Greece, EU/IMF lenders to resume inspection after stress tests

(Reuters) - Greece's EU and IMF lenders are leaving Athens after the first round of talks on a crucial bailout review and will return after the results of European bank stress tests are announced, Greek officials said on Tuesday.

ECB's readiness to act again doesn't mean it should do so now: Weidmann

(Reuters) - The European Central Bank has moved toward a "quantitative easing philosophy" but should not automatically use its remaining policy tools right away, Governing Council member Jens Weidmann said.

Bank of England proposes savings protection limit of £1m

Savings of up to £1m in collapsed banks are to be protected under new proposals from the Bank of England intended to avoid a Northern Rock-style run on a financial institution.

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.

German Bonds Advance a Third Week as Euro-Area Inflation Slows

German 10-year bonds climbed for a third week as a report showed inflation slowed to a five-year low in the euro area, boosting bets the European Central Bank will take more steps to revive the region’s economy.