A surge in confidence in Europe\'s economy fuelled hope Thursday that the region is finally overcoming its financial troubles just days after European banks largely survived a crash test.
When travel takes off, something in the world is stirring and the latest airline data together with signals from factories across Europe suggest that the economic machine is getting back in gear.
More important than how many European banks passed their stress tests is\nthat investors now have new data to decide for themselves if a bank is\nworth putting money into, analysts said on Monday.
Turkey will abide by UN sanctions on neighbouring Iran but will not\nfollow tougher measures imposed by the United States and the European\nUnion, a minister said in a newspaper interview Monday.
Results of stress tests on European banks proved the banking system was\nsolid, Luxembourg Premier Jean-Claude Juncker, who heads the group of\neurozone finance ministers, said here on Monday.
Auditors from the European Union and International Monetary Fund began a new probe on Monday into Greek budget cuts to judge whether a new nine-billion-euro loan should be granted in September.