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.

EU must take tough stance in steel dispute with China-German economy minister

The European Union should take a tough stance in dealing with China in a dispute over low steel prices, German Economy Minister Sigmar Gabriel said on Thursday.