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No provision to quit euro without leaving EU: Commission

The European Commission on Thursday said that there was no provision under EU treaties to exit the euro without also leaving the European Union. Commission spokeswoman Karolina Kottova refused all comment on the prospects of Greece quitting the euro. But when asked if under the bloc’s rule-book it was impossible…

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…