UK exporters feeling the heat from eurozone crisis

The CBI has issued a call on eurozone leaders to quickly resolve the Greek debt crisis, whatever the outcome of Sunday’s referendum, after the British business group’s latest poll highlighted mounting pressure on exporters.

European banking stocks fall despite Greek vote result

European banking stocks have fallen sharply despite the victory of pro-bailout parties in Greece's elections on Sunday.

Italy's bank chief confirms recession in 2012

ROME (AP) — Italy's central bank chief on Saturday predicted that the eurozone's third-largest economy will see a return to growth next year, but he confirmed forecasts that 2012 will be a "year of recession."

A change in attitudes key challenge for Greece

The crippling debt crisis has dominated Greek political life for the past two years but more than an economic problem, a solution requires a fundamental change in attitudes, analysts say.

Greek PM Papandreou faces unity challenge over bailout

Greek PM George Papandreou has said efforts to form a new government of national unity will get under way soon.