Billionaire investor George Soros has warned European leaders they have a “three-month window” to save the euro. He said he believed Greece would elect a government willing to abide by loan conditions imposed by...
With Europe beginning to look for alternatives to its exclusive focus on austerity, the German government has developed a six-point plan to foster economic growth in Europe, SPIEGEL has learned. Included in the proposal is...
Activity at European businesses hit a near three-year low in May, according to a survey by Markit. Its index, based on a survey of purchasing managers in the manufacturing and service sector, fell to...
Greece may have only a 46-hour window of opportunity should it need to plot a route out of the euro. That’s how much time the country’s leaders would probably have to enact any departure from...
Iran and six world powers are meeting in Baghdad hoping to silence what President Barack Obama called the “drums of war”, as Britain said that it was examining its options should war break out...
(Reuters) – Thousands of people in northern Italy slept in tents and cars overnight as more than 100 aftershocks rocked the area hit by a magnitude 6.0 earthquake that killed seven people and inflicted...
Ireland, seen as the eurozone’s “poster child” for implementing austerity, could require a second bailout, economists warned. As households struggle to pay their mortgages, the country’s rescued banks may need €4bn (£3.2bn) more to...
(multimedia) European politicians failed to see that the single currency’s existence is in peril, trying to blame the system’s failures on individual countries, Aditya Chakrabortty, lead economics writer for The Guardian newspaper, gives his perspective...
(Reuters) – Spain’s borrowing costs shot up at a bond auction on Thursday, after economic data confirmed the country is back in recession and reports of an outflow of deposits from nationalized Bankia hammered...
The United States is leading what it described as the “largest militaryexercises in the Middle East in 10 years” in Jordan on Tuesday. Eager Lion 2012 “is the largest exercise held in the region in...
