The economic divide between European Union nations risks destroying the euro, Pierre Moscovici has warned.
By Joseph E. Stiglitz, Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 and Professor at Columbia University NEW YORK – Every
The Italian government has approved a €20 billion bailout fund, as Monti dei Paschi fail to raise desperately needed funds from private investors.
Shares in Monte dei Paschi suffered further steep falls on Monday as it tried to raise five billion euros by year-end to avoid a state bailout.
Venezuelan President Nicolas Maduro has announced that 300 people have been arrested during protests and looting over the elimination of the country’s largest currency…
A day after banning the 100-bolivar banknote from circulation, President Maduro has ordered the 72-hour closure of the Colombian border.
Germany's biggest lender, Deutsche Bank, has posted an unexpected quarterly net profit but CEO John Cryan say no settlement yet on US misselling fine.
Canadian plane and train maker Bombardier says it is cutting another 7,500 jobs - 10 percent of its workforce - over the next two years.
The number of people in Spain registering as unemployed rose in September as the jobs boost of a strong tourist seasons wears off.
Venezuela, a country with the world's largest oil resources, is mired in a crippling economic crisis and tens of thousands of anti-government protesters are demanding fresh elections.
Spain's government has reportedly admitted it will never get back much of the more than 50 billion euros used to bail out the countries' banks according to a report the newspaper El Pais.
In Venezuela the trial of strength between Nicolás Maduro and his enemies has lasted eight months, ever since the opposition seized a parliamentary majority for the first time in 16…
The winners have been announced in the great Greek TV sell-off, with four companies winning bids for television channels in an unprecedented auction.
Once upon a time she had fought as a guerilla against military dictatorship but in 2011, fully backed by outgoing President Lula Da Silva, Dilma Roussef became President of…
Today (August 31) could mark the beginning of a new era for Brazil, if the main prosecutor in suspended President Dilma Rousseff’s impeachment trial has his way.
border to re-open along five crossings to pedestrians to remain open for 15hrs per day full re-opening under discussion Venezuela and Colombia have agreed to partially re-open their…
The foreign ministers of Venezuela and Colombia have met to discuss moves to open up their joint border, a year after Caracas closed crossings in a crackdown on…
As Egypt says it is close to agreeing loans from the International Monetary Fund that it hopes will restore confidence in its struggling economy, Euronews talks to experts and ordinary Egyptians.
One of the world’s oldest banks has fared worst in the European Banking Authority’s latest stress tests.
Banks from Italy, Ireland, Spain and Austria have come out worst in the latest European Union stress test.
Thousands of Venezuelans crossed into neighbouring Colombia on Saturday to buy food and medicine, as the border between the two countries was temporarily…
Venezuela’s government has seized a factory belonging to Kimberly-Clark Corporation after the US personal care giant said it was halting production as it was unable to obtain raw…
A mountain of bad debts and a lack of capital reserves are fueling an Italian banking crisis, which has been thrown into sharp focus by Britain's vote to leave the European Union.
The City of London is bracing itself for big jobs losses if big international firms leave because of Brexit and set up their head offices elsewhere.
The governor of Olympic host city Rio has declared a financial emergency.
"Chavez made the fight against poverty his main aim. 17 years later, it is worse. There are more poor people than ever before."
From bread and beer to sugar and toilet paper – you name it, Venezuela’s economic crisis has resulted in a chronic shortage of basic goods.
France is on the brink of an unprecedented social and economic crisis.