Eurozone

Budget Battles

  • People walk past the new ECB headquarters in Frankfurt December 4, 2014. REUTERS/Kai Pfaffenbach

    ECB dips toe into dead sea of rebundled debt

    By John O'Donnell and Eva Taylor, Reuters

    FRANKFURT (Reuters) - The European Central Bank is set to embark this week on a scheme to buy the kind of rebundled debt that sparked the global economic crash. With sparse investor interest its...

  • A labourer stands on an apartment building under construction in a Jewish settlement known to Israelis as Har Homa and to Palestinians as Jabal Abu Ghneim, in an area of the West Bank that Israel captured in a 1967 war and annexed to the city of Jerusalem

    Israel approves 78 new settler homes in East Jerusalem

    By Reuters

    Jerusalem's municipal planning committee authorised 50 new housing units in Har Homa and 28 in Ramot, a municipal spokeswoman said. Israel describes those two urban settlements as Jerusalem...

  • EU still considering fining France over budget rules

    By Jan Strupczewski, Reuters

    BRUSSELS (Reuters) - EU officials are considering fining France for failing to cut its budget deficit, although the euro zone's second biggest economy, a driving force in the creation of the shared...

  • A security official stands in front of the Bushehr nuclear reactor, 1,200 km (746 miles) south of Tehran, August 21, 2010. REUTERS/Raheb Homavandi

    Britain says not optimistic about Iran nuclear deal by deadline

    By Reuters

    "I’m not optimistic that we can get everything done by Monday," Hammond told reporters in the Latvian capital. "But I think if we make some significant movement we may be able to find a way of...

  • Russian President Vladimir Putin (L) and Crimean Prime Minister Sergei Aksyonov attend a festive concert marking the first anniversary of the Crimean treaty signing in central Moscow, March 18, 2015. REUTERS/Maxim Shipenkov/Pool

    Berlin and Moscow still differ widely on Ukraine: Steinmeier

    By Natalia Zinets and Gabriela Baczynska, Reuters

    "We are still in a situation unfortunately where we're far from a sustainable de-escalation of the conflict and further still from a political solution," Steinmeier said in Berlin after his one-day...