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.

French official industrial output slumps 2.2% in 2012

PARIS: French industrial production fell by 2.2 percent in 2012 from the level of output in 2011, the national statistics institute INSEE told AFP on Monday.

ECB's Visco says markets watching Italy closely

ROME (Reuters) - Financial markets remain keenly focused on Italy's ability to control its public finances and pursue reforms to lift its stagnant economy, European Central Bank governing council member Ignazio Visco said on Saturday.

Germany's trade surplus rises to second highest level since 1950

Germany's trade surplus has risen to its second highest level in more than 60 years after an unexpected drop in imports in December.

U.K. Property Prices Increased in January, Acadametrics Says

U.K. house prices rose in January as strains in the mortgage market eased and funding costs fell, Acadametrics Ltd. said.