The 61-year-old finance expert, who now holds one of the most important jobs in Europe, feels the euro is irreversible and will continue to...

Euro-area finance ministers approved enhancements to their bailout fund while backing off from a target for its firepower and seeking a gre...

EU finance ministers thrashed out Friday a multi-billion-dollar debt rescue for Portugal, demanding tough conditions.

Trichet says his successor will need to be prepared to act in exceptional circumstances.

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 head of the EU’s bailout fund says there’s no chance that the debt crisis will cause the collapse of the 16-nation euro currency, even ...

Ireland has unveiled a 15-billion-euro austerity package as part of its requirements to unlock an international bailout, slashing public se...

The head of the European Union's multi-billion-euro (dollar) bailout fund sought on Thursday to allay fears the money could run out if the ...

A financial aid plan to help Ireland cope with its battered banks will be unveiled next week, EU sources said on Friday.