Show us the money: EU seeks billions of euros to revive economy

(Reuters) - The European Union sought ways on Saturday to marshal billions of euros into its sluggish economy without getting deeper into debt, considering options from a pan-European capital market to a huge investment fund.

German industrial output data dives in December

FRANKFURT: German industrial production shrank in December, hit by falling activity in the manufacturing and energy sectors, data showed on Friday, but analysts insisted the overall uptrend remains intact.

G20, meeting in Washington, to seek answers on looming U.S. debt crisis

WASHINGTON (Reuters) - Top finance officials from the world's leading economies gathering later this week will look for straight answers from the United States over the political dysfunction that threatens to throw the world's largest economy into default.

Oil falls on European economy concerns

NEW YORK (AP) — The price of oil dropped Monday on fresh concerns about Europe's economy.

Momentum to drain from world economy in 2012: poll

LONDON (Reuters) - The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.

Greece holds new talks on bond swap

ATHENS, Greece (AP) — The Greek government will hold a second day of talks Friday with representatives of private bondholders on a crucial debt relief deal, without which it could suffer a catastrophic bankruptcy that would send shockwaves through the global economy.