Italy says economy shrank 0.3 per cent in second quarter

Italy on Tuesday downgraded its estimate for growth in the second quarter, saying the economy shrank by 0.3 percent in April to June instead of 0.2 percent initially calculated.

Bank of France raises growth forecast slightly

PARIS (Reuters) - France should post economic growth of 0.2 percent in the third quarter, the Bank of France said on Monday, revising its forecast up slightly from a first estimate of 0.1 percent.

Spain industrial output falls for 23rd month in July

MADRID (Reuters) - Spain's industrial output fell for the 23rd straight month in July but an economist said he still sees potential for a weak recovery in the recession-hit economy before the end of the year.

Bank of England's Paul Fisher says may hold off on more QE: Report

LONDON: A Bank of England policymaker who has been one of its biggest proponents of more bond buying said in an interview on Sunday that the bank could hold off from pumping more money into the economy if its new forward guidance plan works.

Euro Becoming Haven With Breakup a Memory on Economy: Currencies

The euro is becoming a haven for investors who just three years ago pushed the 17-nation currency union close to breakup.