A euro-area services and factory output gauge increased more than economists forecast in May, adding to signs the currency bloc is starting to emerge from its record-long recession.

Yen rises versus dollar, euro as Nikkei tumbles. * Worries Fed may taper QE, weak China PMI hit stocks. * Euro helped somewhat by PMI data, still vulnerable.

Earlier today, European Central Bank commissioner Ewald Nowotny warned that the euro zone recession in 2013 could be even worse than the -0.1% growth expected.

Three months later, the German defense ministry's undersecretary of state didn't sound as convinced when questioned in Germany's parliament.

In the grip of its longest recession and battling problems from soaring youth unemployment to bank credit stagnation, the eurozone has more than enough to worry about as it is.

The euro lies at the root of Europe�s record unemployment rate and countries such as Spain and Greece should quit the common currency to return to economic health, said the head of Germany�s fledgling anti-euro party. Southern European countries can�t ...

Amid the �risk off� trading early in Thursday's session, it was notable the euro rose relative to the US dollar. How times change.

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My teams treat the ball as the priority, with mobility, blending South American football with European. My philosophy is based on having players with a good technical ability, efficient and creative.