BERLIN — The leftwing opposition politician who was Germany's finance minister when the euro was adopted says it's time to think about abandonin...
By Clare Kane MADRID, May 1 (Reuters) - Workers hit by lower living standards and record high unemployment staged May Day protests a...
There is no one European identity, no one voice that speaks for the myriad of countries that make up the EU. Before increased monetary and fiscal integration can take place, European leaders need to focus on enhancing their political union.
BERLIN -- Germany's finance minister says the worst of euro area's debt crisis appears to be over after three years of worries over Greece and other m...
* EU-IMF agree on cutting Greek debt-to-GDP level * Aim is to reduce Greek debt to 124 percent of GDP by 2020 * Interest...
European Central Bank (ECB) Chairman Draghi has a very big agenda. Armed with only a printing press, he's pledging to directly bail out the GIIPS (Greece, Italy, Ireland, Portugal and Spain) and indirectly bail out their economies.
By Jan Strupczewski BRUSSELS, Oct 24 (Reuters) - Euro zone government debt rose to 90 percent of the single currency area's gross domestic produ...
* Italian, Spanish bond yields are the new "fear index" * Politicians and public learn the bond market vocabulary ...
Stock markets around the world continue to levitate despite the fact that the fundamentals behind the global economy continue to deteriorate. But that weak and worsening economic data didn't stop investors from sending stocks higher.
With the continuous outpouring of bleak economic data from the EU, many are expressing deep pessimism bordering on despair about the prospects for the sustainability of the monetary union.
BERLIN, Aug 4 (Reuters) - The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in th...
Aside from the risk to the German taxpayers, a failure to come out of this crisis with real reforms sets the stage for an even bigger debacle at a later date. The Germans deserve commendation for their commitment to a united Europe.
Ciudad Real International Airport in central Spain opened in 2009 to much hype and fanfare. The airport, which was meant to handle overflow from Madri...
By Robin Emmott and Francesca Landini BRUSSELS, July 10 (Reuters) - Euro zone ministers agreed early on Tuesday to grant Spain an extr...
BRUSSELS — Irene Fernandez lost her job with Spain's postal service five months ago, a victim of government spending cuts. Since then, she's been ge...
By Gareth Jones and Stephen Brown BERLIN, June 29 (Reuters) - Germany's parliament resoundingly approved the euro zone's p...
BRUSSELS — Top European officials have called on countries that use the euro to surrender more control over their national budgets, a move appar...
Haven't similar experiences in the debt crises of the 1980's, Russia in 1998, and Argentina in 2001 taught us that waiting too long to restructure in situations of clear insolvency can be more costly in the end?
* Greek power prices double due to lower imports, hot weather * Tourism season coming By Karolin Schaps and Tsvetelia T...
When governments announce that the sale of assets, they usually mean industries and companies owned and operated by the state. Greece has something sl...
This crisis is not happening quickly. It's more of a slow-motion train wreck -- Greece's crisis started in 2009. But that leaves a puzzle -- why is the American stock market not reacting to obvious warning signs?
At this grave hour in which the future of Europe and that of the global economy are at stake, let's not forget that European institution-building has always been more effective when based on the national interests of the member states.
ATHENS, Greece -- In Europe's most economically stricken countries, people are taking their money out of banks as a way to protect their savings from ...
Greek voters are tired of the scaremongering, tired of being portrayed as the poster-child for the ills of Europe and tired of the broken promises made by the "major" parties.
Presuming a uniformity of social circumstances and economic opportunity when they do not exist, and cannot be enforced, inevitably leads to peonage for some and riches for others.
