Euro Zone

Euro Zone coverage from Reuters.

World Newsin 21 hours

FILE PHOTO: European Union's chief Brexit negotiator Michel Barnier attends an EU's General Affairs Council in Brussels, Belgium, May 14, 2018. REUTERS/Francois Lenoir/File Photo

The EU's Brexit negotiator urged the British government on Saturday to stop playing "hide and seek" over its aims for trade ties and warned that delays in agreeing on judicial oversight risk wrecking any Brexit deal.

Commentaryin 2 days

5-Star Movement supporters protest in front of Montecitorio government palace in Rome, October 11, 2017. REUTERS/Alessandro Bianchi

In 1972, a time of great stress in the White House and in the Italian economy, President Richard Nixon asked to reflect on the fate of Italy’s currency, famously snapped: “I don’t give a shit about the lira!” His line, recorded amid his Watergate travails, points to Italy being of peripheral concern to the world’s great ones.

Sports Newsin 2 days

FILE PHOTO: The Musketeers' Trophy and the Suzanne Lenglen trophy are pictured during the draw ceremony for the French Open tennis tournament at the Roland Garros stadium in Paris, France, May 20, 2016. Picture taken May 20, 2016.  REUTERS/Benoit Tessier

The French Open will this month serve up the largest prize money pot in Grand Slam tennis so far this year, taking advantage of Brexit's hit on Wimbledon's purse as it shakes off its old reputation as the poorer cousin of the big four tournaments.

Business Newsin 2 days

The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

Search engines like Google <GOOGL.O> and Microsoft's Bing <MSFT.O> could be made to pay for showing snippets of news articles under draft copyright rules endorsed by European Union ambassadors on Friday.

World Newsin 2 days

FILE PHOTO: Spain's Prime Minister Mariano Rajoy arrives to attend a 2018 budget plenary session at Parliament in Madrid, Spain, May 23, 2018. Picture taken May 23, 2018.  REUTERS/Paul Hanna

Borrowing costs in southern Europe shot up on Friday and stock markets in Milan and Madrid fell as threatened no-confidence motions against Spain's prime minister exacerbated a sell-off provoked by growing political risk in Italy.

Business Newsin 2 days

FILE PHOTO: European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai Pfaffenbach/File Photo

European Union finance ministers reached an agreement on Friday on reforming bank capital rules, a major step towards boosting the bloc's financial stability and a stepping stone towards a deal on a backstop for its bank-rescue fund in June.

Brexitin 2 days

FILE PHOTO: The Union Flag and a European Union flag fly near the Elizabeth Tower, housing the Big Ben bell, during the anti-Brexit 'People's March for Europe', in Parliament Square in central London, Britain September 9, 2017.   REUTERS/Tolga Akmen

Norway hopes to open bilateral trade talks with Britain before London's transition period to leave the European Union ends in 2020, as Brussels seems willing to show some flexibility on the question, the Norwegian foreign minister said on Friday.

World Newsin 2 days

Britain's Chancellor of the Exchequer Philip Hammond attends a meeting of regional leaders of the financial and professional services in Halifax, Britain, May 17, 2018. REUTERS/Craig Brough/File Photo

Britain would develop its own separate satellite navigation system if it lost access to the Galileo project, the European Union's version of GPS, Britain's finance minister said on Friday.

Brexitin 2 days

FILE PHOTO: General view of the skyline of La Defense business district behind Paris landmark the Arc de Triomphe and the Champs Elysees Avenue, France, January 13, 2016.  REUTERS/Charles Platiau/File Photo

Paris is set to become a European financial markets hub as international banks look to the French capital to base some activities after Britain's departure from the European union, the head of France's central bank said on Friday.

Business Newsin 2 days

Proposed tougher European rules for foreign clearing houses may still leave EU regulators short of the power they need to protect Europe's financial sector after Britain leaves the bloc, a board member of Germany's central bank warned.

Business Newsin 2 days

FILE PHOTO: French Minister for the Economy and Finance Bruno Le Maire arrives for the Informal meeting of economic and financial affairs ministers (ECOFIN) in Sofia, Bulgaria, April 27, 2018. REUTERS/Stoyan Nenov/File Photo

France and Germany are working to define a common roadmap on the future of the euro zone and its banking reforms to be presented at the meeting of European Union leaders in June, the French Finance Minister said on Friday.

Business Newsin 2 days

FILE PHOTO: Presentation of a new 2 Euro commemorative coin of former German Chancellor Helmut Schmidt in Berlin, Germany, February 2, 2018. REUTERS/Christian Mang

Italy's bond yield spread over its German equivalent stretched to its widest for nearly a year on Friday and the spread over Spain hit crisis-era levels on fears over the spending policies and eurosceptic outlook of the incoming Italian government.

Business Newsin 2 days

European Union finance ministers agreed on Friday to remove the Caribbean island countries of the Bahamas and Saint Kitts and Nevis from an EU list of tax havens.

Big Story 10in 2 days

Greek electricity utility Public Power Corp (PPC) will invite investors to submit expressions of interest for the sale of two coal-fired units next week.

Brexitin 2 days

Anti-Brexit demonstrators wave EU and Union flags outside the Houses of Parliament in London, Britain, January 30, 2018. REUTERS/Toby Melville

Britain's post-Brexit adaptation will run through 2020, as planned, a British government spokeswoman said on Thursday as the EU dismissed London's ideas for a longer status quo on customs and trade in a fight over the Irish border.

Brexitin 3 days

FILE PHOTO: A Britain's and some European flags are hung outside the EU Commission headquarters in Brussels, Belgium December 4, 2017.  REUTERS/Yves Herman/File photo

European Union negotiators dismiss as "fantasy" some main British demands for Brexit, including on the sensitive issue of the Northern Ireland border, a senior EU official said on Thursday.

Business Newsin 3 days

Euro coins are seen in front of a displayed Greece flag in this picture illustration, June 29, 2015. REUTERS/Dado Ruvic/File Photo

Euro zone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday.

Brexitin 3 days

FILE PHOTO: The Russian Soyuz VS01 rocket, carrying the first two satellites of Europe's Galileo navigation system, blasts off from its launchpad at the Guiana Space Center in Sinnamary, French Guiana, October 21, 2011. REUTERS/Benoit Tessier/File Photo

Britain told the European Union on Thursday it will demand the repayment of up to 1 billion pounds if the bloc restricts its access to the Galileo satellite navigation system, Europe's version of GPS.

World Newsin 3 days

Italy's newly appointed Prime Minister Giuseppe Conte speaks to the media at the end of a round of consultations with political parties at the Lower House in Rome, Italy, May 24, 2018. REUTERS/Tony Gentile

Italy's partners in the euro lined up in Brussels on Thursday to urge the new government in Rome to stick to EU budget rules or risk following Greece into financial calamity that would hurt the whole of Europe.

Business Newsin 3 days

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, March 12, 2018. REUTERS/Yves Herman/File Photo

European Union finance ministers are likely to agree on Friday to new banking capital rules in a major step toward enhancing EU financial stability, but the deal could be delayed because Italy's political crisis, EU officials said.

World Newsin 21 hours

FILE PHOTO: European Union's chief Brexit negotiator Michel Barnier attends an EU's General Affairs Council in Brussels, Belgium, May 14, 2018. REUTERS/Francois Lenoir/File Photo

The EU's Brexit negotiator urged the British government on Saturday to stop playing "hide and seek" over its aims for trade ties and warned that delays in agreeing on judicial oversight risk wrecking any Brexit deal.

Commentaryin 2 days

5-Star Movement supporters protest in front of Montecitorio government palace in Rome, October 11, 2017. REUTERS/Alessandro Bianchi

In 1972, a time of great stress in the White House and in the Italian economy, President Richard Nixon asked to reflect on the fate of Italy’s currency, famously snapped: “I don’t give a shit about the lira!” His line, recorded amid his Watergate travails, points to Italy being of peripheral concern to the world’s great ones.

Sports Newsin 2 days

FILE PHOTO: The Musketeers' Trophy and the Suzanne Lenglen trophy are pictured during the draw ceremony for the French Open tennis tournament at the Roland Garros stadium in Paris, France, May 20, 2016. Picture taken May 20, 2016.  REUTERS/Benoit Tessier

The French Open will this month serve up the largest prize money pot in Grand Slam tennis so far this year, taking advantage of Brexit's hit on Wimbledon's purse as it shakes off its old reputation as the poorer cousin of the big four tournaments.

Business Newsin 2 days

The logo of Google is pictured during the Viva Tech start-up and technology summit in Paris, France, May 25, 2018. REUTERS/Charles Platiau

Search engines like Google <GOOGL.O> and Microsoft's Bing <MSFT.O> could be made to pay for showing snippets of news articles under draft copyright rules endorsed by European Union ambassadors on Friday.

World Newsin 2 days

FILE PHOTO: Spain's Prime Minister Mariano Rajoy arrives to attend a 2018 budget plenary session at Parliament in Madrid, Spain, May 23, 2018. Picture taken May 23, 2018.  REUTERS/Paul Hanna

Borrowing costs in southern Europe shot up on Friday and stock markets in Milan and Madrid fell as threatened no-confidence motions against Spain's prime minister exacerbated a sell-off provoked by growing political risk in Italy.

Business Newsin 2 days

FILE PHOTO: European Union flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany, April 26, 2018. REUTERS/Kai Pfaffenbach/File Photo

European Union finance ministers reached an agreement on Friday on reforming bank capital rules, a major step towards boosting the bloc's financial stability and a stepping stone towards a deal on a backstop for its bank-rescue fund in June.

Brexitin 2 days

FILE PHOTO: The Union Flag and a European Union flag fly near the Elizabeth Tower, housing the Big Ben bell, during the anti-Brexit 'People's March for Europe', in Parliament Square in central London, Britain September 9, 2017.   REUTERS/Tolga Akmen

Norway hopes to open bilateral trade talks with Britain before London's transition period to leave the European Union ends in 2020, as Brussels seems willing to show some flexibility on the question, the Norwegian foreign minister said on Friday.

World Newsin 2 days

Britain's Chancellor of the Exchequer Philip Hammond attends a meeting of regional leaders of the financial and professional services in Halifax, Britain, May 17, 2018. REUTERS/Craig Brough/File Photo

Britain would develop its own separate satellite navigation system if it lost access to the Galileo project, the European Union's version of GPS, Britain's finance minister said on Friday.

Brexitin 2 days

FILE PHOTO: General view of the skyline of La Defense business district behind Paris landmark the Arc de Triomphe and the Champs Elysees Avenue, France, January 13, 2016.  REUTERS/Charles Platiau/File Photo

Paris is set to become a European financial markets hub as international banks look to the French capital to base some activities after Britain's departure from the European union, the head of France's central bank said on Friday.

Business Newsin 2 days

Proposed tougher European rules for foreign clearing houses may still leave EU regulators short of the power they need to protect Europe's financial sector after Britain leaves the bloc, a board member of Germany's central bank warned.

Business Newsin 2 days

FILE PHOTO: French Minister for the Economy and Finance Bruno Le Maire arrives for the Informal meeting of economic and financial affairs ministers (ECOFIN) in Sofia, Bulgaria, April 27, 2018. REUTERS/Stoyan Nenov/File Photo

France and Germany are working to define a common roadmap on the future of the euro zone and its banking reforms to be presented at the meeting of European Union leaders in June, the French Finance Minister said on Friday.

Business Newsin 2 days

FILE PHOTO: Presentation of a new 2 Euro commemorative coin of former German Chancellor Helmut Schmidt in Berlin, Germany, February 2, 2018. REUTERS/Christian Mang

Italy's bond yield spread over its German equivalent stretched to its widest for nearly a year on Friday and the spread over Spain hit crisis-era levels on fears over the spending policies and eurosceptic outlook of the incoming Italian government.

Business Newsin 2 days

European Union finance ministers agreed on Friday to remove the Caribbean island countries of the Bahamas and Saint Kitts and Nevis from an EU list of tax havens.

Big Story 10in 2 days

Greek electricity utility Public Power Corp (PPC) will invite investors to submit expressions of interest for the sale of two coal-fired units next week.

Brexitin 2 days

Anti-Brexit demonstrators wave EU and Union flags outside the Houses of Parliament in London, Britain, January 30, 2018. REUTERS/Toby Melville

Britain's post-Brexit adaptation will run through 2020, as planned, a British government spokeswoman said on Thursday as the EU dismissed London's ideas for a longer status quo on customs and trade in a fight over the Irish border.

Brexitin 3 days

FILE PHOTO: A Britain's and some European flags are hung outside the EU Commission headquarters in Brussels, Belgium December 4, 2017.  REUTERS/Yves Herman/File photo

European Union negotiators dismiss as "fantasy" some main British demands for Brexit, including on the sensitive issue of the Northern Ireland border, a senior EU official said on Thursday.

Business Newsin 3 days

Euro coins are seen in front of a displayed Greece flag in this picture illustration, June 29, 2015. REUTERS/Dado Ruvic/File Photo

Euro zone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday.

Brexitin 3 days

FILE PHOTO: The Russian Soyuz VS01 rocket, carrying the first two satellites of Europe's Galileo navigation system, blasts off from its launchpad at the Guiana Space Center in Sinnamary, French Guiana, October 21, 2011. REUTERS/Benoit Tessier/File Photo

Britain told the European Union on Thursday it will demand the repayment of up to 1 billion pounds if the bloc restricts its access to the Galileo satellite navigation system, Europe's version of GPS.

World Newsin 3 days

Italy's newly appointed Prime Minister Giuseppe Conte speaks to the media at the end of a round of consultations with political parties at the Lower House in Rome, Italy, May 24, 2018. REUTERS/Tony Gentile

Italy's partners in the euro lined up in Brussels on Thursday to urge the new government in Rome to stick to EU budget rules or risk following Greece into financial calamity that would hurt the whole of Europe.

Business Newsin 3 days

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, March 12, 2018. REUTERS/Yves Herman/File Photo

European Union finance ministers are likely to agree on Friday to new banking capital rules in a major step toward enhancing EU financial stability, but the deal could be delayed because Italy's political crisis, EU officials said.

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