BRUSSELS - Falling prices in Germany and France pulled euro zone consumer inflation to a three-year low in April, while imports fell 10 percent in March, as new data showed the depth of the bloc's downturn.
I never thought a truck-driving simulator could be fun, but Euro Truck Simulator 2 proved me wrong. There is something soothing in watching the world go by from the high and mighty cockpit of a Volvo FH16 Globetrotter XL.
The sweeping vision also encompassed a harmonized tax system and the ability for the euro zone to borrow money by issuing its own bonds, a proposal that has been raised repeatedly over the past three years and been roundly rejected by Germany.
The thing is, the euro has repeatedly bounced back. In 2012, for example, it ended the year against the dollar more or less where it started, at around $1.30, despite a summertime blast down to $1.20 or so.
PARIS - Europe slipped deeper into a widespread recession, according to data released Wednesday. But when European heads of state meet next week in Brussels, no big announcements about plans to stimulate growth are expected.
Denmark is shelving indefinitely its euro adoption goal as Prime Minister Helle Thorning-Schmidt says an exchange rate peg without full European monetary membership is proving the best currency regime for the Nordic nation.