The euro zone finance ministers have called off an emergency meeting in Brussels today, which was intended to approve a $170 billion financ...

European Union has postponed a decision on a second multi-billion euro rescue package for the debt-ridden nation at least until mid-July.

EU Economics Affairs Commissioner Olli Rehn backed a delay for Greece in the repayment of its 110-billion-euro rescue loan.

Ireland’s debt rating was lowered two steps by Standard & Poor’s, with a negative outlook, as the government prepares to unveil a 4-year de...

Oil prices topped $82 in Asian trade as the euro's value soared following the agreement of a massive bailout for financially strapped Irela...

European Union "stress tests" on the bloc's banks prove that the EU financial sector is sound because just seven out of 91 lenders - five o...

Germany's participation in a historic 750 billion-euro (nearly one trillion dollars) rescue package for the financially-troubled euro zone ...

The IMF welcomed signs of a global economic rebound, but said challenges were still in the way, especially those related to govt finances. ...

The yield on 10-year Greek bonds has increased 25 bps since EU leaders agreed to the aid blueprint on March 25. 'Crude oil can cross $90' I...

The European Commission gave its approval Friday to rescue plans drafted by Italy and Finland to help stabilize their national financial ma...

The European Commission on Tuesday approved a 500 billion euro ($623 billion) German government rescue plan to stabilize the country's fina...

Leaders of the 27 European Union nations on Wednesday approved a rescue plan for the troubled financial sector, French President announced....

EUis likely to clear Ireland's bank guarantee scheme after changes were made to it and promised to fast-track approval of other govts' resc...

Germany announced on Sunday that it would guaranteed all private savings accounts, joining Ireland and Greece in taking drastic independent...

EU Commission chief Jose Manuel Barroso has welcomed US lawmakers' approval of a multi-bn-dollar rescue plan, saying they had "shown respon...

France is proposing creating a 300-bn-euro EU rescue package to prevent the collapse of any European bank.

EU on Wednesday approved Britain's nationalization of troubled financier Bradford and Bingley, the country's eighth biggest mortgage lender...