This is an occasional series on who is losing their job amid the European debt crisis, and who is replacing them. IN: Yannis Stournaras is Greece’s new finance minister – appointed after his predecessor resigned less than a week into...

Consumers in the periphery of the euro zone have been slowly squeezed since the introduction of the euro. Prices consumers pay in peripheral nations are getting higher in relation to labor costs compared with countries including Germany. Prices in Germany...

The Spanish Ministry of Health is planning to ask patients to start paying for as many as 450 drugs that up until now had been offered free on the national health service. The cuts will save the government as much...

The former president of the European Central Bank, Jean-Claude Trichet, never tired of repeating at the ECB press conferences that the bank had achieved wonders in terms of price stability in the euro zone – keeping inflation at or below...

Cypriot hoteliers and restaurateurs may be adding Chinese to their menus in coming years. The government of Cyprus is considering the Chinese option as it looks for the best bailout for the eastern Mediterranean island’s banks after Greek investments soured....

As eyes turn toward the European Union summit meeting on June 28-29 in Brussels, there are two approaches being taken by those attending. Italy’s Mario Monti is stoking the view that the EU must produce a blueprint for tighter fiscal...

The face-off between Germany and Greece is about to become much more popular on television. Greece plays Germany today in the second quarterfinal of the European Championship in Gdansk, Poland. Three-times champion Germany will be supported by Chancellor Angela Merkel...

Spanish banks may need as much as 62 billion euros extra capital to survive the worst-case economic scenario, according to Oliver Wyman Ltd. and Roland Berger Strategy Consultants, the two firms called in to assess how big a bailout Spain...

The Spanish government is pushing back against banks that have been passing the costs of trimming staff numbers onto the taxpayer. Prime Minister Mariano Rajoy is completing new rules that mean banks won’t be able to fire employees aged over...

Spanish banks will be back in the limelight tomorrow, when the two auditors charged with assessing the capital needs of Spain’s banks, Oliver Wyman Ltd. and Roland Berger Strategy Consultants, are expected to publish the conclusion of their stress tests....