Asean economic growth 'to outdo EU'

The 10-member Association of South East Asian Nations (Asean) will surpass the EU in growth once its economies have been integrated, the World Economic Forum in Jakarta has heard.

Greek central banker defends stress test results: paper

(Reuters) - An "unduly conservative" approach in stress tests on Greece's major banks would have scared off investors, the head of Greece's central bank said on Saturday, adding that he believed the results would be close to EU-wide tests due later this year.

Rehn: big bank depositors could bear cost of bank failure

People with big deposits could suffer a ‘haircut’ under planned European Union law if a bank fails, the EU's economic affairs chief Olli Rehn said.

Give Greece a chance, says Angela Merkel's challenger Peer Steinbrueck

ATHENS: Greece must be given time to clean up its troubled finances, Peer Steinbrueck, the head of Germany's Social Democrats who will challenge Chancellor Angela Merkel in elections later this year, said on Wednesday.

Merkel and Hollande sidestep Greece's plea for breathing space

Angela Merkel and Francois Hollande pledged to keep Greece in the eurozone, but offered Greece no immediate relief from its current regime of painful austerity measures.