Euro zone may scrap option of direct bank recapitalisation in 10 years

BRUSSELS (Reuters) - Euro zone governments are considering inserting a "review clause" into their agreement on the direct recapitalisation of banks so that they can reverse or renegotiate the deal in the coming years, officials have told Reuters.

Euro Jobless Record Not Whole Story as Italians Give Up

Euro-area data this week will probably show the region ended 2013 with a record jobless rate that reveals only part of the social legacy of the debt crisis.

Moody's maintains French debt rating

The US agency affirmed the bond rating one notch below the top AAA rating.

Euro zone to assure IMF it will keep funding Greece: EU official

(Reuters) - The euro zone will assure the International Monetary Fund in coming months that it will continue to bankroll Greece, enabling the IMF to disburse its share of international aid to Athens, a senior European Union official said on Friday.

Schaeuble Says Europe’s Back After Years of Euro Crisis

Europe’s back from the years of crisis in the euro area thanks to German-led prescriptions of reform, Finance Minister Wolfgang Schaeuble said.