Exclusive: UK business lobby makes U-turn over Scottish anti-independence campaign

(Reuters) - Britain's most prominent business lobby group wants to reverse its decision to be an official campaigner against Scottish independence, after some of its members quit over its stance.

EU in slow progress on deficit cuts

New figures from the European Commission show that EU governments are gradually making progress with their financial problems.

M&A talk lifts European shares, euro dips to two-week low

LONDON (Reuters) - M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which dipped to a two-week low against the dollar as ECB policymakers renewed efforts to weaken it.

German growth to slow after strong first quarter: finance ministry

(Reuters) - German economic growth will slow in the second quarter after an unusually mild winter gave Europe's largest economy a boost in the first three months of 2014, the Finance Ministry monthly report said on Tuesday.

Germany's Merkel Gets Tough on Russia

Angela Merkel wasn’t in a hurry to inflict economic pain on Moscow. Cautious, pragmatic, and mindful of her country’s business ties to Russia, the German chancellor doggedly tried to defuse the Ukraine crisis through back-channel diplomacy and frequent phone calls with Russian President Vladimir Putin.