Countdown to missed opportunity for EU economy

(Reuters) - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy.

Eurozone moves a decisive step closer to banking union

European leaders were expected to push ahead with plans for winding up or shoring up weak eurozone banks on Thursday night, hours after sealing agreement to put the European Central Bank in supervisory authority over financial institutions in the single currency area.

EU's Van Rompuy warns Cameron over sensitive budget issues

(Reuters) - The European Union's top official fleshed out his ideas for a separate budget for euro zone countries on Thursday, and indirectly warned British Prime Minister David Cameron about using the proposal for his own political gain.