Finland after the boom: 'Not as bad as Greece, yet, but it's only matter of time'

A sudden flurry of spring snow has dusted the steps of an evangelical church in central Oulu, northern Finland, where about 100 people are crowded together for a Friday sermon. But perhaps the true object of their devotion is inside black binliners by the door.

Euro crisis firms German power, 25 years after Berlin Wall

PARIS: "We beat the Germans twice and now they're back," then British prime minister Margaret Thatcher reportedly said after the Berlin Wall fell in 1989, expressing her fears a reunited Germany would grow to dominate Europe.

Spain’s economic recovery gathers momentum

Spain’s economic recovery gathered momentum between July and September, with growth for a fifth consecutive quarter. The economy grew by 0.5% in the third quarter, according to the country’s statistics office.

Eurozone crisis, five years on: no happy ending in sight for Greek odyssey

Greece loves its epic tales and the greatest of them is the story of Odysseus, the hero who took 10 years to find his way back to Ithaca at the end of the Trojan War.

The eurozone is starting to recover. Now the new phase of its crisis begins

Brace yourself for the next phase in the eurozone crisis, due to come around any time soon. That might seem an odd thing to say.

Emerging economies suffering eurozone fallout, EBRD warns

The damage being inflicted on some emerging economies by the continuing eurozone crisis was highlighted on Friday by new figures from the European Bank for Reconstruction and Development.

Eurozone crisis to be over by September, predicts RBI Governor D Subbarao

NEW DELHI: If RBI Governor D Subbarao's prediction is anything to go by, the Eurozone crisis is likely to be over with expiry of his term in September this year.

Is this the year that the eurocrisis ends?

The European Central Bank has moved to shore up the euro, investors are more confident, and European leaders are surprisingly upbeat.But critics warn that Europe is not out of the woods.

The Euro Crisis: When Will It End?

The eurozone crisis is over two years old now. It’s no longer crawling. This baby is walking and has a mind all her own. And my, what an ugly little critter this kid is, isn’t she?

IMF demands eurozone intervenes to contain debt crisis

The International Monetary Fund (IMF) last night called for a "policy game changer" in the eurozone to arrest the spread of the debt crisis it says is engulfing the entire currency bloc and its smaller neighbours.

Debt crisis: Sir Meryvn King warns of eurozone's 'black cloud of uncertainty'

The eurozone crisis has created a “great black cloud of uncertainty” Sir Mervyn King warned, as Germany’s Constitutional Court threatened to derail plans designed to take the region forward.

Andrew Tyrie urges IMF to lead the fight against the eurozone 'fire', sees Greek exit from euro

The International Monetary Fund must take decisive control of the eurozone crisis or risk a “global economic fire”, Andrew Tyrie, the chairman of the Commons Treasury Select Committee, has warned.

Greek euro exit could throw UK 'into long-term recession'

Greece leaving the euro could plunge Britain into a recession that would cause lasting damage to the economy, the chair of the Office for Budget Responsibility, Robert Chote, has said.

UK trade deficit widens as exports slip

Economists said figures from the Office for National Statistics (ONS) suggested the economy failed to achieve any growth in the first three months of the year, when the trade deficit on goods and services rose to £3.4bn in February from £2.5bn – far worse than forecasts of an improvement to £2bn.

IMF warns date for passing quota reforms nearing

WASHINGTON: The International Monetary Fund on Friday warned that endorsements of its 2010 plan to double its resources remain far shy of what is necessary for approval.

Obama to meet Italian PM on euro crisis

WASHINGTON: Barack Obama turns his focus Thursday to a crisis that could conceivably end his presidency, but over which he has little control, welcoming Italy's Prime Minister Mario Monti for Europe debt talks.

Merkel and Sarkozy rule out talks on eurobonds

German Chancellor Angela Merkel and French President Nicolas Sarkozy will not discuss the controversial question of eurobonds when they meet on Tuesday to discuss the eurozone crisis, spokesmen for both governments said on Monday.

"Eurobonds will play no role in the talks," government spokesman Steffen Seibert said.

Currency Guru Stephen Jen Gives 4 Reasons The Euro Crisis Will Only Get Worse

Can't get enough Eurozone crisis? We've got you covered with the most recent commentary from Stephen L Jen, the former Morgan Stanley currency guru who's know running SLJ Macro Partners.

He spells out four non-cliche reasons why the situation in Europe is so challenging, and will only get worse.

Five ways to solve the eurozone crisis

Myths and misinformation feed in to a general lack of ideas about how to save the eurozone

The crisis of the eurozone seems to be going from bad to worse. Not only have the key players not yet found convincing solutions for the fiscal problems in Greece, Ireland and Portugal but we are already witnessing the beginning of a political backlash that could undermine the achievements of decades of European integration. There is generally a lack of ideas about what needs to be done to turn things around so here are my suggestions: