Latest economic news, Angela Merkel urges Britain not to shun European Union, German chancellor calls for a strong Britain in the European Union and says that 'being alone in this world doesn't make you any happier'
From UK we reporting, UK takes broadband fears to Brussels, Secretary of state unhappy at what London sees as the commission dragging its feet in approving UK state aid for rural broadband
From European Central Bank news, Mario Draghi reassures Germans on banking union, The ECB president aims to address political and industry concerns, saying that European banks should not have to pool deposit guarantee schemes
European Union hits back at IMF over austerity, on the meeting European Commission report argues that more austerity, rather than less, might have convinced the markets and kept capital flowing to Spain and Greece
Back to Greek debt crisis update, Athens braced for crunch austerity vote, Measures must be approved in the Greek parliament on Wednesday before eurozone leaders can push ahead with further moves to cut Greece's debt burden
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