Greece to get 381 million euros from mobile phone spectrum sale

(Reuters) - Greece will raise 381 million euros from the sale of mobile phone frequencies to its biggest telecom operator OTE (OTEr.AT), Vodafone (VOD.L) and Wind Hellas, the minimum price set in the tender, its telecoms regulator said on Monday.

PM Valls urges Europe to respect France, and its budget

(Reuters) - French Prime Minister Manuel Valls said on Saturday that it is up to France to decide on its budget and that Paris should be treated with respect by its European partners.

IMF warns period of ultra-low interest rates poses fresh financial crisis threat

A prolonged period of ultra-low interest rates poses the threat of a fresh financial crisis by encouraging excessive risk taking on global markets, the International Monetary Fund has said.

Swiss deflation risk on radar screen for SNB: bank chairman

(Reuters) - Swiss National Bank (SNB) Chairman Thomas Jordan vowed on Friday to take whatever steps were necessary to fend off deflation in the face of a weak global economy, worsening euro zone outlook and falling commodities prices.

Hollande Falls Into Line as Merkel Fends Off EU Spending

German Chancellor Angela Merkel sidestepped French President Francois Hollande’s call to use stimulus measures to counter Europe’s faltering recovery, saying investments need to be carefully considered.