Euro Zone

Euro Zone coverage from Reuters.

World News11 minutes ago

German Chancellor Angela Merkel greets Chinese Premier Li Keqiang as they attend the ASEM leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

The European Union sought Asian support for free trade, the Iran nuclear deal and fighting global warming at a regional summit on Thursday that included China, Japan and Russia as a counterbalance to a more protectionist United States.

World News26 minutes ago

European Council President Donald Tusk holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

European Union leaders agreed on Thursday to impose sanctions to stiffen their response to cyber attacks and to rush through new curbs on online campaigning by political parties to protect next year's European polls from interference.

Business News28 minutes ago

Valdis Dombrovskis attend a news conference with Greek Finance Minister Euclid Tsakalotos (not pictured) at the Finance ministry in Athens, Greece, June 15, 2018. REUTERS/Costas Baltas

A report on risks to the stability of derivatives markets posed by Brexit could lead to regulatory intervention, European Commission officials said on Thursday, dismissing warnings they could tumble off a cliff edge if Britain leaves the bloc with no deal.

World Newsan hour ago

French President Emmanuel Macron holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Francois Lenoir

French President Emmanuel Macron on Thursday dismissed media reports that France was preparing to impose visas on British travellers in case of a no-deal Brexit.

World Newsan hour ago

Italy's 2019 budget draft is in serious breach of EU budget rules, the European Commission told Rome on Thursday, in a step that prepares the ground for what would be an unprecedented rejection of a member state's fiscal plan.

Brexit2 hours ago

Britain's Prime Minister Theresa May holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville

Prime Minister Theresa May and other EU leaders voiced renewed confidence on Thursday they could secure a Brexit deal, saying they were working hard to overcome the hurdles that only days ago brought the talks to a halt.

World News2 hours ago

French Economy Minister Bruno le Maire arrives at the Elysee Palace for the weekly cabinet meeting in Paris, France October 17, 2018. Francois Mori/Pool via REUTERS

Finance Minister Bruno Le Maire on Thursday left the door open for France to support the European Union negotiator's offer of a one-year extension to Britain's post-Brexit transition period.

World News2 hours ago

There is around a 70 percent chance that Britain and the European Union will reach a Brexit deal at the last minute, credit agency Euler Hermes said on Thursday.

World News2 hours ago

German Deputy Finance Minister Joerg Kukies said on Thursday that Germany was prepared for Britain's departure from the European Union and would tackle the rules for insurers and the financial sector if necessary.

World News2 hours ago

France does not rule out a possible lengthening of Britain's post-Brexit transition period if it helps advance negotiations with London, but any extension would come with conditions, an official in President Emmanuel Macron's office said on Thursday.

World News2 hours ago

Britain's Minister for the Cabinet Office David Lidington arrives in Downing Street, London, Britain October 16, 2018. REUTERS/Hannah McKay/File Photo

Britain's Cabinet Office Minister David Lidington said it was too early to estimate the cost of extending a Brexit transition period after the government indicated it would consider asking for one to break a deadlock in talks with the EU.

World News2 hours ago

Belgium's Prime Minister Charles Michel waves as he arrives at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Piroschka van de Wouw

Belgian Prime Minister Charles Michel said on Thursday that it was for London to make the next move in talks over Britain's withdrawal from the European Union.

World News2 hours ago

Luxembourg's Prime Minister Xavier Bettel speaks to the media at an European Union leaders summit in Brussels, Belgium October 17, 2018. REUTERS/Yves Herman

Talks on Brexit cannot extend beyond March 2019 when Britain will be out of the bloc whether or not a deal on its withdrawal is found by both sides, Luxembourg's Prime Minister Xavier Bettel said on Thursday at a summit of EU leaders.

Business News2 hours ago

FILE PHOTO: European Central Bank (ECB) President Mario Draghi testifies before the European Parliament's Economic and Monetary Affairs Committee in Brussels, Belgium July 9, 2018. REUTERS/Francois Lenoir/File Photo

There is no evidence that undermining the European Union's budget limits on borrowing leads to prosperity, but it is clear that such actions are costly for all in the single currency area, the head of the European Central Bank said on Thursday.

Business News2 hours ago

European Commission President Jean-Claude Juncker holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

Italian Prime Minister Giuseppe Conte presented his country's 2019 draft budget to EU leaders in Brussels on Thursday, but the summit did not discuss it in any detail, the head of the European Commission Jean-Claude Juncker said.

World News2 hours ago

Britain's Prime Minister Theresa May talks with Spain's Prime Minister Pedro Sanchez as they attend the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville

The status of the British overseas territory of Gibraltar, a small isthmus on Spain's southern coast, after Britain leaves the European Union has been agreed with Britain, Spain's prime minister said on Thursday.

Brexit3 hours ago

European Union's chief Brexit negotiator Michel Barnier speaks to the media at an European Union leaders summit in Brussels, Belgium October 17, 2018. REUTERS/Francois Lenoir

Britain's departure from the European Union must be orderly and include an insurance against a hard border on the island of Ireland, the European Union's Brexit negotiator Michel Barnier said on Thursday.

World News3 hours ago

French President Emmanuel Macron holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Francois Lenoir

French President Emmanuel Macron said on Thursday it was now up to British Prime Minister Theresa May to come back with new Brexit proposals that she can defend politically at home.

Brexit3 hours ago

FILE PHOTO: Britain's Prime Minister Theresa May arrives at an European Union leaders summit in Brussels, Belgium October 17, 2018. REUTERS/Toby Melville/File Photo

The European Union and Britain have given themselves a few more weeks to break the deadlock in their Brexit talks but for Brussels the delay seems mainly about Prime Minister Theresa May dealing with critics back in London.

Brexit3 hours ago

Britain's Prime Minister Theresa May holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

British Prime Minister Theresa May said on Thursday that there were still considerable unresolved issues with the European Union relating to a backstop Irish border arrangement, but that Britain had made a new proposal on the subject.

World News11 minutes ago

German Chancellor Angela Merkel greets Chinese Premier Li Keqiang as they attend the ASEM leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

The European Union sought Asian support for free trade, the Iran nuclear deal and fighting global warming at a regional summit on Thursday that included China, Japan and Russia as a counterbalance to a more protectionist United States.

World News26 minutes ago

European Council President Donald Tusk holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

European Union leaders agreed on Thursday to impose sanctions to stiffen their response to cyber attacks and to rush through new curbs on online campaigning by political parties to protect next year's European polls from interference.

Business News28 minutes ago

Valdis Dombrovskis attend a news conference with Greek Finance Minister Euclid Tsakalotos (not pictured) at the Finance ministry in Athens, Greece, June 15, 2018. REUTERS/Costas Baltas

A report on risks to the stability of derivatives markets posed by Brexit could lead to regulatory intervention, European Commission officials said on Thursday, dismissing warnings they could tumble off a cliff edge if Britain leaves the bloc with no deal.

World Newsan hour ago

French President Emmanuel Macron holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Francois Lenoir

French President Emmanuel Macron on Thursday dismissed media reports that France was preparing to impose visas on British travellers in case of a no-deal Brexit.

World Newsan hour ago

Italy's 2019 budget draft is in serious breach of EU budget rules, the European Commission told Rome on Thursday, in a step that prepares the ground for what would be an unprecedented rejection of a member state's fiscal plan.

Brexit2 hours ago

Britain's Prime Minister Theresa May holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville

Prime Minister Theresa May and other EU leaders voiced renewed confidence on Thursday they could secure a Brexit deal, saying they were working hard to overcome the hurdles that only days ago brought the talks to a halt.

World News2 hours ago

French Economy Minister Bruno le Maire arrives at the Elysee Palace for the weekly cabinet meeting in Paris, France October 17, 2018. Francois Mori/Pool via REUTERS

Finance Minister Bruno Le Maire on Thursday left the door open for France to support the European Union negotiator's offer of a one-year extension to Britain's post-Brexit transition period.

World News2 hours ago

There is around a 70 percent chance that Britain and the European Union will reach a Brexit deal at the last minute, credit agency Euler Hermes said on Thursday.

World News2 hours ago

German Deputy Finance Minister Joerg Kukies said on Thursday that Germany was prepared for Britain's departure from the European Union and would tackle the rules for insurers and the financial sector if necessary.

World News2 hours ago

France does not rule out a possible lengthening of Britain's post-Brexit transition period if it helps advance negotiations with London, but any extension would come with conditions, an official in President Emmanuel Macron's office said on Thursday.

World News2 hours ago

Britain's Minister for the Cabinet Office David Lidington arrives in Downing Street, London, Britain October 16, 2018. REUTERS/Hannah McKay/File Photo

Britain's Cabinet Office Minister David Lidington said it was too early to estimate the cost of extending a Brexit transition period after the government indicated it would consider asking for one to break a deadlock in talks with the EU.

World News2 hours ago

Belgium's Prime Minister Charles Michel waves as he arrives at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Piroschka van de Wouw

Belgian Prime Minister Charles Michel said on Thursday that it was for London to make the next move in talks over Britain's withdrawal from the European Union.

World News2 hours ago

Luxembourg's Prime Minister Xavier Bettel speaks to the media at an European Union leaders summit in Brussels, Belgium October 17, 2018. REUTERS/Yves Herman

Talks on Brexit cannot extend beyond March 2019 when Britain will be out of the bloc whether or not a deal on its withdrawal is found by both sides, Luxembourg's Prime Minister Xavier Bettel said on Thursday at a summit of EU leaders.

Business News2 hours ago

FILE PHOTO: European Central Bank (ECB) President Mario Draghi testifies before the European Parliament's Economic and Monetary Affairs Committee in Brussels, Belgium July 9, 2018. REUTERS/Francois Lenoir/File Photo

There is no evidence that undermining the European Union's budget limits on borrowing leads to prosperity, but it is clear that such actions are costly for all in the single currency area, the head of the European Central Bank said on Thursday.

Business News2 hours ago

European Commission President Jean-Claude Juncker holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

Italian Prime Minister Giuseppe Conte presented his country's 2019 draft budget to EU leaders in Brussels on Thursday, but the summit did not discuss it in any detail, the head of the European Commission Jean-Claude Juncker said.

World News2 hours ago

Britain's Prime Minister Theresa May talks with Spain's Prime Minister Pedro Sanchez as they attend the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville

The status of the British overseas territory of Gibraltar, a small isthmus on Spain's southern coast, after Britain leaves the European Union has been agreed with Britain, Spain's prime minister said on Thursday.

Brexit3 hours ago

European Union's chief Brexit negotiator Michel Barnier speaks to the media at an European Union leaders summit in Brussels, Belgium October 17, 2018. REUTERS/Francois Lenoir

Britain's departure from the European Union must be orderly and include an insurance against a hard border on the island of Ireland, the European Union's Brexit negotiator Michel Barnier said on Thursday.

World News3 hours ago

French President Emmanuel Macron holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Francois Lenoir

French President Emmanuel Macron said on Thursday it was now up to British Prime Minister Theresa May to come back with new Brexit proposals that she can defend politically at home.

Brexit3 hours ago

FILE PHOTO: Britain's Prime Minister Theresa May arrives at an European Union leaders summit in Brussels, Belgium October 17, 2018. REUTERS/Toby Melville/File Photo

The European Union and Britain have given themselves a few more weeks to break the deadlock in their Brexit talks but for Brussels the delay seems mainly about Prime Minister Theresa May dealing with critics back in London.

Brexit3 hours ago

Britain's Prime Minister Theresa May holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Yves Herman

British Prime Minister Theresa May said on Thursday that there were still considerable unresolved issues with the European Union relating to a backstop Irish border arrangement, but that Britain had made a new proposal on the subject.

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