Euro Zone Crisis

• IMF releases $114-million loan payment for Cyprus

  The International Monetary Fund (IMF) on Friday released the next installment of its bailout for Cyprus - a desperately needed support for the struggling euro zone economy. The payment was valued at around $114 million (83.5 million euros).

• ECB cannot solve euro zone crisis: Bundesbank

  The European Central Bank (ECB) cannot solve the euro zone crisis, Bundesbank chief Jens Weidmann said to economists on Sunday, pressing the bloc's governments to get their economies in shape and tighten their fiscal rules.

• Thousands rally against European austerity on May Day

  Workers hit by record high unemployment staged May Day protests across Europe on Wednesday, hoping to persuade their governments of the case for easing austerity measures and boosting growth.

• Greek deal puts euro zone in slow recovery room

  The euro zone is in the recovery room now the danger of a Greek default has been averted for a couple of years, but it is not yet safe from a Japanese-style "lost decade".

• Reserve Bank raises ECB limits to boost economy: Highlights

  The Indian government on Monday announced steps to boost the sagging economic sentiment.

• Whether euro lives or dies, Europe’s reputation savaged

  Whether the euro lives or dies, the chaotic way Europe has tackled the crisis could undermine the region's geopolitical clout for years to come and leave it at a distinct disadvantage in a rapidly changing world.

• Euro zone crisis has impacted the Indian economy: Pranab

  Export-oriented industries and the capital investment are the most affected sectors, he said.

• Political consensus on European crisis seems challenging: FM

  Referring to the European crisis, Mukherjee said the world economy is presently passing through turbulent times.

• Europe weighs heavily on US stock market

  All three major US stock indexes sank after a dismal report about bad loans on the books of Spanish banks. The day before, US stocks soared after Spain held a successful auction of 2-year bonds.

• The week ahead: Markets exhibiting strong resilience

  Global weakness, rupee movement, bond yields, and clarity on GAAR will be key factors to watch.

• Europe may be heading back into debt storm

  The first 3 months are important as nations often try to meet a huge chunk of their annual borrowing needs.

• Eurozone builds $1 trillion financial firewall for larger economies

  The finance ministers of the 17 EU nations agreed Friday at the start of a two-day meeting in Copenhagen to bolster the firepower of euro-zone's financial bailout fund to 700 billion euros.

• US stocks fall as Greek bailout debate winds on

  The bigger problem was Europe, where Greece is still locked in a drawn-out battle over how to cut spending and restart growth.

• Republicans needle over Europe as US looks for rebound

  If Europe tanks, it could take the fragile American economy with it, undermining President Barack Obama's re-election hopes and giving Republicans more opportunity to attack him.

• Austerity reigns over Euro zone as crisis deepens

  Europe's leaders braced their nations for a turbulent year, with their beleaguered economies facing a threat on two fronts: widening deficits that force more borrowing but increasing austerity measures that put growth further out of reach.