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Draghi says euro zone more stable, "needs a more European UK"

LONDON (Reuters) - The euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday.Full story

Euro zone consumer confidence inches up in May

BRUSSELS (Reuters) - Consumer morale in the euro zone edged up broadly in line with expectations in May, showing its sixth monthly improvement in a row, European Commission data showed, though the indicator remained well below the currency area's long-term average. Full story

Credit rating firms sow doubt on euro zone bond rally

LONDON (Reuters) - Credit rating firms say they could further downgrade the ratings of highly indebted euro zone countries, putting their bonds at risk of being pitched out of global indexes and reversing a fall in their borrowing costs. Full story

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Articles

Fed's Bullard recommends euro zone consider QE

Glance: Europe's Key Institutions

Weak U.S. data sends dollar lower, Wall Street seen down

News Summary: Eurozone recession drags on

S&P says Cypriot deposit grab may set euro zone precedent

Divisions hamper Europe's plans to tackle failing banks

Eurozone growth hopes emerge after industrial data

German ZEW investor morale rises less than expected in May

Spain, Portugal push for full banking union as Germany finds hurdles

Mixed signals for the global economy

Video

  Maria's Observation: Why Worry Over Cyprus?

Cyprus' economy is minuscule in relation to its peers in the euro zone. CNBC's Maria Bartiromo shares her observation on the parliament rejecting a plan that the EU would bail out the country.

  Global Markets: Euro Banks Skid on Cyprus Bailout Plan

CNBC's Kelly Evans reports euro zone concerns have resurfaced on news of a proposal that would tax depositors.

  McVey: Number 1 Thing Missing Is CEO Confidence

Discussing where investors should expose themselves, and the state of optimism surrounding the euro zone, with Henry McVey of KKR. "What we see is a world where the central banks are having to overextend themselves to overcompensate for government dysf...

  Political Gridlock Grips Italy

CNBC's Michelle Caruso-Cabrera reports Italy's election is rattling markets and reviving concerns over instability in the debt plagued euro zone.

  Political Deadlock Grips Italy

CNBC's Michelle Caruso-Cabrera reports the latest outcome from Italy's elections have left the country with no clear majority in the Senate, which could cause economic chaos and further damage to the euro zone.

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Related Photos

Eurogroup chairman Dijsselbloem waits to address the European Parliament's Economic and Monetary Affairs committee in Brussels
Eurogroup chairman Dijsselbloem waits to address the European Parliament's Economic and Monetary Affairs committee in Brussels

Eurogroup chairman Jeroen Dijsselbloem waits to address the European Parliament's Economic and Monetary Affairs committee to discuss the way in which assistance to member states has been conducted, particularly Cyprus, in Brussels May 7, 2013. REUTERS/Francois Lenoir

Eurogroup chairman Dijsselbloem arrives to address the European Parliament's Economic and Monetary Affairs committee in Brussels
Eurogroup chairman Dijsselbloem arrives to address the European Parliament's Economic and Monetary Affairs committee in Brussels

Eurogroup chairman Jeroen Dijsselbloem arrives to address the European Parliament's Economic and Monetary Affairs committee to discuss the way in which assistance to member states has been conducted, particularly Cyprus, in Brussels May 7, 2013. REUTERS/Francois Lenoir (BELGIUM - Tags: BUSINESS POLI