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Euro in crisis

Europe

Top EU financial official Pierre Moscovici visits Athens

The European Commissioner for Economics Pierre Moscovici is in Athens for two days to check in with Prime Minister Alexis Tsipras and on progress on

The European Commissioner for Economics Pierre Moscovici is in Athens for two days to check in with Prime Minister Alexis Tsipras and on progress on

News

Samaras: "my conscience is clear" says defeated Greek PM

It was a disappointed Antonis Samaras who was forced to admit defeat on Sunday night. The leader of New Democracy had tried to convince voters that

It was a disappointed Antonis Samaras who was forced to admit defeat on Sunday night. The leader of New Democracy had tried to convince voters that

News

Looming Syriza victory gets mixed reactions in Athens

As Greece’s leftist Syriza party looked set for a comfortable victory over the ruling conservatives in the Greek election, our reporter spoke to some

As Greece’s leftist Syriza party looked set for a comfortable victory over the ruling conservatives in the Greek election, our reporter spoke to some

Business

Eurozone inflation falls to four-year low

The Eurozone’s Consumer Price Index fell to its lowest inflation level in four years in February. Revised data put inflation at 0.7% per annum

The Eurozone’s Consumer Price Index fell to its lowest inflation level in four years in February. Revised data put inflation at 0.7% per annum

News

Cyprus banking reforms praised by EU ministers

Efforts by cash-strapped Cyprus to restructure its banking systems have been praised at a meeting of Eurozone finance ministers in Brussels. The

Efforts by cash-strapped Cyprus to restructure its banking systems have been praised at a meeting of Eurozone finance ministers in Brussels. The

Business

Cyprus gets longer to repay Russian loan

Russia has agreed to push back the pay-back date on a 2.5 billion euro loan it made to Cyprus two years ago. It has also reduced the interest. That

Russia has agreed to push back the pay-back date on a 2.5 billion euro loan it made to Cyprus two years ago. It has also reduced the interest. That

News

Truckloads of cash stock up Cyprus banks

Ahead of the re-opening of Cypriot banks on March 28, the Central Bank of Cyprus sent private security vans packed with cash to stock them up. The

Ahead of the re-opening of Cypriot banks on March 28, the Central Bank of Cyprus sent private security vans packed with cash to stock them up. The

Europe

EU finance chiefs debate strong euro

EU finance ministers met in Brussels on Tuesday amid French concern over the strength of the euro.   Paris says the value of the single currency

EU finance ministers met in Brussels on Tuesday amid French concern over the strength of the euro.   Paris says the value of the single currency

News

French call for action over euro wins little support

Eurozone finance ministers have agreed to put the thorny question of the euro’s value to the G20 meeting in Moscow later this week. Finance

Eurozone finance ministers have agreed to put the thorny question of the euro’s value to the G20 meeting in Moscow later this week. Finance

Business

Euro slumps on ECB Draghi's comments

The European Central Bank has said it will monitor what impact the stronger euro is having on the region’s economy to make sure it does not derail

The European Central Bank has said it will monitor what impact the stronger euro is having on the region’s economy to make sure it does not derail

Business

France and German square off over strong euro

How worried should eurozone policymakers be about the rise in the value of the euro? Is the region set to lose out in a new currency war involving

How worried should eurozone policymakers be about the rise in the value of the euro? Is the region set to lose out in a new currency war involving

News

Spain to re-house nearly 6,000 evicted families

The Spanish government is to offer low-rent housing to vulnerable families who have had their own homes repossessed. Officials hope the homes will

The Spanish government is to offer low-rent housing to vulnerable families who have had their own homes repossessed. Officials hope the homes will

News

Army may be called in to clear Granada's rubbish

Rubbish is piling up in cities in the Spanish region of Granada as as a strike by workers enters its tenth day. Officials insist there is no risk to

Rubbish is piling up in cities in the Spanish region of Granada as as a strike by workers enters its tenth day. Officials insist there is no risk to

Business

Eurozone joblessness hits record high

The eurozone’s unemployment rate reached a new record in November as companies from carmakers to retailers laid people off. Joblessness hit the

The eurozone’s unemployment rate reached a new record in November as companies from carmakers to retailers laid people off. Joblessness hit the

Europe

EU warns of growing poverty gap.

A new EU report has warned of a growing poverty gap in Europe. The European Commission’s annual Employment and Social Developments review shows the

A new EU report has warned of a growing poverty gap in Europe. The European Commission’s annual Employment and Social Developments review shows the

News

Greek PM talking trust in Berlin with the Chancellor

German Chancellor Angela Merkel and the Greek Prime Minister Antonis Samaras have held informal talks in Berlin. The two were taking part in a

German Chancellor Angela Merkel and the Greek Prime Minister Antonis Samaras have held informal talks in Berlin. The two were taking part in a

Business

Eurozone factory slump deepens

Eurozone factories sank deeper into recession in December as new orders tumbled. Surveys of the region’s businesses showed economic decline spread

Eurozone factories sank deeper into recession in December as new orders tumbled. Surveys of the region’s businesses showed economic decline spread

News

EU leaders welcome eurozone banking deal

European finance ministers meeting in Brussels have reached unanimous agreement on a deal paving the way for closer integration in the

European finance ministers meeting in Brussels have reached unanimous agreement on a deal paving the way for closer integration in the

Business

ECB predicts bleak 2013, keeps rates unchanged

The European Central Bank has issued a bleak forecast for the eurozone economy. The experts there said it is likely to shrink next year, as it has

The European Central Bank has issued a bleak forecast for the eurozone economy. The experts there said it is likely to shrink next year, as it has

News

Trading during crisis time

The current economic crisis has been blamed on many factors – from high street banks to government finance departments, from risky trading to

The current economic crisis has been blamed on many factors – from high street banks to government finance departments, from risky trading to

News

Clinton aims to fix future path of US-EU policy

US Secretary of State Hillary Clinton’s upcoming visit to Europe, number 38, is likely to be her last in the office; she is expected to step down in

US Secretary of State Hillary Clinton’s upcoming visit to Europe, number 38, is likely to be her last in the office; she is expected to step down in

News

France reassures Germany over French economy

The French prime minister has used his first visit to Germany since François Hollande became president to reassure his hosts about the French

The French prime minister has used his first visit to Germany since François Hollande became president to reassure his hosts about the French

Business

Europe dips into second recession in three years

Europe has entered a double-dip recession says Eurostat, with the eurozone’s economic output shrinking by a further tenth of one percent after Q2’s

Europe has entered a double-dip recession says Eurostat, with the eurozone’s economic output shrinking by a further tenth of one percent after Q2’s

News

Anti-austerity marches throughout Italy

In Italy, there were rallies were held across the country. Demonstrators expressed their disdain for the German chancellor Angela Merkel, who has

In Italy, there were rallies were held across the country. Demonstrators expressed their disdain for the German chancellor Angela Merkel, who has

Business

Row sparks fears of crisis within a crisis

How much is the debt crisis in Greece highlighting a crisis within a crisis? International lenders clashed over how Athens can bring its debts down

How much is the debt crisis in Greece highlighting a crisis within a crisis? International lenders clashed over how Athens can bring its debts down