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Greece received the green light for the next installment of its 110 billion euro ($150 billion) bailout package. Representatives of the IMF, ECB and EU said they were recommending that the country receive the third batch of loans under the program, The Associated Press said. The loans are worth 9...

Investors should stay focused on the dynamics within European politics that shaped the rescue. Other indebted economies -- like Spain, Portugal and Italy -- could find themselves in a similar situation, after all. And politics will again guide market moves.

Ireland will restructure its banking sector as part of a massive economic aid package from the EU and IMF. Irish banks will shrink, merge or be sold off, Finance Minister Brian Lenihan said, according to The Associated Press. The banks are saddled with past-due loans related to the country's...

As if the Irish debt crisis weren't enough, investors are worried once again about rising inflation in China. But officials in Beijing are quietly building an impressive record of economic management, and some analysts are convinced they can meet the challenge.

Economic performance among EU nations is getting more divergent. While Germany and France continue to modestly expand, debt-plagued countries like Greece are shrinking. That makes it tough for the European Central Bank to set its monetary policy.

Swiss antitrust authorities are investigating BMW for allegedly blocking vehicle sales to Swiss citizens in some parts of Europe. The Swiss Competition Commission said it has information that BMW distribution branches in the European Economic Area are barring sales of BMW and Mini brand vehicles...

AstraZeneca and Pozen announced Monday that their pain reliever Vimovo for the treatment of arthritis had received positive agreement for approval by the 23 E.U. nations. Vimovo is a combination drug that reduces the risk of ulcers for frequent NSAID users.

A strong German economic performance helped drive better-than-expected second-quarter growth in the euro zone. The combined GDP of the currency zone's 16 countries grew 1% from the first quarter, The Wall Street Journal said. That's the strongest quarterly performance since 2006, and easily...

The EU and the IMF have issued a glowing report card on Greece's reform efforts, but it's clear the country is hardly out of danger. Among the threats: Falling GDP, rising prices and the possibility of spiraling into ever-deeper budget cuts to offset falling tax revenue.

Greece has made a "strong start" in its austerity program and is on course to receive a 9 billion euro ($11.8 billion) installment of emergency loans, a joint European and IMF delegation said. The Greek government is ahead of schedule in many areas as it battles to reduce its debt levels and...