European policy makers have rushed to the aid of their lifeless economy, cutting interest rates and promising that more help is on the way. Too bad th...

Policymakers' decisive actions since our last report in October have increased global financial stability by reducing acute risks. In the euro area,...

* Cyprus poses a systemic risk the euro zone -Eurogroup president * Euro zone bailout still on the table, Jeroen Dijsselbloem says ...

NICOSIA, Cyprus -- Banks in Cyprus will not open before Tuesday at the earliest as government officials try to find a new plan to stave off financial ...

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

* Euro zone inflation rate falls to 1.8 percent in February * Unemployment hits new high of 11.9 percent in January By E...

BRUSSELS (Reuters) - Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing wh...

The euro crisis combines, in our view, a sovereign debt crisis and a banking crisis, with mutually adverse feedback between the two. But design flaws in the system magnified their impact and feedback.

By Luke Baker BRUSSELS, Oct 7 (Reuters) - Debate about the idea of creating a separate budget for euro zone countries is intensifying...

Surprise! The Federal Reserve did something pretty much no one thought they would do: they announced dramatic additions to monetary accommodation less than two months before the elections.

Probably the most convincing evidence that Quantitative Easing works is the revival of housing sector. Economists agree that the collapse of housing values is a major deterrent to consumer spending. Housing could finally begin to recover this year.

The European debt crisis is back with a vengeance. Spanish borrowing costs soared for a third straight day on Monday, reaching dangerous levels, as...

Emerging economies are facing a twin challenge: dealing with the impact from advanced economies' troubles, while confronting increasing home-grown vulnerabilities.

The continual gatherings of heads of state, such as the one just concluded in Rome of Germany, France, Greece and Italy, reassure us that the euro will be saved. But the means to do so seem to be as elusive as ever.

Hello, American reader. We know there are things in this world you care very deeply about: The NBA finals, the "True Blood" premiere, Apple's shiny ne...

While European soccer players were expertly kicking the ball down the field this weekend in the Euro 2012 tournament, European finance ministers were ...

The president of Estonia chewed out Paul Krugman on Wednesday, using Twitter to call the Nobel Prize-winning economist "smug, overbearing & patronizin...

BERLIN (AP) — German Chancellor Angela Merkel said Monday that she is open to establishing a European banking authority as a long-term solution to t...

* Germany wants big leap forward in euro integration * Spanish PM backs central budget authority for bloc * EU summit co...

* HFSF disburses 18 bln euros of EFSF bonds * NBG, Eurobank, Alpha, Piraeus to regain access to ECB funding By Lefteris...

By Chris Vellacott and George Georgiopoulos LONDON/ATHENS, May 28 (Reuters) - After Greece's inconclusive elections on May 6 led to po...

* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank deposit...

Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their brea...

* Euro zone GDP stable at 0.0 pct change in Q1 from Q4 2011 * Germany surprises with 0.5 percent growth in Q1 * French g...