Davos: Bankers, policymakers say Europe's crisis not over

DAVOS: International bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now stabilised, it will take years to overcome economic malaise and mass unemployment in Europe.

Fed says economy may need help, keeps policy on hold

WASHINGTON (Reuters) - The Federal Reserve stopped short of offering new monetary stimulus on Wednesday even as it signaled more strongly that further bond buying could be in store to help a economic recovery that it said had lost momentum this year.

Stocks close sharply higher as most of Europe agrees to fiscal coordination plan

A deal to forge stronger ties between most of Europe's economies sent stocks sharply higher Friday as hopes grew that the region is close to resolving its debt crisis.