Eurozone calm compared to a year ago: Jean-Claude Juncker

BERLIN: The eurozone crisis has eased markedly from one year ago when some doubted its very survival, Luxembourg Prime Minister Jean-Claude Juncker said in Germany on Thursday.

Inaction on global warming 'not an option': Angela Merkel

BERLIN: German Chancellor Angela Merkel warned Monday that in the quest for binding international emissions targets to fight global warming, doing nothing is "not an option".

Q&A: Why investors are wary of Italy's elections

FRANKFURT, Germany (AP) — Investors are keeping a wary eye on Italy as the country heads to the polls Sunday and Monday to elect a new parliament.

Britain isn’t in recession, it’s just not growing, says Bank rate-setter

Britain is not in recession but rather in a persistent period of zero growth, one of the Bank of England’s rate-setters has said.

Bank of England warns UK banks need more capital

Britain's banks do not have enough capital to withstand an escalation in the eurozone crisis, the Bank of England has warned.

EU plans for possible Greek exit from euro - official

The European Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says.

IMF warns of threat to global economies posed by austerity drives

The leaders of the International Monetary Fund, the World Bank and the World Trade Organisation on Friday issued a warning about the economic and social risks of austerity programmes in a "call to action" designed to boost growth and fight protectionism.

Record number of Germans in work in 2011

The number of employed people in Germany hit a new record in 2011, said official statistics published on Monday, with more than half a million jobs created last year in Europe's top economy.