France produces 'no austerity' budget, defying EU rules

PARIS: France intensified a showdown with its European Union partners Wednesday by unveiling a "no austerity" budget that aims to bring its deficit within European guidelines two years later than previously promised.

Germany, France Seek Eased Euro Deficit Rule Amid Austerity

Germany and France are seeking to ease the euro area’s deficit rules to reflect efforts by governments to fix their economies, German Economy Minister Sigmar Gabriel said.

Poland’s Outlook Cut to Stable at Fitch on Wider Budget Deficit

Poland had its rating outlook reduced to stable from positive at Fitch Ratings, which cited the country’s reduced fiscal credibility.

ECB can't solve euro zone crisis alone - Weidmann

PARIS (Reuters) - Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools.

ECB can't solve euro zone crisis alone - Weidmann

PARIS (Reuters) - Bundesbank chief Jens Weidmann said on Thursday it was not up to the European Central Bank to solve the euro zone crisis, resisting pressure from other ECB policymakers for the bank to widen its range of policy tools.