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Governing party's finance minister assures Spain is not headed for debt bailout as country prepares for elections.
French ruling party says new economic chief must be named as Strauss-Kahn remains detained in New York jail.
Austria's finance minister says head of financial body should consider stepping down after sexual assault allegations.
Move marks turnaround after Lisbon resisted asking for aid for months despite sharply deteriorating financial situation.
Ratings agency downgrades debt by one notch to Aa2, citing concerns over cost of restructuring country's banking sector.
Organisation for Economic Co-operation and Development said embattled Eurozone economy should make further reductions.
Prime minister Zapatero says "absolutely" no prospect of Irish-style rescue, despite concerns over public deficit.
Head of organisation says government's austerity measures "very effective".
Unpopular bill passed by one vote, saving Zapatero's government from embarrassment.
Featured on Al Jazeera
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Israel's Operation Protective Edge is the third major offensive on the Gaza Strip in six years.
Muslims and Arabs in the US say they face discrimination in many areas of life, 13 years after the 9/11 attacks.
At one UN site alone, approximately four children below the age of five are dying each day.
 
 
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