The Euro 2012 draw took place Germany, Netherlands and Portugal all tied together in the so-called 'Group of Death' while reigning champions Spain faces a Italy in Group C.
British Prime Minister David Cameron threatened on Friday to obstruct a Franco-German drive for swift change to the European Union's treaty intended to help save the euro.
The euro zone debt crisis cannot be solved overnight, German Chancellor Angela Merkel said on Friday, urging instead a long-term approach that relies on tougher fiscal rules being enshrined in European treaties.
Fans of the English national team have been set a new ticket limit by the organizers of the 2012 European soccer championships; they will be allocated only 5,000 seats for the quarter and semi-finals, assuming Fabio Capello's men actually reach that stage.
Scientists at the University of Seville in Spain have developed a technique that can distinguish among beers made in Germany, Spain and Portugal with 99 percent accuracy.
The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch as the euro zone's debt crisis drove EU ministers to urge more IMF help to avert financial disaster.
The United Nations has announced that Mexican mariachi music, Chinese shadow puppetry and poetic dueling competitions in Cyprus are among several cultural traditions that are both crucial to a living culture and are at risk of dying out, prompting moves to protect and encourage their practice. UNESCO has placed 19 new items on the Intangible Heritage List.
European shares extended a rally into a fourth session on Wednesday, with miners reversing earlier losses after resource-hungry China cut the reserve requirement for banks to ease credit strains and bolster its economy.
Asian shares fell and the euro trimmed gains on Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
Asian shares fell and the euro trimmed gains Wednesday as caution set in over the chance for more progress in resolving euro zone debt woes after officials agreed to strengthen a rescue fund and seek more aid from the International Monetary Fund.
Gold prices barely moved Tuesday as investors waited to see if Eurozone finance ministers meeting in Brussels will agree to strengthen the continent's bailout fund to insure sovereign debt.
Increasing the size of the rescue fund is considered imperative given the shaky finances of Italy and Spain.
A two-day rally in European shares came to a halt on Tuesday, while the euro slipped from highs on investor caution ahead of an Italian bond auction and widespread skepticism over whether European policymakers will be able to prevent debt contagion.
The complexity fills everybody with such appalling fear. ... The honest answer is that, like everybody else, you try and contingency plan for any breakup of the eurozone.
English Premier League giants Manchester United and Chelsea, according to new reports, are competing with league rivals Liverpool, to lure Portuguese Primeira Liga club Sporting Lisbon's Dutch hitman Ricky van Wolfswinkel.
Asian shares and the euro extended a rally into a second day Tuesday as investors were buoyed by expectations that European policy makers will outline details of how they will leverage a bailout fund to avert contagion in sovereign debt markets.
Asian shares and the euro extended a rally into a second day on Tuesday, as investors were buoyed by expectations that European policy makers will outline details of how they will leverage a bailout fund so as to avert contagion in sovereign debt markets.
Ratings agency Moody's said on Tuesday it could downgrade the subordinated debt of 87 banks across 15 European Union nations on concerns that governments would be too cash-strapped to bail out holders of riskier bank debt in times of stress.
Gold prices surged Monday as German and French leaders worked on emergency plan to save the Eurozone within weeks rather than months and strong U.S. retail buying bolstered equities.
Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.
Moody's Investors Service warned on Monday the rapid escalation of the euro zone sovereign and banking crisis threatens the credit standing of all European government bond ratings.
Global miner Rio Tinto warned on Monday that further cracks may be emerging in global commodities markets as the economies of Europe and the United States waver, with its customers increasingly cautious on the outlook.