Greece

Wages in Italy are rising more slowly than prices, adding to the pressures on households that are already facing higher taxes and cuts in public services. Wages rose an average of 2.1 percent in the 12 months to the end...

Radical political writing is providing some European publishers with surprise successes amid the debt crisis. In Madrid, one book that has sprung back from nowhere this week is Karl Marx and Friedrich Engels’ Communist Manifesto, which first came out in...

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...

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...

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...

“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...

Most Greeks agree with the G-8 leaders who asked the country to stay in the euro after their meeting in the U.S. over the weekend, according to Metroscopia in El Pais. For all the talk of a Greek exit from...