Euro Jobless Record Not Whole Story as Italians Give Up

Euro-area data this week will probably show the region ended 2013 with a record jobless rate that reveals only part of the social legacy of the debt crisis.

Euro-Zone Current-Account Surplus Widened in August

The euro zone's current-account surplus widened in August, after narrowing in July, data from the European Central Bank showed Thursday.

Euro Rallies as German Factory Orders Diverge from PMI Result

German manufacturing orders increased by 2.2% in March (seasonally adjusted), thereby vastly outperforming expectations for the factory orders to decline by 0.5%, and the March rise in orders was the same as the revised 2.2% rise reported in February.

Doubts Linger Despite Show of Euro-Zone Unity

BRUSSELS—European leaders' new measures Friday to tackle the euro zone's debt crisis—promising to use their sizeable rescue funds more flexibly and pave the way for the European Central Bank to assume an expanded role as supervisor for the euro zone's banking sector—were welcomed as a rare bold step in the right direction.

Swedish Opposition Rejects EU Pact

STOCKHOLM—Sweden's largest opposition party has come out against signing up to the latest version of the European Union's fiscal pact, suggesting Prime Minister Fredrik Reinfeldt's minority government is facing a struggle if it wants to win enough lawmaker support for the country to join.