Europe

Croatia is becoming the twentieth country to use the euro in a major milestone for a nation of four million people that has long strived for closer integration with the rest of the EU. Croatia's currency, the kuna, has used...

Inflation in the Eurozone areas hit a record high of 10.6 percent in October, up from 9.9 percent in September, according to the data released by Eurostat on Thursday. A year earlier, the rate was 4.1 percent. This represents the...

European Commissioner Margrethe Vestager said Greece is likely to experience high economic growth next year in a meeting with PM Mitsotakis.

The Greek crisis that kept politicians busy in the summer of 2015 has fuelled particularly negative sentiments among business leaders from the non-eurozone countries, according to a report by Deloitte published today (16 November). A second edition of the European...

The economy in Europe's 18-nation eurozone has stalled. After a year of weak growth, the European Union said Thursday the economic fortunes of the countries that use the euro currency flattened in the April-to-June period. The region's three biggest economies failed...

(AP) - The number of unemployed people in the 18 eurozone countries declined fractionally in May, but not enough to bring down the jobless rate, which remained at 11.6 percent compared with a month earlier. The European Union's statistics office,...

Spain, Portugal, Cyprus, Greece and Ireland's banks are in good shape and there will not be any surprises in European Central Bank stress tests due later in 2014, the head of the European Stability Mechanism (ESM) Klaus Regling said...

According to the German newspaper Die Welt, the Vice Chancellor of Germany and Federal Minister of Finance and Energy Sigmar Garbiel described Greece’s matter as something that should mostly concern the World Bank rather than the International Monetary Fund...

The leader of the Eurosceptic party alternative for Germany (AFD) Byrd Luke predicts an inevitable haircut due to lack of primary surplus. Luque Byrd declared that a new Greek debt relief is inevitable and added that Greece will exit the...

By VOA / Lisa Bryant - Hopes that the 17-member eurozone will finally emerge from its economic doldrums this year have faded, with new data Friday showing the recession in the euro area deepening even more than originally expected. There...

Unemployment across the 17-nation euro currency bloc has hit 12 percent for the first time. The European Union's statistics office, Eurostat, said Tuesday that this was the jobless rate in both January and February. In all, it estimated that more...

Nikos Chountis, a Member of the European Parliament from Greece's major opposition Coalition of the Radical Left (SYRIZA) challenged the competency of Eurozone chief  Jeroen Dijsselbloem for his support of partially confiscating the bank accounts of Cypriots to help...

In a research piece in the German newspaper Süddeutsche Zeitung, a majority of managers in Europe and Japan said they expect Greece to leave the Eurozone despite $325 billion in two bailouts from the ECB-EU-IMF Troika. Roland Berger, a German...

The European Central Bank should do more to stem the crisis in the Eurozone because current financial entities are not sufficient, the Secretary-General of the Organisation for Economic Cooperation and Development (OECD) said on Sept. 2. "If you have the...

When Greece makes a $3.98 billion loan payment this month to the European Central Bank, one of its international lenders in bailouts, Germany - which is putting up much of the rescue monies - will reap the biggest profit,...