Euro Zone

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Europe's market watchdog probes rating agencies: FT

LONDON - The European markets watchdog is investigating whether the big three credit ratings agencies' methods of evaluating banks are rigorous and transparent enough, its chairman Steven Maijoor told the Financial Times on Monday.

Belarus leader attends Kiev final

KIEV - Belarussian President Alexander Lukashenko, a target of European Union sanctions over human rights, shared a VIP box with European leaders at the Euro 2012 final on Sunday.

Sports, Russia 7:01pm EDT

U.S. praises EU embargo of Iranian oil, presses Tehran

WASHINGTON - The White House praised the European Union for prohibiting Iranian crude oil imports into the 27-nation-bloc on Sunday and said Tehran had an opportunity in talks this week to make progress on international concerns about its nuclear program.

World, Politics 12:12pm EDT

Iran vows to confront "malicious" embargo

DUBAI - Iran pledged to counter the impact of a European Union oil embargo which took full effect on Sunday, saying it had built up $150 billion in foreign reserves to protect itself.

8:20am EDT

UK's Cameron attempts to woo eurosceptics on referendum

LONDON - Prime Minister David Cameron has raised the prospect of a possible referendum on Britain's future relationship with the European Union, potentially threatening trade with the bloc and opening up another front against the Conservatives' coalition partner.

30 Jun 2012

Merkel seen as big loser in euro zone showdown

BERLIN/PARIS - Angela Merkel was portrayed across Europe as the big loser of a euro zone showdown in Brussels after the German chancellor was forced to accept the crisis-fighting measures championed by countries struggling with their debts.

30 Jun 2012

EU's Ashton hopeful of deal at U.N. Syria talks

GENEVA - European Union foreign policy chief Catherine Ashton is hopeful that crisis talks on Syria will reach a good solution, she told reporters as the meeting broke for lunch after a first two hour-session on Saturday.

30 Jun 2012

EU deal for Spain, Italy buoys markets but details sketchy

BRUSSELS - Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. | Video

30 Jun 2012

EU ends police mission in Bosnia after a decade

SARAJEVO - A European Union police mission in Bosnia ended on Saturday after a decade of training local police forces and overseeing law enforcement agencies that were rebuilt almost from scratch after the 1992-95 war.

World, United Nations 30 Jun 2012

EU deal for Spain, Italy buoys markets but details sketchy

BRUSSELS - Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. | Video

29 Jun 2012

ANALYSIS OF THE EURO ZONE CRISIS

BRUSSELS AND THE DEBT CRISIS

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