Greece's unemployment rate scaled a new record of 27 percent in February, data showed on Thursday (May 9), reflecting the depth of the country's recession after years of austerity imposed under its international bailout.

Eurozone's economic morale index falls to 88.6 in April, down for a second consecutive month.

Spain's unemployment rate rose to a record of 27.2 percent in the first quarter of this year with 6.2 million people out of work, according to data released by the National Statistics Institute on Thursday (April 25).

A sea of old age pensioners from across Greece flooded into Athens on Friday (April 19) to protest against pension cuts.

As Ed Miliband makes poll gains, Tony Blair warns against Labour lurching to the left.

Greece's registered unemployment rate hit a record of 27.2 per cent in January, data showed on Thursday (April 11), reflecting the depth of the country's recession after years of austerity imposed under an international bailout.

The 17 euro zone finance ministers gave their approval to an EU-IMF plan for restructuring Cyprus's banking sector on Monday (March 25th), putting their stamp on a proposal that will fundamentally overhaul the country's two largest banks.

Italy's centre-left coalition won a majority in the lower house of parliament but the upper house will be deadlocked, the Interior Ministry said on Tuesday after all votes were counted.

Polls opened at 0700 local time (0600GMT) on the second and final day of the Italian elections on Monday (February 25), in one of the most closely watched and unpredictable votes in years.

The sharp rise in business confidence indicates that Germany is regaining economic optimism.

Foreign trade dragged Germany's economic growth lower.

The early exit of BoJ governor allows the government to introduce its aggressive stimulus measures soon.

Political uncertainties in Spain and Italy spark renewed concerns on the region's recovery prospects.

Benchmark gauge of global shipping costs falls more than 12 percent in two days following weak US and China trade data

Juncker to quit the position "at the end of this year, or the beginning of next year."

Optimism among German business leaders rises even as growth slows and Eurozone crisis continues

Amendments to Vicker's Report likely after parliament grills Finnish central bank governor Erkki Liikanen.

House of Lords to Question Barclays, RBS and Lloyds on EU banking reform and the impact it will have on the UK

Turkey repeats calls to UN to build refugee camps in safe area within Syrian borders to ease pressure.

September saw another fall in activity for embattled manufacturing sector according to leading private industry survey

Mario Draghi's bond buying programme has bought time but business leaders in Europe's biggest economy seem to question whether it will be used effectively.

The Conservative-Liberal Democrat Coalition, in government since the Conservatives failed to win an outright majority on their own in 2010, was always a marriage of inconvenience. Too many of each party were too far apart in their concepts as to what should be done to make Britain prosperous and content whilst dealing with a country in virtual bankruptcy and in an ever more competitive global environment. What threw the cat amongst the pigeons to make a bad situation worse and rubbish the Trea...

Rating Agency says Mario Draghi's plan will support borrowing costs, but that ultimate responsibility for crisis resolution lies within governments.

Britain is in the worst double-dip recession for 50 years as dreadful GDP figures reveal the true state of the UK economy. Here's what the analysts and economists had to say.

New Democracy, Pasok and Syriza, all try to make political capital out of Spain's bailout.

Former Greek PM claims exit risk "real" as European Leaders prepare emergency Summit meeting

The U.S. dollar is expected to hold its own as a safe-haven currency in the near term as risk aversion in the global financial markets remains amid the euro zone's troubles.

Budget airline Ryanair warns of a future decline in profits on higher fuel costs, despite beating forecasts with a 2012 profit surge.

Apart from eurozone crisis, the summit concentrated on a whole range of issues including Afghanistan and Iran.

Leaders stress importance of cohesive eurozone and the need for Greece's continuation in the bloc.