US Central Bank The Fed’s Shift to Exit Gives European Central Bank Headache

US President Obama tries to calm European anger at US spying, In a phone call with Chancellor Merkel, the President said he 'takes seriously the concerns of our European allies and partners', said White House

US central bank Fed's shift to exit gives European Central Bank headache, The euro bloc rate-setters are seeing fresh signs of financial fragmentation, with the rise in borrowing costs steeper in the periphery than the core

From Eurozone we reporting, Angela Merkel in drive to help jobless youth, German chancellor, whose country has lowest youth unemployment in Europe, faced angry criticism at home for lack of generosity, with €8bn available

Meanwhile, Regulators are finally closing in on banks, One of the biggest weaknesses exposed by the 2008 crisiswas that banks held too little capital for the risks they were unwittingly taking