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EU draft bank rescue law would not shield big deposits

   STRASBOURG, France (Reuters) - A draft law that a group of European Union lawmakers voted for on Monday would shield small depositors from losing their savings in future bank rescues, but customers with more than 100,000 euros in savings when a bank failed could suffer losses. Full story

IMF urges Montenegro to close aluminum plant to cut debt

PODGORICA (Reuters) - Montenegro should shut down the loss-making aluminum plant that is the country's biggest single industrial employer to stem a sharp rise in its public debt, the International Monetary Fund said. Full story

Taxes on some wealthy French top 100 pct of income: paper

PARIS (Reuters) - More than 8,000 French households' tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. Full story

Alpine in talks with FCC on financing: CEO

VIENNA (Reuters) - Alpine, the Austrian unit of Spanish construction group FCC <FCC.MC>, will hold talks with its owners on how to meet its financing needs and has many options open, Chief Executive Arnold Schiefer said. Full story

Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data

NEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish bets. Full story

Italy PM Letta seeks to smooth property tax standoff

ROME (Reuters) - Italian Prime Minister Enrico Letta promised a wide reform of property tax on Friday, addressing one of the main issues dividing his coalition government, but gave no details on where he would find the billions of euros to pay for it. Full story

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Brussels, Berlin lukewarm on Hollande's euro zone vision

Every cent helps: euro zone explores scrapping smallest coins

ECB eyes supervisor role to squeeze weak banks

Cyprus may presell gas reserves to ease crisis

Global luxury goods sales slowing

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

Cooling prices, falling imports highlight euro zone's malaise

Europe banks hesitate to join rush for new share capital

Dollar eases on downbeat data, retreats from 4-1/2 year high versus yen

Donors pledge about $4.22 billion to aid Mali recovery

Video

  Cyprus Crisis Poses Risk to Euro

The financial situation in the tiny island nation is high on the agenda of the euro zone's finance ministers, reports CNBC's Michelle Caruso-Cabrera.

  Global Markets: European Markets Pullback

CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks slip lower ahead of the euro zone meeting.

  BOJ Behaving More Like Fed: Currency Pro

Buying pressure in the yen lead to a brief dip in the dollar compared to that currency, with David Woo, BofA Merrill Lynch Global Research, and Gary Kozlowski, United Futures Trading. "The only thing that can save the euro is a weaker euro," adds Woo.

  Cyprus banks reopen -- with transaction limits

CNBC's Brian Shactman joins Morning Joe to discuss U.S. GDP growth, a rise in weekly jobless claims and the reopening of Cyprus Banks.

  Cyprus Scrambles to Avert Meltdown

CNBC's Michelle Caruso-Cabrera reports Cyprus is desperately searching for a Plan B, as the struggling country must find billions of euros to secure a European Union bailout. Adam Lerrick, American Enterprise Institute, weighs in.

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One Euro cent coins are seen in the Austrian Mint headquarters in Vienna
One Euro cent coins are seen in the Austrian Mint headquarters in Vienna

One Euro cent coins are seen after being minted in the Austrian Mint headquarters in Vienna April 23, 2013. REUTERS/Leonhard Foeger

File photo of the headquarters of Germany's industrial conglomerate ThyssenKrupp AG in Essen
File photo of the headquarters of Germany's industrial conglomerate ThyssenKrupp AG in Essen

A view of the headquarters of Germany's industrial conglomerate ThyssenKrupp AG in Essen in this December 11, 2012 file photograph. ThyssenKrupp posted a net loss of 656 million euros ($851 million) for the fiscal second quarter through the end of March as it cut the book value of Steel Americas to

Spain's Economy Minister de Guindos listens to Ireland's Finance Minister Noonan during an euro zone finance ministers meeting in Brussels
Spain's Economy Minister de Guindos listens to Ireland's Finance Minister Noonan during an euro zone finance ministers meeting in Brussels

Spain's Economy Minister Luis de Guindos listens to Ireland's Finance Minister Michael Noonan during an euro zone finance ministers meeting in Brussels May 13, 2013. The euro zone can make progress on creating a banking union before having to take a decision on whether a change to the European Unio

Eurogroup chairman Dijsselbloem, Greece's Finance Minister Stournaras, EU Commissioner Rehn and Ireland's Finance Minister Noonan attend an euro zone finance ministers meeting in Brussels
Eurogroup chairman Dijsselbloem, Greece's Finance Minister Stournaras, EU Commissioner Rehn and Ireland's Finance Minister Noonan attend an euro zone finance ministers meeting in Brussels

(L-R) Eurogroup chairman Jeroen Dijsselbloem, Greece's Finance Minister Yannis Stournaras, European Economic and Monetary Affairs Commissioner Olli Rehn and Ireland's Finance Minister Michael Noonan attend an euro zone finance ministers meeting in Brussels May 13, 2013. The euro zone can make progre