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Eurozone Economy

Eurozone Unemployment Hits All-Time High Again

AP | PAN PYLAS | Posted 08.31.2013 | Business

LONDON — Unemployment across the 17 European Union countries that use the euro hit another all-time high in May, official data showed Monday. E...

Eurozone Gets Some Good News

AP | By PAN PYLAS | Posted 04.03.2013 | Business

LONDON (AP) — Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of econom...

Europe Just Had A Terrible Month

Reuters | Posted 01.23.2014 | Business

* Euro zone composite PMI sinks to 45.7 in Oct * Headline index at lowest since June 2009 * Services PMI also falls slig...

'The Last Positive Piece Of News Out Of Germany For Some Time'

Reuters | Posted 10.13.2012 | Business

* Euro zone economy shrinks 0.2 percent in Q2 * Germany posts slower growth of 0.3 percent * France stag...

The Diminishing Returns of Europe's Bailouts

Richard Barrington | Posted 08.20.2012 | Business
Richard Barrington

By extending credit to Spain's banks, Europe helped stave off the immediate threat of a run on those institutions. However, with its 24 percent unemployment rate, Spain has problems that won't be solved by a quick extension of credit.

If the Economy Turns Down, Let's Prevent a Second Panic

Deepak Chopra | Posted 08.04.2012 | Business
Deepak Chopra

By any measure, America needs to take better care of its citizens, especially in the face of lost pensions and benefits in the private sector. In this election year, both candidates promise jobs, jobs, jobs, but the real issue is human welfare.

The Jamaicanization of Europe

Mark Weisbrot | Posted 07.29.2012 | World
Mark Weisbrot

Jamaica may seem worlds away from Eurozone countries, which are three or four times richer. But they face a common problem, and they could easily mimic the dismal economic performance that Jamaica has seen over the past 20 years.

A Short Note to Obama, Romney, and the Mainstream Media

Mitch Feierstein | Posted 07.21.2012 | Business
Mitch Feierstein

There are some big issues out here. You know, real ones that affect real things in the real world. Issues that may shape the fate of the United States for a generation. Yet these things are barely being discussed.

There Might Actually Be Some Good News For The Eurozone's Economy

Reuters | Posted 05.12.2012 | Business

PARIS, March 12 (Reuters) - The euro zone is showing tentative signs of improvement, the latest monthly readout from the Organisation for Economic C...

Is the Euro Crisis a Financial Re-Run of the 1956 Suez Debacle?

Jean Ergas | Posted 03.06.2012 | Business
Jean Ergas

It is high time for Europe, like the UK was forced to do in 1956, to face up to the fact that the world has changed.

Europe, America and the Leadership Question

Robert Teitelman | Posted 02.05.2012 | World
Robert Teitelman

The real problem here is not that American power is necessarily waning but that a very particular set of ideas has lost its power to convince.

Rebuilding Greece

Thanos Dimadis | Posted 01.15.2012 | World
Thanos Dimadis

The new generation of Greek people is capable of sending a message around the world that although Greece is financially defaulted, it is not a politically declined and nationally humbled country.

Eurozone Economy Sees Paltry Growth As Recession Fears Mount

AP | CARLO PIOVANO and PAN PYLAS | Posted 01.15.2012 | Business

LONDON — Europe appears headed for a recession – if it isn't in one already. Economic growth has all but stopped in Europe, statistics sh...