Paul Taylor

Euro zone fragmenting faster than EU can act

By Paul Taylor
July 9, 2012

PARIS (Reuters) – Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it.

Analysis: Euro zone fragmenting faster than EU can act

By Paul Taylor
July 9, 2012

PARIS (Reuters) – Signs are growing that Europe’s economic and monetary union may be fragmenting faster than policymakers can repair it.

Euro area agrees bond support for Italy, Spain

By Paul Taylor
June 29, 2012

BRUSSELS (Reuters) – Euro zone leaders agreed on Friday to take emergency action to bring down Italy’s and Spain’s spiraling borrowing costs and to create a single supervisory body for euro zone banks by the end of this year, a first step towards a European banking union.

Germans say “Nein! No! Non!” ahead of euro summit

By Paul Taylor
June 28, 2012

BERLIN/BRUSSELS (Reuters) – EU leaders go into a Brussels meeting on Thursday more openly divided than at any time since the euro crisis began, with Germany’s Chancellor Angela Merkel showing no sign of relenting in her refusal to back other countries’ debts.

Europe’s Tower of Babel hampers euro solution

By Paul Taylor
June 25, 2012

PARIS (Reuters) – As Europe considers a leap towards closer integration to try to save the euro single currency, it resembles the biblical Tower of Babel – unable to complete an ambitious project because the residents don’t speak the same political and economic language.

Analysis: EU’s Spain bank rescue may bring only brief respite

By Paul Taylor
June 11, 2012

PARIS (Reuters) – Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece’s debt crisis flares again but any respite for Madrid and the euro may be short-lived.

ANALYSIS: EU’s Spain bank rescue may bring only brief respite

By Paul Taylor
June 11, 2012

PARIS (Reuters) – Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece’s debt crisis flares again but any respite for Madrid and the euro may be short-lived.

Firemen and architects race to save euro edifice

By Paul Taylor
June 11, 2012

PARIS (Reuters) – Architects and firemen are racing to save the euro zone from destruction, trying to redesign the edifice even as flames are leaping from the outhouses towards the core of the building.

Analysis: Firemen, architects race to save euro edifice

By Paul Taylor
June 11, 2012

PARIS (Reuters) – Architects and firemen are racing to save the euro zone from destruction, trying to redesign the edifice even as flames are leaping from the outhouses towards the core of the building.

EU’s Spain bank rescue may bring only brief respite

By Paul Taylor
June 10, 2012

PARIS (Reuters) – Euro zone finance ministers rushed Spain into an EU-funded rescue for its debt-stricken banks to pre-empt the threat of a bank run if Greece’s debt crisis flares again but any respite for Madrid and the euro may be short-lived.