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Stress tests are debt-crisis hurdle for Europe (AP)

AP - It is billed as a moment of truth — but some fear an exercise in obfuscation. The results of European Union stress tests designed to uncover the depth of rot in the continent’s banking system come out later this week — and an accurate reading would go far to answer the key question of whether Europe’s debt crisis is finally over.

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Stress tests are debt-crisis hurdle for Europe
(AP)

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ECB leaves interest rates on hold again (AP)

AP - The European Central Bank left its benchmark interest rate unchanged at a record low of 1 percent for the 14th consecutive month on Thursday amid lingering concerns over the health of the continent’s banking sector.

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ECB leaves interest rates on hold again
(AP)

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Europe’s poorest send less money home (AP)

AP - Many of Europe’s poorest migrant workers are sending less money home — another blow delivered to the continent’s east by global economic and financial turmoil.

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Europe’s poorest send less money home
(AP)

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Pope on EU debt crisis: Save human ‘capital’ (AP)

AP - Pope Benedict XVI has some advice for European banking and development officials trying to help the continent get through its economic and financial crisis.

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Pope on EU debt crisis: Save human ‘capital’
(AP)

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ECB: $1 trillion rescue package only buys time (AP)

AP - The euro750 billion ($1 trillion) rescue loan package only bought euro zone countries more time, but didn’t resolve the continent’s underlying debt problem, German Chancellor Angela Merkel and a European Central Bank official said.

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ECB: $1 trillion rescue package only buys time
(AP)

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Worst of euro crisis behind us: EU commissioner (AFP)

AFP - The worst of the crisis affecting the euro is over, EU Energy Commissioner Guenther Oettinger said Sunday, warning however that the struggle to clean up budget deficits had only just begun.

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Worst of euro crisis behind us: EU commissioner
(AFP)

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Stocks fall on worries about European growth (AP)

AP - Stocks fell Friday as concerns emerged that the deep spending cuts called for Europe’s bailout plan could slow down the continent’s economy. The euro dropped to an 18-month low.

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Stocks fall on worries about European growth
(AP)

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Consumer spending rises as factory output surges (AP)

AP - Retail sales rose in April for the seventh straight month as factory production surged, offering a more promising outlook for the economic recovery in the months ahead.

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Consumer spending rises as factory output surges
(AP)

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Asian stocks extend rally on EU bailout (AP)

AP - Asian stocks mostly rose for a second day Tuesday as investors added to a global buying blitz after a nearly $1 trillion plan to contain Europe’s debt crisis.

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Asian stocks extend rally on EU bailout
(AP)

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Federal Reserve opens credit line to Europe (AP)

AP - The Federal Reserve on Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on the continent.

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Federal Reserve opens credit line to Europe
(AP)

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