Βig question mark hangs over future of Greece’s largest bank
As Greek banks prepare for their imminent recapitalization, speculation mounts over whether or not they will be able to come
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euro zone
Euro zone annual inflation down to 1.2% in April
Euro zone annual inflation was 1.2 per cent in April, down from 1.7 per cent a month earlier, European Union’s
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European recession now longer than 2008 financial crisis
The Eurozone economy shrank more than expected in 2013, falling two tenths of one percent between January and March. The
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European Central Bank cuts euro zone interest rate to record-low 0.5%
The European Central Bank governing council said on May 2 2013 that it was cutting its benchmark interest rate to
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Shrinking EU economies deepen austerity divisions
Alongside Germany, France has been in the driving seat of European integration, but figures released Thursday show over 3.2 million
Read moreEconomic sentiment worsens in EU, euro zone in March 2013
In March 2013, the Economic Sentiment Indicator (ESI) decreased in both the euro area and the EU, putting on hold
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EU officials: Cyprus, lenders reach bailout deal
Cyprus has avoided bankruptcy by agreeing to a bailout deal that includes the closing of the island nation’s second largest
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Cyprus secures bailout from euro zone, IMF
Eurozone finance ministers and the International Monetary Fund have struck a deal to give cash-strapped Cyprus a bailout worth $13
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Despite setbacks, EU leaders upbeat on economic turnaround
Despite rising protests against austerity, European leaders agreed in Brussels that tough measures to turn around the region’s economy are
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