Eurozone
IMF admits 'notable failures' in Greek bailout
The International Monetary Fund acknowledged on Wednesday that it made "notable failures" in the Greek bailout, underestimating how much the austerity measures it... Read more »
Eurozone economy still shrinking
Several economic figures for the 17 EU countries that use the euro all showed the same thing Wednesday — there's no sign of a recovery from recession. Read more »
Eurozone unemployment heading for 20 million
The unemployment rate across the 17 European countries that use the euro hit a record 12.2 percent in April, and the number of unemployed is on track to reach 20... Read more »
Eurozone unemployment heading for 20 million
Unemployment across the 17 EU countries that use the euro is on course to hit 20 million this year, according to figures showing the jobless rate hit another record... Read more »
EU eases pace of austerity to help economy
The European Union moved away from its focus on tough austerity Wednesday when it gave France, Spain and four other member states more time to bring their budget... Read more »
ECB may introduce negative interest rates to spur growth
In a recent press release, the European Central Bank indicated it is keeping an “open mind” concerning the option to move to a negative interest rate on... Read more »
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