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Merkel under fire over possible 'Grexit' German Chancellor came under fire over a magazine report suggesting she would be prepared to let Greece exit the euro should a far-left party win a snap Greek election.
05 January 2015
Euro crisis firms German power, 25 years after Berlin Wall Twenty-five years after the Wall fell, analysts have little doubt that Europe's power now lies in Berlin, with the damaging eurozone crisis only heightening that perception.
03 November 2014
Ukraine crisis hits German investor confidence German investment sentiment is taking a hit from the crisis over Russia and Ukraine in a further setback for the eurozone.
13 August 2014
Photo courtesy of earn-it.ru France attacks ICANN as unfit for internet governance France strongly attacked the US-based body that assigns internet addresses, saying it was not a fit venue for internet governance and that alternatives should be sought.
27 June 2014
After eurozone crisis, IMF rethinks rescues The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
21 June 2014
Spain's Prime Minister Mariano Rajoy. ©Reuters/Sergio Perez Spain shows fastest growth in six years: central bank Spain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said.
25 April 2014
©Reuters/Francois Lenoir Fireworks but no joy as Latvia joins eurozone Fireworks will light up the skies above Riga when Latvia adopts the euro on January 1, but on the ground the feeling will be far from festive among those fearing the impact of the switch.
27 December 2013
Eurozone ministers make progress on Banking Union Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.
18 December 2013
Spain's Economy Minister Luis de Guindos talks to European Union Economic and Monetary Affairs Commissioner Olli Rehn (R). ©Reuters/Francois Lenoir Eurozone warns Spain, Italy to deliver on commitments The eurozone Friday warned five countries led by Spain and Italy to deliver on promises to hit deficit and debt targets in national spending plans next year.
24 November 2013
©Reuters/Kai Pfaffenbach Euro "too strong", says European Commission's Tajani European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
14 November 2013
Bailouts still key issue as eurozone finance ministers meet Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.
13 September 2013
©REUTERS/Kai Pfaffenbach Europe's emerging economies back on track Central and eastern European countries have escaped most of the turmoil that has recently lashed emerging economies as they have been shielded by the recovery in the neighbouring eurozone.
03 September 2013
Greece may need new bailout of 10bn euros Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.
26 August 2013
Jobseekers. ©REUTERS/Regis Duvignau Analysts see return to growth in eurozone Figures due Wednesday are expected to show the eurozone finally edging out of a record 18-month recession which has cost millions of jobs and tested the single currency bloc to near breaking point.
13 August 2013
EU finance minister talks break down on bank closure regime European Union finance ministers failed early Saturday to reach an agreement on how to close down failing banks before they can do too much damage to the wider economy.
24 June 2013
IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.
06 June 2013
Portugal 'should leave euro': best-selling economist A Portuguese economist, whose book "Why We Should Leave the Euro" has become a rapid best-seller, says it is only a matter of time until his crisis-wracked country leaves the troubled currency.
04 June 2013
Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.
04 May 2013
May Day protests against austerity, 'slave labour' Tens of thousands of angry protesters staged May Day rallies in several countries of the crisis-wracked eurozone Wednesday, as fury erupted at demonstrations in Bangladesh after a deadly building collapse.
02 May 2013
German Chancellor Angela Merkel. ©REUTERS/Fabrizio Bensch Merkel lambasted by France despite her softer tone An attack by French Socialists on Angela Merkel's drive for belt-tightening coincides with concessions by the German chancellor on austerity, but five months from elections she is loathe to trumpet her flexibility.
30 April 2013
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