Euro zone austerity is mostly over: ECB's Coeure

(Reuters) - Most European countries have already made efforts to consolidate public finances so a discussion on austerity policies in Europe is largely over, the European Central Bank's Executive Board member Benoit Coeure said on Friday.

Global private wealth rises to $152tn

The amount of private wealth held by households globally surged more than 14% to $152 trillion (£90tn) last year, boosted mainly by rising stock markets.

Sweden raises 2014 growth forecast in spring budget, last before vote

(Reuters) - Sweden's economy will grow at a faster pace than previously expected this year the government said on Wednesday in a spring budget that promised prudence rather than new spending measures ahead of an election in September.

Spain Reaps Investment Boon as Rajoy Reforms Lure FDI

Prime Minister Mariano Rajoy’s progress in luring investors back to Spain is spreading well beyond the bond market.

IMF warns French economy vulnerable to downturn

PARIS: The International Monetary Fund warned Friday that the French economy, the eurozone's second-largest, is vulnerable to a downturn because of its shrinking share of the export market and ossified labor market and urged the government to do more, faster to stay competitive and keep its finances under control.

Don't let euro zone debate turn nasty: German foreign min

(Reuters) - German Foreign Minister Guido Westerwelle on Monday warned politicians to rein in the language they use about the euro zone debt crisis after a weekend of ugly exchanges in the German press over Italy and Greece.

World Bank warns that euro collapse could spark global crisis

The outgoing head of the World Bank, Robert Zoellick, will warn the G20 summit that Europe runs the risk of sparking a Lehman-style global crisis that will have dire consequences for developing nations.