Euro Zone

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Euro zone inflation slows in September, weakens euro versus dollar

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BRUSSELS - Euro zone inflation slowed again in September as some food and energy prices fell, a first estimate showed, reinforcing expectations the ECB will ease policy further and sending the euro to a two-year low. | Video

Stocks head for worst quarter since euro crisis, dollar soars

LONDON - A new trough in euro zone inflation pushed the euro to a two-year low on Tuesday, leaving the dollar on course for its biggest quarterly gain in six years and world stocks facing their largest drop since the peak of the euro crisis.

30 Sep 2014

Weak euro zone lending data underscores need for ECB stimulus

FRANKFURT - Lending to euro zone households and companies contracted for the 28th month in a row in August, though at a slower pace, putting a keener spotlight on European Central Bank efforts to get credit flowing again. | Video

25 Sep 2014

ECB's plans to revive bank lending leave economists unconvinced: Reuters poll

- Bank lending to private euro zone businesses needs to grow at a 3 percent annual rate on a sustained basis in order to stir inflation, according a Reuters poll of economists who say that is not likely to happen.

24 Sep 2014

Former German top judge says ECB could face more legal challenges

FRANKFURT - The European Central Bank could face more legal challenges over the policy tools it has deployed to shore up confidence and boost growth in the euro zone, Udo di Fabio, a former judge of Germany's Constitutional Court, said on Wednesday.

24 Sep 2014

ECB to keep loose policy 'for long time': Draghi

PARIS - The European Central Bank will keep monetary policy loose for as long as it takes to push ultra-low inflation in the euro zone back up closer to the two percent level, its president Mario Draghi said on Wednesday.

24 Sep 2014

Euro zone growth slows as Chinese factories trundle on

LONDON/BEIJING - Euro zone business growth dipped to a 2014 low in September as firms again cut prices, while factory activity in China picked up only slightly, surveys showed, keeping the spotlight on policymakers' plans for economic stimulus. | Video

23 Sep 2014

Euro zone business growth slows in September as prices keep sliding: PMI

LONDON - Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row, a survey showed on Tuesday.

23 Sep 2014

U.S. Treasury's Lew calls for euro zone, Japan to do more on growth

CAIRNS Australia - U.S. Treasury Secretary Jack Lew on Friday called on the euro zone and Japan to do more to spur growth as the global economy continues to disappoint, highlighting what is sure to be a bone of contention as Group of 20 ministers gather in Australia.

19 Sep 2014

U.S. Treasury's Lew says growth lagging in euro zone, Japan

CAIRNS Australia - U.S. Treasury Secretary Jack Lew on Friday called on the euro zone and Japan to do more to spur growth as the global economy continues to disappoint, highlighting what is sure to be a bone of contention as Group of 20 ministers meet in Australia.

19 Sep 2014

Indebted to America, Kosovo struggles to curb Islamist recruits

KACANIK Kosovo - Born in Germany, Blerim Heta moved to his parents' native Kosovo as a 10-year-old boy in the wake of a NATO air war in 1999 to save the territory's ethnic Albanians from Serbian repression.

French state fund sells 1.9 percent Orange stake

BANGALORE/PARIS - French state-owned fund Bpifrance said on Tuesday it was trimming its stake in telecom group Orange by 1.9 percent of the total capital to finance new investments.

EU must put up resources for Mediterranean rescues: Amnesty

BRUSSELS - European Union countries must cough up "considerable" resources for migrant rescues in the Mediterranean Sea before Italy can discontinue its own mission, or else many lives will be lost, human rights group Amnesty International said on Tuesday.

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