Prolonged German downturn could prompt stimulus rethink

(Reuters) - The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc's pillar of strength.

ECB chief Mario Draghi pushes 'growth agenda'

The European Central Bank (ECB) head, Mario Draghi, has said that governments must push growth - but not at the expense of bringing down deficits.

Financial Stability Board to 'name and shame' countries over financial security

Mark Carney, chairman of the FSB, has launched the process to look at how the G20 agreement on banking security following the financial crisis is working. Basel III is due to enforce new capital and liquidity rules by 2019.

Citi, Genworth lead financial sector rally

NEW YORK (MarketWatch) — U.S. financial stocks rallied almost 4% in early Monday trade as investors cheered early strong consumer spending for the holiday season and reports that politicians are close to a decision on how to support the European economy.

Euro crisis solution lies in political arena

WORLD VIEW: The alternative visions of economists must focus better on what is possible internationally

IRELAND BADLY needs a strategy to handle the euro zone crisis, rather than reacting defensively to all its latest twists and turns. This requires a political as well as an economic understanding of the dynamics in play at European and national levels.