Turkey's economy looks to have proved resistant to a slowdown that blighted most of western Europe in the second quarter, helped by a move by firms to refocus on Africa and the
The Greek government's quest to clamp down on tax evaders has netted tens of millions of euros, it said on Thursday, as tax inspectors head to island resorts and rock concerts to
Greece banned cabinet ministers from giving close family members jobs as assistants or advisers on Friday, responding to popular anger when the speaker of the house, in the job for only 24
With three hours of drinking behind them when Angela Merkel entered the sweltering beer tent, the 3,000 Bavarians crammed around long wooden tables gave the German chancellor a warm and rowdy welcome.
German exports unexpectedly edged up in July but imports rose even more, narrowing the trade surplus slightly, data showed on Monday, in a sign Europe's largest economy remains relatively resilient to the
GDP decreased in the Euro zone, Cyprus and Greece in the second quarter of 2012, according to second estimates released by Eurostat, the statistical office of the European Union. GDP decreased by
The euro zone economy will probably contract more than previously expected this year, according to new European Central Bank staff forecasts which also raised the bank's outlook for inflation for 2012/2013. The
The European Central Bank held its main interest rate at a record low of 0.75 percent on Thursday, holding fire after a pick-up in inflation last month offset pressure to breathe life
Cyprus’ inflation reached 2,7 percent in August 2012, on annual basis, from 2,2% in July this year, according to data released Thursday by Eurostat, showing an increase in the inflationary pressures following
European shares edged higher in early trade on Thursday, with investors looking to the European Central Bank to support risk appetite by detailing plans for a new bond-buying programme to help bring
