Last July Mario Draghi, president of the European Central Bank, spoke of the ECB's intent to do "whatever it takes" to hold the euro area together. In the months after his comment, the ECB unveiled its Outright Monetary Transactions programme, in which ...

Spain's reign of trophy plundering terror continued by beating Italy in the European U-21 Championship final to defend their title.

NEW DELHI: French telecom firm Alcatel Lucent today announced a transition plan under which it aims to generate revenues of over 7 billion euros by 2015 from its core networking business. "Under The Shift Plan, Alcatel-Lucent is planning to grow its ...

BERLIN (Reuters) - Germany has agreed the financing of an 8-billion euro fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday.

BRUSSELS, June 19 (Reuters) - The euro zone does not intend to change the terms of Cyprus's bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to euro zone leaders and its lenders, three senior euro zone officials said on ...

BRUSSELS (AFP) - A billion euros of EU aid channelled to Egypt before and after the January 2011 uprising that ended Hosni Mubarak's reign failed to improve human rights and governance, or reduce corruption, auditors said Tuesday.

The euro is emerging as an unlikely oasis in the latest bout of market turmoil. Assets ranging from Japanese stocks to emerging-market bonds to U.S.

And in its Spring 2013 forecast for the euro zone, the European Commission concluded that the crisis would have no impact on longer-term growth dynamics even though it had resulted in a permanent loss of output of about 5 percent.

The Hammers had already agreed a club-record 18m euro fee with Liverpool, which will be supplemented by a potential 2.3m euros of add-ons. West Ham only has to tie up the formalities of the deal before announcing the signing of a player that manager ...

Business activity data for the euro zone is set to show a slight uptick on Thursday which could give the single currency a temporary boost, but analysts are unanimous in their thinking that the single currency is set for a much larger fall over the ...