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German Chancellor Angela Merkel. ©REUTERS/Tobias Schwarz
French ministers warn against picking fight with Germany

Senior French ministers warned Monday against picking a fight with Germany after the ruling Socialists accused Chancellor Angela Merkel of being "selfish" in her drive for eurozone austerity.

French ministers warn against picking fight with Germany
Euro ministers in bid to finalise Cyprus bailout

Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.

Euro ministers in bid to finalise Cyprus bailout
Photo courtesy of graduateinstitute.ch
Asian economies to rebound but recovery fragile: ADB

The Asian Development Bank said Tuesday the region's emerging economies would pick up this year but warned that the recovery remained fragile due to the eurozone crisis and tensions in Asia.

Asian economies to rebound but recovery fragile: ADB
Italy government talks end with no solution in sight

Italy remained in political limbo on Friday after talks to break a deadlock created by inconclusive polls ended with no solution in sight.

Italy government talks end with no solution in sight
Poland's Finance Minister Jacek Rostowski. ©REUTERS/Peter Andrews
Poles will have to okay eurozone entry: minister

Poles will have to okay eurozone entry in a referendum, a senior minister said Wednesday, echoing the prime minister's recent endorsement of a public vote on joining the unpopular currency union.

Poles will have to okay eurozone entry: minister
Draconian controls as Cyprus banks set to reopen

Cypriots will finally get access to their bank accounts later on Thursday after a nearly two-week lockdown, but under tight restrictions unprecedented in the eurozone.

Draconian controls as Cyprus banks set to reopen
Cyprus banks to stay shut as world markets take fright

Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island's 10-billion-euro bailout deal with international creditors.

Cyprus banks to stay shut as world markets take fright
Russians threaten to quit Cyprus over bailout levy

Angry Russian residents of Cyprus are talking of giving up on the Mediterranean island over a eurozone bailout deal which they say unfairly targets their money.

Russians threaten to quit Cyprus over bailout levy
Eurozone still ready to help Cyprus after vote

Cypriot President Nicos Anastasiades' office said he "fully respects" the decision and that he had had a "constructive" phone call with Russian leader Vladimir Putin, amid reports Cyprus was seeking alternative financing.

Eurozone still ready to help Cyprus after vote
Eurozone says ditch Cyprus tax grab on smallest accounts

The eurozone has told debt-hit Cyprus to revise a controversial levy on bank deposits to allow small savers to escape the tax, part of a larger bailout deal, amid a public outcry and fears of a bank run.

Eurozone says ditch Cyprus tax grab on smallest accounts
Cyprus president in desperate bid to prevent run on banks

Cypriot President Nicos Anastasiades will on Monday attempt to persuade lawmakers to back an EU bailout deal that slaps a levy on bank savings, amid fears of a run on accounts if he fails.

Cyprus president in desperate bid to prevent run on banks
Eurogroup approves Ireland, Portugal debt extension

Eurozone finance ministers approved early Saturday plans to give bailed-out Ireland and Portugal more time to pay back some of their massive rescue loans.

Eurogroup approves Ireland, Portugal debt extension
Data confirms recession in weakest eurozone economies

Data published on Monday confirmed recession in the eurozone's weakest economies last year, breathing new life into a heated debate on whether aggressive austerity measures may come at the cost of economic growth.

Data confirms recession in weakest eurozone economies
©REUTERS/Regis Duvignau
Economic gloom overshadows euro finance ministers meeting

Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.

Economic gloom overshadows euro finance ministers meeting
Irish lawmakers vote to liquidate Anglo Irish Bank

Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden.

Irish lawmakers vote to liquidate Anglo Irish Bank
Relaxing bank liquidity rules sparks hope for euro lending boost

The loosening of liquidity rules due to come into effect on banks raises hopes among some analysts to a recovery of lending the eurozone.

Relaxing bank liquidity rules sparks hope for euro lending boost
Spain faces 207-bn-euro headache in 2013

Spain defied the markets by averting a sovereign bailout this year but high interest rates could yet force Madrid to its knees as the nation confronts a 207-billion-euro ($274 billion) financing headache in 2013.

Spain faces 207-bn-euro headache in 2013
Merkel steels Germans for 'more difficult' 2013

Chancellor Angela Merkel warned Germans that the economy, Europe's biggest, would experience a harder time next year than in 2012 and cautioned too that the eurozone debt crisis was far from over.

Merkel steels Germans for 'more difficult' 2013
EU on verge of bridging pre-summit gulf on banks watchdog

European governments argued through the night in a bid to agree a deal on tightening the oversight of eurozone bank, hours before leaders stage on Thursday their final summit of a gruelling third year in debt-crisis mode.

EU on verge of bridging pre-summit gulf on banks watchdog
EU seals deal on banks watchdog, ahead of end-of-year summit

The European Union agreed early Thursday to create a bank supervisor to oversee lenders across the eurozone, following marathon talks which ended hours before the year's final EU summit.

EU seals deal on banks watchdog, ahead of end-of-year summit