Martin Schulz warned against the risks of the recession-hit nation slipping into an "incalculable and ungovernable situation."

UPA got has put on hold all future payments to Augusta, and the firm has been asked to disclose if it had paid any kickbacks to middlemen i...

The decision comes after revelations the lender's former management hid details of structured-finance transactions from regulators.

Mario Monti's decision to resign has left the door wide open for the former Eurocrat to run in the upcoming general election, or take on th...