Germany should drive economic recovery in Europe, IMF chief says

Geneva (AFP) - IMF chief Christine Lagarde wants Germany to play a bigger role in propelling economic recovery in Europe, she hinted in an interview broadcast on Monday, suggesting that German wages should rise.

European Stocks Climb After Draghi Signals More Stimulus

European stocks rose to their highest level this month, following two weekly increases, after European Central Bank President Mario Draghi signaled policy makers are ready to add stimulus.

E.C.B. Chief Seeks Tax Cuts and State Spending

JACKSON HOLE, Wyo. — Mario Draghi, president of the European Central Bank, said Friday that European governments needed to move from a focus on austerity to a “more growth-friendly composition of fiscal policies.”

Serbia Won’t Join EU Sanctions Against Russia, Vucic Says

Serbia won’t join European Union sanctions against Russia even as the Balkan nation sticks to its plan to continue membership talks with the world’s largest trading bloc, Prime Minister Aleksandar Vucic said.

German finmin sees quick economic recovery after weak second quarter: Spiegel

(Reuters) - Germany's finance ministry expects Europe's biggest economy to bounce back after a weak second quarter and thinks growth may even exceed the government's current forecast of 1.8 percent for this year, Der Spiegel magazine reported on Sunday.