Mariano Rajoy, who finally Spain's prime minister after an eight-year wait, will have to act quickly as the borrowing costs approach euro-era records and the…
Central banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to try to advert a global economic slump stemming from…
The European Central Bank President Mario Draghi pushed back against the politicians and investors asking him to do more to end the sovereign debt crisis,…
The Bundesbank said that growth in Germany, which is Europe's largest economy, may slow to a complete standstill next year as the region's debt crisis…
Antonis Samaras, who is the head of Greece's New Democracy party, was told by the president of the European Commission to quit playing ''political games''…
Eastern European economic growth probably slowed in the third quarter as Europe's debt crisis damped all the demands for exports, the region's main driver for…