SLOWLY but surely, the EU is shifting its message on promoting economic growth and is coming to the realisation that it may have been looking for it in the wrong place.

A Spanish bailout is looking likely, writes Susana Vera, despite the government and the EU dismissing talks of a rescue package

THE European Central Bank should draft commercial lenders as allies in its fight to stem the euro-region financial crisis by giving them incentives to buy bonds of debt-swamped governments, Deutsche Bank says.