May 25, 2013

Slovenia adopts debt cap to stave off crisis

LJUBLJANA: Slovenia's parliament on Friday imposed a cap on public spending in an attempt to convince foreign investors that the small eurozone country will not need an international bailout.

May 24, 2013

ECB can't solve euro zone crisis alone - Weidmann

PARIS (Reuters) - Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools.

May 23, 2013

Nobel Laureate Phelps Warns Against EU as Iceland Abandons Talks

Nobel Laureate Edmund Phelps warned against the dangers of European Union membership as Iceland became the latest nation to question the sense of affiliation with a bloc mired in economic crisis.

May 21, 2013

British PM David Cameron urges more action on tax from UK territories

LONDON: Britain called upon its overseas territories to "get their house in order" over the sharing of tax information on Monday as the UK looks to lead a global fight against tax evasion ahead of a meeting of the world's wealthiest states.

May 20, 2013

Every cent helps: euro zone explores scrapping smallest coins

BRUSSELS (Reuters) - Saving pocket change may not end the euro zone crisis, but the European Commission hopes that scrapping the smallest coins could help penny-pinching governments cut costs.