Greek Crisis Legacy Tests Samaras Bid to End Market Exile

Antonis Samaras’s mission to end Greece’s exile from bond markets faces a reality check this week as data shows how deeply the economy remains mired in deflation with the worst jobless rate in the euro area.

Race for top EU jobs turns murkier before elections

PARIS (Reuters) - The race for the European Union's top leadership jobs has turned murkier with news that Finland's prime minister is stepping down to seek a European role while France is touting its former finance minister as its nominee for a European Commission post.

GLOBAL MARKETS-Asia tense before US jobs test, euro nurses losses

SYDNEY, April 4 (Reuters) - Asian markets put discretion before valour on Friday as investors counted down the final hours to the U.S. jobs report, while the euro nursed a grudge after the European Central Bank opened the door to more aggressive easing, albeit not just yet.

ECB models trillion euro asset purchase program: newspaper

(Reuters) - The European Central Bank has modelled the effects of buying a trillion Euros of assets to ward off deflation, a German newspaper reported on Friday, a day after the ECB's president said radical policy action might be needed.

OECD Warns Euro Area of Higher Deflation Risks

BRUSSELS--Deflation risks in the euro area have risen and the European Central Bank should keep its interest rates at near zero over the medium term to tackle them, the Organization for Economic Cooperation and Development said in a report Thursday.