Germany's top constitutional court allowed the country to ratify the euro-area bailout fund with certain conditions.

The eurozone nations have sealed a deal for rescue loans up to $122 bn to Spain's banks amid speculation that Spanish govt may also seek a ...

Spain appeared to be on the verge of seeking a bailout from the European Union this weekend to avert a meltdown of its troubled banking sec...

Spain is under increasing pressure to find a quick way to save its troubled banking sector from collapse.

The eurozone nations have reached a deal to build up a massive 800-bn-euro financial firewall to prevent the 2-yr-old sovereign debt crisis.

Euro zone finance ministers have released 35 billion euro from the second bailout package for debt-ridden Greece shortly.

German parliament is set to vote for the second financial bailout for Greece amid signs of a new dispute.

Europe's new strategy on resolving the crisis suffered a setback when Germany's highest court ordered a stay on the setting up of a special...

Germany has rejected reports that the EU and the IMF are working on plans to boost the size of the euro zone's financial rescue fund.

The European Commission last week circulated a document among EU member states with some suggestions on how to broaden the scope of the fun...

Merkel and French President Nicolas Sarkozy also called for a swift conclusion of the negotiations for an Irish bailout.

European Central Bank council member Axel Weber said governments can increase the size of the European Union-led bailout fund if necessary ...

The international bailout for debt-ridden Ireland will likely be worth around 85 billion euros, France's budget minister Francois Baroin sa...

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

Latvia copes with market impact of Greek crisis, hopes euro zone to sort out its woes.

The heads of state and governments of the 16 eurozone nations on Friday launched a historic 110 billion-euro financial aid package to bailo...

The European Union doubled a bailout fund for member states in trouble to euro50 billion.