Lloyds Banking Group may need to increase the funds it has set aside to compensate Britons sold unwanted insurance policies by more than 2 billion pounds ($3.2 billion), according to some analysts.
Cyprus wants the euro zone's ESM bailout fund to be able to recapitalise its banks directly, it said on Friday. Finance Minister Vassos Shiarly told reporters Cyprus wanted to be able to
Debt-laden Greece expects to get the bailout money it needs before its cash runs out in the middle of next month, the prime minister said on Friday. Speaking to reporters at a
German Chancellor Angela Merkel raised new hurdles on Friday to using the euro zone's rescue fund to inject capital directly into ailing banks from next year, dashing Spain's hopes of soon removing
* Piraeus in final deal for SocGen’s Geniki * French banks Credit Agricole and Societe Generale have collectively spent billions of euros sealing their exit from debt-ravaged Greece, injecting capital and sweetening
The sole member of anti-Kremlin punk group Pussy Riot freed on appeal has taken her case to the European Court of Human Rights, her lawyer said on Friday, accusing Russia of violating
Former Italian Prime Minister Silvio Berlusconi, on trial for allegedly having sex with an underaged prostitute, on Friday denied there had ever been sex games at parties in his villa. "I can
Britain is prepared to block any European Union budget deal that it deems unacceptable and against its national interests, Prime Minister David Cameron said on Friday ahead of budget negotiations next month.
EU leaders said on Friday the crisis in Mali, where Islamists have seized control of much of the north of the country, was an "immediate threat" to Europe, and threatened to impose
At least two people were killed and 15 wounded in a roadside bomb that exploded in central Beirut on Friday, a security source said. A Reuters witness saw at least one body
