Eurozone talks on Greece need 'a lot more progress' before possible deal

Talks aimed at preventing Greece from leaving the eurozone and collapsing into bankruptcy are on a knife-edge amid widespread scepticism from the country’s creditors about whether Athens can deliver on its promises.

Europe’s Slow Progress on Banking Reform

The European Union last week moved one step closer to establishing a banking union that could help address problems in its financial system.

France is Downgraded, Europe Goes 'From Bad to Worse'

It was bad news for France, but probably worse news for France’s neighbors: Late on Nov. 19, Moody’s Investors Service (MCO)stripped Paris of its AAA bond rating.

Europe at loggerheads over banking union

European finance ministers clashed over plans for a banking union on Saturday, with Germany leading criticism of proposals to introduce a single banking supervisor by January.