Topic: Euro Zone

Analysis: Emergency post-election measures won't save Spain

MADRID (Reuters) - Spain's new government may rush through emergency measures immediately after Sunday's parliamentary election, but unless the euro zone finds a durable systemic solution to its debt crisis, Madrid will still be forced to seek a financial rescue.The center-right People's ...

France and Germany clash over ECB crisis role

PARIS/ROME (Reuters) - France and Germany, Europe's two central powers, have stepped up their war of words over whether the European Central Bank should intervene more forcefully to halt the euro zone's debt crisis after modest bond purchases failed to calm markets.Facing ...
Spain's Socialist government admitted for the first time Wednesday it will miss its 2011 economic growth target, just four days before an expected election drubbing.Spain's sovereign borrowing costs inched up meanwhile, raising the stakes for the next government amid tension on international ...

France, Germany clash over ECB role to stem crisis

PARIS/ROME (Reuters) - France and Germany, Europe's two central powers, clashed on Wednesday over whether the European Central Bank should intervene more forcefully to halt the euro zone's accelerating debt crisis after modest bond purchases failed to stop the rout.Facing rising borrowing ...

Euro zone looks to Italy, Greece moves to ease crisis

ROME/ATHENS (Reuters) - The euro zone looks for some respite on Wednesday, with Italy due to unveil a technocrat-led cabinet and a new Greek coalition expected to win a confidence vote, as Europe battles to prevent its debt woes from dragging down ...
Berlin and Paris propped up the crippled eurozone with resilient growth figures Tuesday but France was buckling on tense bond markets as Italy and Greece raced to install new governments.In Rome, new Prime Minister Mario Monti won vital support from two key ...

Euro zone barely grows in Q3, downturn seen

BERLIN/PARIS (Reuters) - The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across ...

Germany, France post solid growth, outlook bleaker

BERLIN/PARIS (Reuters) - The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across ...

Euro zone posts growth, but downturn seen likely

BRUSSELS (Reuters) - The 17-nation euro zone economy grew a modest 0.2 percent in the third quarter from the second, the EU said on Tuesday, lifted by France and Germany, but economists say the bloc is almost certainly heading for a recession.Growth ...

New Italian, Greek governments race to limit damage

ROME/ATHENS (Reuters) - Technocrat leaders in Italy and Greece rushed to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, and the euro climbed on relief that a key Italian bond auction drew decent ...