Madrid's IBEX 35 index leapt 1.48 percent to 6,514.70 points today
Osborne argued that monetary union also required a banking union in the eurozone
The FTSE climbed 0.49 percent in opening deals Thursday to 5,410.25 points
US stocks jumped more than 2.3%
US stocks jumped more than 2.3%
New York's main contract, West Texas Intermediate crude for delivery in July, ended the day at $85.02 a barrel
US stocks jumped more than 2.3%
ECB's policy-setting governing council voted to leave the rate for its main refinancing operations unchanged
The benchmark FTSE 100 index dropped 1.14 percent to 5,260.19 points
ECB's policy-setting governing council voted to leave the rate for its main refinancing operations unchanged
ECB's policy-setting governing council voted to leave the rate for its main refinancing operations unchanged
The ECB is also scheduled to publish its latest quarterly staff projections on inflation and growth
Mario Draghi
Financial markets were also boosted after G7 European leaders vowed to respond "speedily" to the eurozone debt crisis
A trader sits in front of screens showing the German DAX index in Frankfurt
The FTSE 100 index climbed 0.82 percent to 5,303.39 points in early trade
Mario Draghi has not shied away from surprise moves in his short career at the helm so far
Cyprus warned it may need EU aid to save its banking system, which is heavily exposed to Greece
A French trader monitors shares prices in Paris
The pressure on the ruble has been sparked largely by investors fleeing to safe havens due to the eurozone crisis

Hundreds of thousands march against austerity in Portugal

Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government's austerity measures aimed at rescuing the debt-hit eurozone nation.
 

Italy's Grillo urges debt renegotiation

Beppe Grillo, whose anti-establishment party unexpectedly captured a quarter of the vote in Italy's inconclusive elections, wants to renegotiate his crisis-hit country's debt, according to a German report on Saturday.
 

Grillo urges debt renegotiation for Italy: report

Beppe Grillo, whose anti-establishment party unexpectedly captured a quarter of the vote in Italy's inconclusive elections, wants to renegotiate his crisis-hit country's debt, according to a German report on Saturday.
 

Eurozone unemployment hits record, inflation falls

Official data Friday painted a far from encouraging picture of the European economy, with unemployment running at record and "unacceptable" highs in the eurozone while inflation fell sharply, highlighting the weakness of consumer demand.
 

European stocks drop on Italy deadlock, US cuts

Europe's main stock markets fell on Friday before the weekend as investors fretted over Italy's post-election deadlock, poor economic data, looming US budget cutbacks and a raft of company results.
 

London shares open flat as Lloyds posts losses

London shares opened flat on Friday as state-rescued Lloyds Bank announced continuing losses.
 

London shares rebound

London shares inched up on Thursday as dealers focused on upbeat jobs data in the United States, dealers said.
 

IAG slumps to 943 mn euros loss on Iberia woes

International Airlines Group, parent of British Airways, plunged into an annual net loss of 943 million euros ($1.2 billion) in 2012 on severe financial strains at its Spanish arm Iberia and owing to a soaring fuel bill.
 

Spain's bailed-out Bankia posts 19 bn euro loss

Bailed-out Spanish banking giant Bankia suffered a loss of 19 billion euros ($25 billion) in 2012, it said in an earnings statement Thursday.
 

Asian markets rise on Wall St rally, ECB comments

Asian markets rose Thursday after the Dow on Wall Street hit a more than five-year high, while the head of the European Central Bank soothed concerns over the eurozone.
 

German jobless total falls to five-month low

The German labour market continues to defy the eurozone debt crisis, with the jobless total falling to its lowest level in five months in February, official data showed on Thursday.
 

Spain's Bankia posts 19 bn euro 2012 loss

Bailed-out Spanish banking giant Bankia suffered a loss of 19 billion euros ($25 billion) in 2012, it said in an earnings statement Thursday.
 

London shares rise as BA owner's shares jump

London shares opened higher on Thursday following a strong lead from Wall Street and helped by strong results from the owner of British Airways, dealers said.
 

Government falls in troubled euro member Slovenia

Slovenian Prime Minister Janez Jansa's year-old centre-right government fell late Wednesday after lawmakers backed a no-confidence motion following weeks of political turmoil in the small eurozone country.
 

Slovenian PM loses no-confidence vote

Slovenian lawmakers voted Wednesday in favour of a no-confidence motion against Prime Minister Janez Jansa's centre-right government following weeks of political turmoil in the small eurozone country.
 

Slovenian PM set to be voted out

The end was nigh for Slovenian Prime Minister Janez Jansa late Wednesday as lawmakers prepared to vote on a no-confidence motion after weeks of political turmoil in the small eurozone country.
 

FTSE recovers on Italy bond auctions

London shares closed slightly higher on Wednesday on better-than-expected bond auctions in Italy, a day after stocks slumped on inconclusive elections in the debt-laden eurozone country.
 

European stocks slump on Italy vote deadlock

European stock markets slumped and the euro hit a near two-month dollar low on Tuesday as dealers assessed the fallout of Italy's political impasse after elections in the indebted eurozone country.
 

London shares close lower on Italy impasse

London shares closed lower on Tuesday as dealers assessed the fallout of Italy's political impasse after elections in the indebted eurozone country.
 

European stocks close down sharply

Europe's main stock markets closed sharply lower on Tuesday following inconclusive elections in Italy, with Milan's FTSE Mib index plunging 4.89 percent to 16,552 points.