Under the German-engineered strategy to escape the euro crisis, struggling southern European members must continue to cut public spending, lower wages and grind down prices until they're competitive again.
A majority of entrepreneurs Zeman has met see membership in the euro area as beneficial for their businesses and the country that joined the European Union in 2004 should be technically ready to adopt the common currency in five years, he said at a ...
MADRID May 20 (Reuters) - Spanish department store El Corte Ingles, the country's largest privately held company, said on Monday it had started talks to restructure debt totalling 5 billion euros ($6.43 billion). El Corte Ingles, one of Spain's largest ...
France's 1.42 trillion-euro ($1.83 trillion) market is bigger than the Austrian, Finnish and Dutch government debt markets combined, according to data from respective debt management agencies.
The Bundesbank's lending under the system, a key indicator of underling strains in the euro system, rose to 608 billion euros from 589 billion, although this was still well below the peak of 751 billion euros in August last year before the ECB unveiled ...
JURGEN KLOPP is the most charismatic coach in top-level European football and a cult hero at Borussia Dortmund. This week he takes his Borussia Babes to Wembley to face Bayern Munich in the Champions League final.
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HSBC Holdings Plc (HSBA), Europe's largest bank, forecast that the euro region will prove to be a drag on revenue growth without threatening an explosion in bad debts.
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