Europe's Top Court Weighs German Challenge to ECB
Europe's top court on Tuesday (October 14) heard a challenge to the European Central Bank's landmark bond-buying scheme to contain the euro zone crisis in a case underscoring deep concerns in Germany over ECB clout.
Dollar Weakens Amid Reports of Withdrawal of Ukrainian and Pro-Russian Rebels
Euro strengthened against the greenback on Tuesday despite a set of weaker than expected PMI numbers from the region.
Wealthy Eurozone Investors Pumping Cash into Luxury London Property as Economy Flatlines
Italians biggest eurozone investors in London property after country slides into recession.
Global Equities Hit Historic $66tn as S&P 500 Closes Above 2,000 Mark
European equities are now playing catch up to Wall Street.
French PM Manuel Valls to Unveil New Cabinet After Rebel Ministers Ejected
French economy minister Arnaud Montebourg, education minister Benoît Hamon and culture minister Aurélie Filippetti ousted by French prime minister Valls.
ECB: Ukraine Crisis a Risk to Eurozone, Interest Rates Held
The crisis in Ukraine represents a risk to the euro zone economy, although the likely impact of European sanctions on Russia and retaliatory measures is uncertain, European Central Bank President Mario Draghi said on Thursday (August 7).
Italy's Economy Returns to Recession
Italy slid into recession for the third time since 2008 in the second quarter, underlining the chronic weakness of the euro zone's No.3 economy and pressuring Prime Minister Matteo Renzi to complete promised reforms.
Portugal in €4.9bn Rescue of Banco Espirito Santo
Portuguese were concerned on Monday (August 04) after the governor of Portugal´s central bank announced on Sunday (August 03) the country will spend €4.9 billion to rescue its largest listed bank, Espirito Santo, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.
Greece May Need Further Bailout Says IMF's Reza Moghadam
Greece sold $4.2bn worth of bonds to investors on 10 April.
Greek Government Hails Bond Market Return
Greece, at risk of crashing out of the euro zone just two years ago, will issue its first sovereign bond in almost four years on Thursday (April 10), seeking to send a strong political and economic signal it is on the way out of its debt crisis.
Russia Unveils Tax Breaks for Crimea as Special Economic Zone
Tax breaks and infrastructure improvements planned to make Crimea pay its own way
US Multinationals Lose $6bn in Q4 Revenues as Dollar Gains Against Major Currencies
Yen lost nearly 7% against US dollar in fourth quarter of 2013, while Brazilian real fell more than 6% and Canadian dollar dropped 3%.
European Markets Outside UK Trade Higher After Strong German Ifo Data
German business confidence at its highest level since July 2011.
EU Edges Closer to Historic Banking Union Deal
European policymakers make progress on financing of EU bank reserve pot as deadline looms.
Ireland Officially Ends its Bailout From Lenders
Three years after going cap in hand to international lenders, Ireland has officially ended its bailout, providing a landmark for the euro zone's efforts to resolve its debt crisis.
Crisis-Hit Italy and Spain Boost German Immigration Figures
Federal Statistics Office says Germany saw 11% increase in immigrants in first half of year.
France's Second Largest Bank BPCE Tables €900m Cost Cutting Plan to Double Profits
BPCE is the first big bank in France to announce a strategic plan following the euro zone crisis.
Greek Unemployment Rises To 27.6 Pct In July
Greece's unemployment rate rose to 27.6 percent in July - from a downwardly revised 27.5 percent in June - data by the country's statistics service (ELSTAT) showed on Thursday (October 10).
European Share Prices Feel Chill Of Uncertain Italy Woes
Share prices in France, UK and United States came under strong pressure on Monday (September 30), hit by fears the uncertain outcome of Italy's political situation could propel the euro zone back into a crisis many were hoping it was recovering from.
Merkel Victorious But Faces Tough Coalition Choices
Angela Merkel won a landslide personal victory in Germany's general election on Sunday (September 22), but her conservatives appeared just short of the votes needed to rule on their own.
Greek Unemployment Hits Record 27.9 Percent
Greece's unemployment rate hit a new record of 27.9 percent in June - up from 27.6 in May - data by the country's statistics service (ELSTAT) showed on Thursday (September 12).
Italy Court Rejects Berlusconi Appeal
Italy's supreme court on Thursday (August 1) upheld a jail sentence against former prime minister Silvio Berlusconi for tax fraud in a devastating blow to the former prime minister.
Eurozone Welcomes Latvia To The Club
The euro zone embraced tiny Latvia as its newest member on Tuesday (July 09), eager to show that the bloc is not disintegrating while doubts remain about southern Europe's ability to overcome more than three years of crisis.
Eurozone Grants 6.8 Billion Euro Lifeline For Greece
Greece secured a lifeline from the euro zone and the IMF on Monday (July 8) but was told it must keep its promises on cutting public sector jobs and selling state assets to get all the cash.
Greece in Crisis as Lenders Remain Divided on Delaying Bailout
Eurozone leaders to decide whether to grant Greece next rescue package tranche.
EU Labour Ministers Meet In Berlin
European Union labour ministers met in Berlin on Wednesday (July 3) ahead of a scheduled mini-summit on youth unemployment hosted by German Chancellor Angela Merkel and her labour minister, Ursula von der Leyen.
Portugal Political Crisis Likely To Deepen
Portugal bond yields slumped further on Wednesday (July 03) on rising political tensions in Lisbon, dragging the rest of lower-rated euro zone debt in their wake.
Brussels' Mini-Europe Adds Croatian Landmark
Brussels' amusement park Mini-Europe inaugurated its 28th addition to the park on Monday (June 24) to mark Croatia's upcoming accession to the European Union.
EU Finance Ministers Start Long Banking Rules Debate
Finance ministers in Luxembourg were trying on Friday (June 21) to resolve one of the most difficult questions posed by Europe's banking crisis - how to shut failed banks without sowing panic or burdening taxpayers.
Protesters Surround ECB in Blockupy Movement
Several thousand anti-capitalist demonstrators blocked access to the European Central Bank building in Frankfurt on Friday (May 31), in a protest against the handling of Europe's debt crisis.