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.

NEW YORK, May 22 (Reuters) - The dollar fell against the euro for a third day on Wednesday as investors trimmed their bets on the currency before testimony from the U.S.

The empirical results also show that aggregate demand in the euro area countries is significantly affected both by the short-term real interest rate and the effective real exchange rate.

The Yankees are open to the idea of going nine innings across the pond at Man City's home stadium, team president Randy Levine told the London Telegraph.

Petroleo Brasileiro (PBR, PETR4.BR) could sell a euro-denominated bond in 2013 as part of efforts to raise an additional $2 billion from capital markets this year, Chief Financial Officer Almir Barbassa said in an interview Wednesday.

�Euro Crisis: Matthew Higgins and Thomas Klitgaard examine foreign borrowing in the euro zone periphery. �Periphery countries have suffered painful contractions weaning themselves from foreign borrowing.

The pound fell to a one-month low against the euro after a government report showed U.K. retail sales unexpectedly declined last month, supporting the central bank's case to boost monetary stimulus.

Slovakia has hired three banks as joint lead managers for the issuance of a new euro benchmark government bond due in 2018, the Slovak Debt and Liquidity Management Agency, or Ardal said Wednesday.

NEW YORK May 22 (Reuters) - The euro fell to a session low against the dollar on Wednesday after Federal Reserve Chairman Ben Bernanke warned that holding interest rates too low for too long has its risks.