The European Central Bank is set to hold interest rates at a record low level of 1.0 percent on Thursday and detail the next steps in its gradual withdrawal from emergency lending.
Two people have been killed and seven injured by a large wave which struck a cruise ship in the Mediterranean Sea near Spain, coast guard officials said on Wednesday. A coastguard spokesman
The European Union unveiled its flagship 10-year economic programme on Wednesday, aiming to boost growth and jobs while fighting climate change, but critics say the plan is unrealistic and fear it is
Greek Deputy Foreign Minister Dimitris Droutsas called on Thursday for Germany and its EU partners to send a clear message of confidence in Athens to financial markets, allowing Greece to borrow more
Germany will not offer any aid to Greece on Friday when Chancellor Angela Merkel meets Greek Prime Minister George Papandreou in Berlin, a German government spokesman said on Wednesday. "The visit of
Britain's services sector bounced back faster than expected in February to record its strongest expansion in more than three years, a survey showed on Wednesday. Coupled with a surprisingly robust manufacturing survey
Greece's cabinet approved a sweeping new austerity program on Wednesday, the third in as many months, in a drive to rein in a bulging budget deficit and secure European financial support, a
The Greek government will look at trimming public sector bonuses by 30 to 35 percent when it meets to decide on new ways of cutting budget spending on Wednesday, government officials said.
The European Union executive will unveil a 10-year plan on Wednesday to boost economic growth, create jobs and help steer the bloc safely out of its worst financial crisis in decades. The
Greece must tighten its belt further to reach this year's deficit-cutting target, but it is not yet clear by how much, the European Commission said. Economic and Monetary Affairs Commissioner Olli Rehn
