Euro, stocks fall as anti-austerity party wins Greek election

(Reuters) - The euro skidded to near an 11-year low and U.S. stock futures fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.

Russia details bank recapitalization scheme

(Reuters) - Russian banks with at least 25 billion roubles in capital and willing to increase lending to key sectors of the economy will be able to participate in a 1 trillion rouble ($15.65 billion) recapitalization plan, Russia announced on Friday.

Spanish and Italian yields head back towards 8-year lows

LONDON, Feb 21 (Reuters) - Spanish and Italian bond yields fell back towards eight-year lows on Friday in a broad based rally in euro zone debt as uncertainty over the bloc's growth outlook bolstered expectations of further ECB policy easing.

Eurozone watchdog says some banks should go under: FT

(Reuters) - Some of the euro zone's lenders have no future and should be allowed to go under if they fail a health check, the bloc's new banking supervisor told the Financial Times, underscoring a tougher approach to banking oversight.

Euro zone corporate lending shrinks at record pace in Nov

FRANKFURT (Reuters) - Lending to companies in the euro zone contracted at the fastest pace on record in November, piling pressure on the European Central Bank to do more to revive the currency bloc's economy.

Unemployment set to rise further in euro zone's hardest hit: Polls

LONDON: The queues of jobless people across Spain, Portugal and Greece will lengthen further but an end to recession is within sight, according to the latest Reuters poll on some of the euro zone's most vulnerable economies.

Cyprus receives EU-IMF bailout funds

Cyprus has received the first instalment of a 10bn-euro bailout package from international creditors, which was agreed earlier this year.

Cyprus considered exiting the euro zone in March

Cyprus seriously considered dropping out of the euro zone at the peak of its financial crisis in March as it faced a standoff over the terms of an international bailout, Cyprus Foreign Minister Ioannis Kasoulides said in an interview in Washington on Thursday.

Euro crisis: Why a Cyprus bailout must be seen as 'fair'

As Europe tackles its latest euro crisis, a Cyprus bailout deal must follow the path of being perceived as 'fair.' A tax on small-time savers isn't seen that way.

ECB's Draghi: Spain is 'on the right track'

MADRID (AP) — Spain has succeeded in stabilizing a banking system that almost collapsed last year and is well-positioned for better economic times going forward, European Central Bank President Mario Draghi said Tuesday.

Forex Forecasts: Euro’s Relief Rally Depends on Crisis Ease in 2013

The Euro has put in for a remarkable trend shift through the second half of 2012, but its bullish ambitions should not be considered a clear trend.

Could Italy be next? Fears after Spain bank rescue

Even as the global economic community hailed an agreement to rescue Spain's stricken banks, there was concern in Rome on Sunday that investors could now begin treating Italy as the next weak link in the eurozone.

Euro-Zone Banks To Tighten Credit Conditions Further In 1Q

FRANKFURT -- Euro-zone banks expect to tighten credit conditions further in the first quarter on top of a surge in tightening already in the fourth quarter of last year as a result of the deepening sovereign debt crisis, while they see their wholesale funding conditions easing somewhat due to the European Central Bank's non-standard measures, the ECB said Wednesday.

Economy’s Crisis Respite Gives ECB Room to Pause Rate Cuts

Jan. 12 (Bloomberg) -- The European economy may be winning some respite from its sovereign debt crisis.