Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets already alarmed by Spain's deteriorating finances.
French banks, which are among the lenders most exposed to Greece, have stepped up their efforts on contingency plans for the debt-laden country leaving the euro zone, sources familiar with the situation
The euro zone needs to push ahead with its financial sector reform plans and create a centrally managed and funded body to handle troubled banks, a European Central Bank policymaker said on
A Chinese trade complaint launched on Friday against U.S. countervailing duties on Chinese products relates to 22 products and affects Chinese exports to the United States worth $7.3 billion collectively, China's mission
The euro wallowed near two-year lows early on Friday while European shares edged up, as uncertainty over the fate of Greece coupled with this week's disappointing euro-zone and Chinese economic data curbed
The U.S. dollar climbed to a 20-month high and safe-haven German bonds set record low yields, after data showed Europe's economic woes intensifying as business confidence is undercut by talk of a
A power struggle between Germany, France and Spain is set to leave a seat vacant on the European Central Bank's six-member board in the middle of a potentially devastating crisis for the
The euro hovered above a 22-month low and European shares saw a fragile recovery, as investors braced for data that could reveal the damage wrought on the region's economy by prospects of
Egypt resumed its first free presidential election on Thursday after a first day of voting that passed off mostly calmly, apart from a stone-throwing attack on candidate Ahmed Shafiq, who was premier
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the
