European Union

Ratings firm says it will make a decision on Spain's Baa3 investment grade status in October

Nearly 5 million Spaniards out of work as recession hits job-rich tourist economy

Asian markets were mixed in the week as worries over European debt crisis continued amid positive measures from governments.

Sale of Britain's biggest car insurance group comes after formal OFT referral to Competition Commission.

Prime Minister Mariano Rajoy's 2013 budget will have major implications for Spain, Europe and global financial markets.

Prime Minister Mariano Rajoy's budget comes just 24 hours before a key audit of Spain's banking sector as investors grapple with myriad issues in Europe's fourth-largest economy.

Fifty thousand Greeks take to streets in Athens as general strike against biting austerity measures hailed a success.

Spain's biggest and richest region will test appetite for independence from Madrid as Prime Minister Rajoy struggles to maintain national unity

Third major austerity protest in a week highlights political challenge to Europe's economic reforms.

Prime Minister Mariano Rajoy faces his toughest week in government as protests highlight unease over steepest austerity measures in modern Spanish history.

State-owned lender will shed 3,800 jobs at investment unit by 2013 taking, total job cull under CEO Stephen Hester to more than 36,000 since 2008 rescue

The final review of Greece's staggering finances will be published in November as Obama Administration asks for "no surprises" from EU officials before presidential vote.

An increasing number of people in the recession-hit UK economy are becoming self-employed. IBTimes UK explores.

Spanish Treasury raises nearly €10bn as investors take down four bond auctions while bailout speculation continues.

Hezbollah's Hassan Nasrallah urges international community to criminalise insults to Christianity, Islam and Judaism.

Ofcom ruling keeps Rupert Murdoch's most profitable business safe as News Corp continues plans to slit the company.

There is a genuine fell good factor around British boxing after the recent success of the five amateur fighters that won medals at the London Olympics. While these proud fighters ponder the next step in their careers, one former Team GB member is now hoping to cause a stir on the professional stage.

Electronic Arts aims to add 300 more jobs to its customer service centre in Galway, Ireland.

Spain's borrowing costs fall but tepid demand signals concern over banking sector and impending bailout.

Spain plans €9bn in bond sales this week as bailout speculation intensifies ahead of bank audit and review of its investment grade credit rating.

Talk for fourth European bailout intensifies as Euro Area finance ministers prepare for two-day meeting in Nicosia.

Greece's Finance Ministry denies need for new bailout after Thanos Catsambas tells Wall Street Journal that Troika demands are "totally unrealistic".

The clamour over the European Central Bank's bond buying tactics seems misplaced when you examine its history and place in the European project.

Package includes cut in income taxes and a boost to car and house sales.

Coalition leaders struggle to agree on target of €11.5 billion in cuts as recession enters fifth year.

Chinese government believed to be subsidising firms which dump solar panels at cut rates.

The mobile wallet code-named Project Oscar, a joint venture between Vodafone, O2 and Everything Everywhere, has been cleared by the EU.

Never mind the focus on Greece, Chris Clarke explains why UK should leave the European Union.

A group of entrepreneurs and start-up experts share their advice on what not to do.

Dutch bank ING faces deadline to sell-off its Japanese business under agreement from receiving its emergency funding in 2008.