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Europe urges Greece to do more, delays bailout cash

Europe delayed the release of bailout funds to Greece on Tuesday, demanding Athens make more sacrifices and warning banks may have to share more of the pain in the crisis threatening theeurozone. Stock markets tumbled after European finance ministers said Greece could wait until early November to receive 8.0 billion euros, the next…

Eurozone economy sputters in fourth quarter

The eurozone economy grew by a feeble 0.3 percent in the fourth quarter, official data showed Tuesday, amid fears fragile nations will lack the strength to overcome an unrelenting debt crisis. As European finance ministers met to discuss ways to shield the euro from more turmoil, the Eurostat agency confirmed…