site.news_by_theme eurozone

The euro must not become a "break-up factor" that pits northern Europe against crisis-choked nations in the south of the continent.

German leader Angela Merkel held talks Wednesday with her Canadian counterpart on a first-ever bilateral visit shadowed by eurozone fears and Ottawa's refusal to wade into relief efforts.

As Europe battles its never-ending debt crisis, Turkey, with its flourishing economy, is increasingly attracting the attention of German companies, as well as German-born Turks in search of a job.

Global commodity markets mainly fell in subdued trade this week as investors expressed disappointment at the lack of central bank action to kick-start the struggling global economy.

US President Barack Obama said Monday that the eurozone is not buckling under the weight of the debt crisis, but that "decisive steps" have yet to be taken.

The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.

Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."

French President Francois Hollande and British Prime Minister David Cameron tried Tuesday to laugh off a rocky start to their relationship despite lingering differences over the eurozone crisis.

Eurozone finance ministers agreed Tuesday to offer Spain 30 billion euros this month to help its distressed banks as they raced to stay ahead of market scepticism.

Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the country safely in the eurozone.