The euro, U.S. stocks and crude oil rose on Thursday after an Italian debt auction went better than feared and news from Europe eased concerns over a potential euro zone break-up. European
German Chancellor Angela Merkel rejected on Thursday the idea that her government might favour a smaller euro zone, saying her only goal since the beginning of the debt crisis has been to
Gas exporters meeting in Qatar next week are unlikely to come up with a plan to protect against a looming euro zone led demand drop which threatens to reverse any improvement in
Germany Chancellor Angela Merkel said on Thursday that stabilising the euro zone in its current form was the top priority for her government. "We only have one goal, that is to bring
Former European Central Bank vice-president Lucas Papademos will head Greece's new crisis coalition, the president's office said on Thursday, and will have to scramble to save the country from default and an
Italy represents a clear and present danger to the euro zone, British Prime Minister David Cameron said on Thursday. "What is happening in Italy is a warning to any country, any government,
– Euro zone growth seen at 0.5 pct in 2012 – Greek debt/GDP ratio seen at 198.3 pct in 2012 – Belgian debt/GDP seen rising above 100 pct in 2013 Euro zone
The head of the International Monetary Fund called on Thursday for political clarity in efforts to tackle the debt crisis that has gripped Italy, saying uncertainty around who would succeed Prime Minister
Asian stocks fell around 3% on Thursday after soaring Italian borrowing costs stoked fears that the debt crisis in the euro zone's third biggest economy will overwhelm its financial defences, raising the
The U.S. military has handed over to the Iraqi government its 2nd largest Iraq base, a joint army and air force complex that housed some 36,000 American troops and contractors at the
