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From the monetary fortress of the European Central Bank to the pro-European duchy of Luxembourg, policy makers are beginning to air their doubts that Greece can stay in the euro. “If Greece decides not to stay in the euro zone, we cannot force Greece,” German Finance Minister Wolfgang Schaeuble said at a conference sponsored by [...]

European stocks dropped as investors awaited the American payrolls report today and elections in France, Greece, Italy and Germany this weekend. U.S. index futures were little changed, while Asian shares fell. Royal DSM NA, the world’s largest maker of vitamins, declined 2.1 percent after Bank of America Corp. downgraded its recommendation for the stock. Rio [...]

German exports unexpectedly increased for a second month in February, led by demand from outside Europe. Exports, adjusted for work days and seasonal changes, rose 1.6 percent from January when they gained 3.4 percent, the Federal Statistics Office in Wiesbaden said today. Economists forecast a drop of 1.2 percent, according to the median of 10 [...]

Stocks (SXXP) fell, U.S. index futures reversed earlier gains and the yen strengthened as earnings missed estimates and Standard & Poor’s said Greece may have to restructure its debt again. Spanish and Italian bonds dropped. The Stoxx Europe 600 Index (SXXP) lost 0.8 percent at 7:25 a.m. in New York. S&P 500 Index futures slipped [...]

The European Central Bank left its key interest rate unchanged at 1 percent on Thursday but President Mario Draghi promised relaxed rules for banks taking part in a long-term refinancing operation at the end of the month, boosting hopes that additional liquidity will be injected in the system. At the same time, he played his [...]

Greek political leaders struck a deal on a package of austerity measures, clearing the way for a swap to cut the nation’s debt and win its second rescue in two years. Greek Prime Minister Lucas Papademos called European Central Bank President Mario Draghi to tell him “an agreement has been reached,” Draghi said at a [...]

The European Central Bank won’t solve the euro zone’s debt crisis as long as the European Union behaves like a “dysfunctional” family, Bill Gross, Pimco founder and co-chief investment officer, told CNBC on Tuesday. The main problem is the split between North and South Europe, Gross said: The northern countries have low debt and are [...]

After hitting the highest level since the euro’s creation, unemployment in the 17-member single currency area will show no signs of abating, adding to worries that a prolonged recession may be in the cards, analysts said. Cuts in budget expenditure due to “draconian” austerity programs will lead to big job losses in the public sector [...]

The accord was eagerly greeted by the European Central Bank which has long pressed euro zone governments to put their houses in order. “It is the first step toward a fiscal union. It certainly will strengthen confidence in the euro area,” ECB President Mario Draghi said. Officially, the half-day summit focused on a strategy to [...]