"You will be surprised in the autumn by the degree of movement that will have taken place in some member states," says Thomas Wieser, one of the economists preparing plans for banking union ahead of the October EU summit.

Former ECB chief economist Jurgen Stark has described the bank's euro rescue measures as a "dangerous path". Writing for business daily Handelsblatt, ...

EU leaders are set to hold a special summit in November in a bid to thrash out terms for the 2014-2020 EU budget framework. A diplomatic source told A...

The chairman of the Bank of Cyprus, Theodoros Aristodemou, resigned on Wednesday due to health problems. “Mr Aristodemou feels he can’t continue in th...

Spain's economy minister Luis de Guindos on Wednesday said Madrid and EU officials have agreed on the framework to create a 'bad bank' that will hold ...

The United Nations special rapporteur on minority issues, Raquel Rolnik, criticised the French government's policy of dismantling Roma camps without p...

Greek leaders on Wednesday gave conflicting accounts on whether or not measures on spending cut targets have been finalised, reports The Wall Street J...