German industrial orders rebound strongly in June
BERLIN: German industrial orders, a key measure of demand for goods at home and abroad, rose 3.8 percent in June from the level in May,...
eurozone crisis
Eurozone crisis cools, but unemployment at record
by AFP
BRUSSELS: The economic crisis in southern Europe may be easing, a key survey signalled on Monday, but unemployment figures showed the eurozone jobless rate hit...
German exports see knock-on effect of eurozone crisis
by AFP
BERLIN: German exports, the driving force of Europe’s top economy, are being weighed down by the eurozone debt crisis, data showed Friday, amid otherwise promising...
Cyprus hopes to see more cash controls lifted
by AFP
NICOSIA: Cypriots hoped for further relaxation of the first capital controls in the eurozone Saturday after authorities on the bailed-out island dropped domestic restrictions on...
Juncker bows out as firefighter for cooled eurozone crisis
by AFP
Brussels: Luxembourg premier Jean-Claude Juncker chairs his last meeting of Eurogroup finance ministers on Monday after years battling the debt crisis, before handing over to...
ECB takes rate cuts off table as eurozone woes ease
by AFP
Frankfurt: The European Central Bank held its key interest rates steady Thursday and looked set to keep them there for some time to come amid...
EU leaders douse hopes of radical overhaul
by AFP
Brussels: Europe’s leaders wound up another crisis-hit year at their last 2012 summit on Friday, trumpeting deals to save Greece and monitor banks but kicking...
Greek deal buys time, but drift towards debt write-down: analysts
by AFP
Brussels: A deal struck Tuesday to cut back Greek debt to creditor countries and the IMF paves the way for easier cashflow management in Athens,...
Eurozone finance ministers edge towards Greek bailout deal
by AFP
Brussels: Greece looked likely Tuesday to get the bailout funds it needs to avoid bankruptcy at an emergency European finance ministers meeting called to try...
Eurozone downturn ‘gathers pace’ in October
by AFP
Brussels: Private sector business activity across the eurozone shrank at its fastest rate in three-and-a-half years in October, a key survey showed on Tuesday....