Crippled By Sanctions, Iran's Economy Key In Nuclear Deal

Some of the sanctions against Iran will be eased under an agreement reached between Iran and six world powers over the weekend. In return, Iran promises to temporarily curb part of its nuclear program.

IMF chief says bank union needs to be completed quickly

(Reuters) - International Monetary Fund chief Christine Lagarde urged euro zone governments on Tuesday to make quick progress on their proposed banking union, to put the bloc's crisis definitively behind it.

E.U. States Get Blessing for Financial Trading Tax

BRUSSELS (Reuters) - Eleven euro zone countries won approval on Tuesday for a tax on financial transactions aimed at shifting more responsibility for the region's crisis onto banks despite fears it could drive business out of Europe.