Klaas Knot

Italian Prime Minister Mario Monti denounced unnamed "northern" EU states on Sunday for taking positions that contributed to spikes in borrowing costs for Italy and Spain.

Italian Prime Minister Mario Monti denounced unnamed "northern" EU states on Sunday for taking positions that contributed to spikes in borrowing costs for Italy and Spain.

BERLIN/FRANKFURT (Reuters) - Germany's chancellor and central banker urged Europe to stick to stricter budget discipline and forget about one-shot solutions after financial markets judged that another EU summit had failed to resolve the euro zone's debt crisis.

PARIS/FRANKFURT (Reuters) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financial markets judged that yet another EU summit had failed to resolve the euro zone's debt crisis.

PARIS/FRANKFURT (Reuters) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financial markets judged that yet another EU summit had failed to resolve the euro zone's debt crisis.

PARIS/FRANKFURT (Reuters) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after financial markets judged that yet another EU summit had failed to resolve the euro zone's debt crisis.

ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran European technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.

ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran European technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.

ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran European technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.

ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran European technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.

ROME/ATHENS (Reuters) - Italy moved closer to a national unity government on Thursday, following Greece's lead in seeking a respected veteran European technocrat to pilot painful economic reforms in an effort to avert a euro zone bond market meltdown.

ROME/THE HAGUE (Reuters) - Italy moved closer to a national unity government on Thursday, with outgoing Prime Minister Silvio Berlusconi reversing a call for early elections, as EU policymakers dithered over an accelerating debt crisis.

WASHINGTON (Reuters) - European policymakers are quickening their preparations to cope with an escalation of the region's debt crisis as talk of a possible Greek default gained pace on Friday.

WASHINGTON (Reuters) - European policymakers are quickening their preparations to cope with an escalation of the region's debt crisis as talk of a possible Greek default gained pace on Friday.

Global stocks see-sawed in volatile trading on Friday after a G20 pledge to tackle eurozone debt and amid rumors that the European Central Bank could provide troubled banks more support.

WASHINGTON (Reuters) - European policymakers showed signs they were preparing new steps to cope with the region's debt crisis even as talk of a possible Greek default gained pace on Friday.

AMSTERDAM (Reuters) - A situation where Greece cannot pay back its public debt can no longer be excluded, European Central Bank Governing Council member Klaas Knot was quoted as saying on Friday.