Germany’s jobless rate has fallen to a two-decade low of 6,7 percent. Meanwhile, across the border in France, “President Francois Hollande ended his first two weeks in office with a thud,” Helene Fouquet and Mark Deen report, after jobless claims...

Brussels has kicked open the door to direct bank aid from the euro-area rescue fund, the European Stability Mechanism, James Neuger reports. Banks should be able to go straight to Europe to seek a capital boost rather than depending on...

Spain’s banking experts are falling in rapid succession. The governor of the Bank of Spain, Miguel Angel Fernandez Ordonez, has resigned a month before the end of his term. He has quit three weeks after Rodrigo Rato said he was...

Germany’s Angela Merkel is hunting for alternatives to her austerity mantra. She needs a new message after her line was eclipsed by French President Francois Hollande’s election on a push-for-growth agenda. Among the proposals lined up by Merkel’s advisers, Der...

It’s not just bondholders who are worried about getting paid as the euro debt crisis rolls on. The effects of the debt crisis are about to become very real for some doctors and patients in Valencia, Andalusia, Castilla-La Mancha and...

Greek opinion polls over the weekend showed a shift among voters toward support for country’s membership of the euro zone. From the polls, you might think the June 17 general election has become nothing more than a referendum on euro...

This is the first of a semi-regular series on new faces replacing old ones in Europe’s governments and the European institutions. The financial crisis has forced out whole governments, as in Greece and Italy, and brought about a shift in...

One European bank that is getting ready for a wave of clients withdrawing money, spooked by uncertainty over Greece’s future in the euro ahead of the country’s elections on June 17, is Austria’s Raiffeisen Bank International AG. The bank has...

Spain’s regional governments have much to answer for in the country’s financial crisis. Not only were regional authorities largely responsible for political interference in the local savings banks, the Cajas, which contributed to their demise, but they also ran up...

“I can’t really see what the great attraction is for Greek voters” of their country leaving the euro, said Jim O’Neill, chairman of Goldman Sachs Asset Management. In this interview with Francine Lacqua, O’Neill said that “If you put a...