Eurozone industrial output in surprise slump

LONDON (AP) -- Industrial production across the 17 European Union countries that use the euro unexpectedly slumped in October, official figures showed Wednesday, in another sign that the region's recession is getting worse and weighing on big economies like Germany.

German economy grows by 0.7 per cent in second quarter

BERLIN: The German economy, Europe's biggest, gained steam following a weak start into the year, growing by 0.7 per cent in the April-June quarter compared with the previous three-month period, the country's Federal Statistics Office said on Wednesday.

French unemployment hits new record as economy struggles

PARIS: The number of jobseekers in France rose to a new record of 3.28 million in June, the labour ministry said Wednesday, as the country's economy struggles to gain a footing.

Euro zone output down in May as recovery remains fragile

BRUSSELS (Reuters) - Euro zone factory output fell in May for the first time in four months, data showed on Friday, suggesting a fragile and uneven recovery in the bloc that is struggling with record joblessness and renewed political tensions in southern Europe.

Euro zone industrial output shows surprise rise in April

BRUSSELS (Reuters) - Industrial output from euro zone factories defied market expectations of a month-on-month decline and rose in April, data showed on Wednesday, but the pace of expansion was slowed by a drop in production of energy and durable consumer goods.

Euro Rallies as German Factory Orders Diverge from PMI Result

German manufacturing orders increased by 2.2% in March (seasonally adjusted), thereby vastly outperforming expectations for the factory orders to decline by 0.5%, and the March rise in orders was the same as the revised 2.2% rise reported in February.

Euro Area Faces Recession as Breakup Risk Remains, E&Y Says

Dec. 15 (Bloomberg) --The euro-area economy is likely to slip back into a recession and its leaders’ new plan to end the debt crisis hasn’t completely eliminated the risk of a breakup of the currency region, according to Ernst & Young LLP.