ECB under growing pressure to cut rates

FRANKFURT: The heat is on the European Central Bank to cut rates amid growing deflationary fears in Europe, but analysts are divided over whether it will act as soon as this week.

Euro zone exits recession in Q2 slightly faster than expected

BRUSSELS: Stronger growth in the euro zone's two largest economies, Germany and France, helped the euro zone to emerge from its longest recession to date in the second quarter, confirming expectations a fragile recovery was under way.

Exclusive - Euro zone discussed capital controls if Greece exits euro -sources

(Reuters) - European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro.