Finance Minister Wolfgang Schaeuble has said in an interview to be published on Friday.

Euro zone crisis batters holiday sales prospects

(Reuters) - Shoppers in euro zone nations battered by years of recession and crisis are on the hunt for bargains, delaying their purchases until the last minute, or simply not buying at all as post-Christmas sales get underway.

Forex Forecasts: Euro’s Relief Rally Depends on Crisis Ease in 2013

The Euro has put in for a remarkable trend shift through the second half of 2012, but its bullish ambitions should not be considered a clear trend.

Spain rules out Irish-style bailout

MADRID: Spain on Wednesday ruled out any Irish-style bailout for the recession-hit, jobs-starved economy, but said it was still undecided about seeking intervention by the European Central Bank to bring down its debt financing costs.