EU says euro zone fiscal stance improves, France still above limits

Euro zone countries have improved their fiscal stance, a sign of the bloc’s growing financial stability, but France and Spain remain above deficit limits set by EU rules and Italy still faces “urgent” challenges, the EU Commission said on Monday.

Euro zone growth steady but modest – if political status quo remains

Euro zone economic growth will be steady but modest over the coming year, but that will depend partly on independent candidate Emmanuel Macron winning the French presidency next month, a Reuters poll of economists showed.

Euro zone economy: real recovery or another Sirens’ song?

Over the years, euro zone economic growth has been a bit like the Sirens in Homer’s Odyssey: singing a song of promise, only to end up pulling you onto the rocks. Will it be different this time?

Greece and euro zone governments agree to resume bailout talks – Greek government official

Euro zone finance ministers and Greece agreed on Monday to resume negotiations over its bailout review next week, and to be concluded swiftly afterwards, a Greek government official said.

Germany wants Greece in euro zone, IMF says no special deals

Germany on Monday backed Greece to stay in the euro zone and the European Commission dispatched a senior official to Athens to persuade it to take on further reforms to salvage its bailout accord.

ECB’s Coeure Says Euro At Appropriate Level For Economy

The euro is now at a level appropriate to the European economic situation and serves as a lever of sovereignty, European Central Bank Executive Board member Benoit Coeure said Tuesday.

Euro zone businesses stay buoyant at start of 2017 – PMI

Euro zone businesses started 2017 by increasing activity at the same multi-year record pace they set in December and faster growth in demand suggested the good times will continue, a survey showed on Friday.