Euro zone debt crisis not over despite calmer financial markets: OECD

BRUSSELS: The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and fiscal targets are far from assured.

Euro-Area Ministers to Decide This Week on Future of Firewall

Euro-area finance ministers will meet in Copenhagen on March 30 to weigh whether to expand the 17-nation region’s financial crisis firewall. At stake is the future of the region’s two rescue funds, the temporary European Financial Stability Facility and its permanent successor, the European Stability Mechanism.

Euro zone to bolster firewall; Spain concerns grow

BRUSSELS: Euro zone finance ministers are ready to sign off on an increase in the region's financial firewall this week, with concerns about Spain's fiscal position banishing any complacency that the currency bloc's debt crisis is a thing of the past.

Republic of Ireland falls back into recession

The Republic of Ireland fell back into recession in the last three months of 2011, official figures have shown.

Geithner Says Euro Crisis Economies Have Made Progress

WASHINGTON -- Treasury Secretary Timothy Geithner Monday said Europe's financial crisis has already caused significant damage to the U.S. recovery, and urged the continent's leaders to take further steps to shore up their economies.