Under the German-engineered strategy to escape the euro crisis, struggling southern European members must continue to cut public spending, lower wages and grind down prices until they're competitive again.

Would the new helicopter drop money be kept in periphery banks and lent out to stimulate business investment? Or does the new money flee say Portugal because Portuguese banks are not safe enough, Portuguese loans are not lucrative and safe enough, ...

The dollar traded near the strongest in more than six weeks against the euro amid bets the Federal Reserve will slow asset purchases on signs the world's biggest economy is accelerating.

LONDON - France played a decisive role in shaping not only the euro system but the entire European project. This history has predisposed French leaders to the goal of preserving the euro at all costs. Those costs, as we explained in Part 1 of this ...

�An upward valuation of the D-mark and an accompanying devaluation of the euro would result in a massive debt forgiveness of all other euro-countries - with the costs of that picked up by Germany. This could lead to a currency war and the end of ...

BERLIN (Reuters) - Germans lamented their unexpectedly poor showing at the Eurovision Song Contest, blaming Chancellor Angela Merkel's tough stance in the euro zone crisis for their failure to win any points from 34 of the 39 countries voting. Denmark ...

"The risk that euro will break apart or that individual members are headed for bankruptcy was substantially higher a year ago," he said.

Describing the party's stance on leaving the euro, Plan B founder Alekos Alavanos said: �The experience that we have from all the international recession crises is that no country has managed to come out of recession with an 'expensive' currency that's ...

BoE governor King warns of euro risk to British recovery. Published May 19, 2013. Reuters. 2013-05-19T092839Z_1_CBRE94I0QBU00_3_BRITAIN.

American Uihlein wins Euro Tour's Madeira Islands Open. CBSSports.com wire reports. May 19, 2013 1:32 PM ET. SANTO ANTONIO DA SERRA, Portugal -- American Peter Uihlein won the Madeira Islands Open by two strokes after shooting a 4-under 68 on ...