BRUSSELS - Cyprus secured a package of rescue loans in tense, last-ditch negotiations early Monday, two EU diplomats said, saving the country from a b...

FRANKFURT - The European Central Bank cut its benchmark interest rate to a record low Thursday to spark economic growth but gave little sign it would ...

FRANKFURT - The setup of the 17-country euro currency union is unsustainable, the head of the European Central Bank has told EU leaders, warning they ...

BRUSSELS - Unemployment in the 17-country eurozone unexpectedly spiked to 10.7 per cent in January, its highest rate since the euro was established in...

LONDON - Unemployment across the 17 countries that use the euro ended 2011 at a record high of one person in every 10, official figures showed Tuesday...

FRANKFURT - Banks in the countries that use the euro held a record amount overnight at the European Central Bank in a sign of unease over the eurozone...

FRANKFURT - A top European Central Bank official has publicly discussed the reasons for his surprise resignation, saying he is not satisfied with the ...

The demise of the euro would deliver a significant blow to the Canadian economy, leading to less trade, higher unemployment and a possibl...

ROME - Italian Premier Silvio Berlusconi resigned Saturday after parliament's lower chamber passed European-demanded reforms, ending a 17-year politic...

PARIS - Finance chiefs of the Group of 20 rich and developing nations said Saturday that they will ensure the International Monetary Fund has the reso...

ATHENS, Greece - Greece is likely to receive the next batch of its bailout loans in early November, international debt inspectors said Tuesday, if the...

ATHENS, Greece - Moody's downgraded eight Greek banks Friday, citing their exposure to their government's bonds and the deteriorating economic situati...

TORONTO - Fears that a suffocating debt crisis could choke the life out of the world's delicate economic recovery battered the world's stock markets T...

ATHENS, Greece - Greece will have to take fresh austerity measures, the debt-ridden country's finance minister said Wednesday, a day after Athens move...

WROCLAW, Poland (AP) - Finland's finance minister said she doesn't expect the eurozone to resolve a dispute over her country's demand for collateral f...

GENEVA - The Swiss National Bank on Tuesday decided to fix the country's exchange rate at 1.20 francs per euro and indicated it would buy an unlimited...

ROME (AP) - The leader of Italy's largest union is threatening a general strike against an austerity package that Prime Minister Silvio Berlusconi's g...

ROME - The leader of Italy's largest union is threatening a general strike against an austerity package that Prime Minister Silvio Berlusconi's govern...

Global markets were in freefall for the 10th straight trading day Tuesday, as Asian and European commodity indices plunged on inflation and debt conce...

NEW YORK, N.Y. - Oil prices fell over $3 to near US$83 a barrel Monday after Standard & Poor's downgraded the U.S.'s credit rating — a blow to confi...

ATHENS, Greece - Shares on the Athens Stock Exchange are plunging, with the general price index down 4.8 per cent at levels not seen since the mid 199...

OTTAWA - North American markets are likely to face more selling pressure today following a downgrade in the United States' credit rating and a worseni...

LONDON - A pledge from the European Central Bank to support the shaky bonds of Italy and Spain helped calm investor nerves in Europe Monday despite bi...

What we have witnessed is a mass global flight from risk and an accompanying hoarding of cash on a huge scale. It was the worst week in the financial ...

TORONTO - The Canadian dollar tumbled more than a U.S. cent while the U.S. dollar strengthened following a move by the Bank of Japan to control the ri...