"We will stay the course as President (Christine) Lagarde yesterday indicated and this will likely mean 50 basis point rate hikes in the co...

"We probably are past the lowest point and I say that with some trepidation, because of course there could be a severe second wave," Lagard...

Growth in the euro area has slowed significantly recently.

Rehn’s comments come as the ECB prepares to cap its bond-buying program by the end of the year

Katainen will replace Olli Rehn, EU commissioner for economic and monetary affairs, as Finland's representative at the European Commission.

India said the fiscal austerity measures adopted by Europe should not affect growth as a slowdown could lead to repercussions affecting eco...

The decision, made by euro-area finance ministers today, gives a full green light to part of Greece's second rescue package.

Greece's political deadlock may be easing under EU pressure, a senior socialist said PM Papandreou would resign after a coalition deal

The European Union cut its quarterly growth forecasts for the second half to reflect a worsening outlook from the debt crisis.

European Union governments must make further cuts to their budgets, overhaul their pension systems, and make sure their banks are less vola...

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

European Monetary Affairs Commissioner Olli Rehn refused to rule out in a newspaper interview that a mechanism to allow euro zone member st...

The European Commission dismissed as "rubbish" reports on Wednesday that the EU, the IMF and the US were planning a credit line of up to 25...

The downgrade means some investors will no longer be allowed to buy Greek debt under the terms of their investment mandate. Spain sees cred...

EU nations are pushing for deep deficit cuts at a meeting Tuesday to restore confidence in European governments' ability to handle the debt...

Beijing has long linked its currency, the renminbi or yuan, to the dollar, rather than letting it float as the country's economy grows. Top...

The EU says it has developed a set of options to help Greece overcome its deep financial crisis. Full Coverage: Lehman | Top gainers, loser...