Eurozone

EU forecasting tepid recovery, high unemployment

Europe's economic recovery will continue into the second half of the year, though at a subdued pace, while unemployment will remain near record highs through next... Read more »

Nov. 5, 2013

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European Central Bank will stress-test key banks

Established in 1998, the European Central Bank, or ECB, has the primary mandate to maintain price stability within the Eurozone. Read more »

Oct. 29, 2013

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Inquiry blames Cypriot ex-president for crisis

The "reckless" economic policies of Cyprus' former president are mainly to blame for the financial crisis that brought the country to near bankruptcy, an independent... Read more »

Oct. 7, 2013

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European recovery gathering momentum

While the U.S. economic outlook has become murkier because of the partial shutdown of the government, the picture in Europe — so long the laggard of the global... Read more »

Oct. 3, 2013

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Italian markets slump amid political uncertainty

Investors are reacting with concern to the possibility that Italy's government might collapse this week, but experts say the political turmoil has not yet reached the... Read more »

Sept. 30, 2013

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Portugal gov't punished for austerity measures

Portuguese voters angry about austerity punished the coalition government's senior party in municipal elections, deepening doubts over whether the debt-heavy eurozone... Read more »

Sept. 30, 2013

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