Western Europe - Economic Policy

German Finance Minister Wolfgang Schaeuble ruled out Germany contributing any more money to the beefed-up EU bail-out fund than the 211 billion euros approved by parliament, in an interview published Saturday."The European Financial Stability Facility has a ceiling of 440 billion euros ...

Spain sealed a 7.55-billion-euro ($10.2 billion) overhaul of its banking sector Friday, securing savings banks that nearly bankrupted the country in the wake of the 2008 global financial crisis.Bank of Spain governor Miguel Angel Fernandez Ordonez said 568 million euros went to ...

Europe's failure to tackle crippling Greek debt is "scaring the world," US President Barack Obama warned as Germany rejected plans to boost funding for the EU's debt rescue facility.Asian stocks rallied sharply Tuesday, following a see-sawing recovery on US and European markets ...

BERLIN/PARIS (Reuters) - Talk of beefing up the euro zone's bailout fund lifted stocks on Tuesday but complicated the debate in Germany where Angela Merkel is struggling to rally her coalition behind her in aiding Europe's weak economies and banks.European shares rallied ...

Europe's failure to tackle crippling Greek debt is "scaring the world," US President Barack Obama warned as Germany stoked fears Tuesday of a worldwide plunge back into recession.Obama spoke out after Berlin shot down moves to boost debt rescue funding, bursting renewed ...

PARIS (Reuters) - Investors and analysts who think a government bailout for the troubled French banking sector is increasingly likely are focusing on what form any aid could take, even as banks continue to deny they need state help.The possibility of a ...

BRUSSELS (Reuters) - European banks have already received 420 billion euros in funds to help recapitalize and are in a much better shape than three years ago, the European Commission said on Friday."The recapitalization of European banks is something that is ongoing, ...

The International Monetary Fund said Tuesday that Portugal was meeting the targets of the European Union-IMF bailout plan, but faced real risks from global market turmoil.It also called on Lisbon to work harder to control spending and cut wasteful outlays to make ...

PARIS (Reuters) - France will not need to introduce austerity measures in response to increased debt exposure from the euro zone's new rescue plan for Greece, its finance minister said on Saturday.Francois Baroin said in an interview with French daily Le Monde ...

The European Union will on Friday publish the results of major stress tests on Europe's troubled banking sector, facing pressures from the eurozone debt crisis now affecting Italy and Spain.The European Banking Authority, the EU's London-based regulator for the financial sector, has ...

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Topic: Western Europe

Germany 'won't give more to EU bail-out fund'

Spain seals ?7.55bn euro bank overhaul

Europe 'scaring world' over Greece failures: Obama

Premature euro rescue talk buoys markets

Europe 'scaring' Obama as global recession lurks

France seen moving towards bank bailout

EU says 420 billion euros injected into Europe's banks

Portugal meeting bailout targets: IMF

Greek deal won't mean austerity for France: finance minister

EU bank stress tests spotlight eurozone debt crisis

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