France PM Valls pushes key economic reforms through

The French prime minister has resorted to a rarely used emergency procedure to push through labour market reforms without a parliamentary vote.

Something's got to give in Italy: better it be Draghi with a bag of cheap loans

European Central bank boss Mario Draghi came to London last month to criticise his fellow Italians.

Double ratings boost for Portuguese economy

Lisbon (AFP) - The Portuguese economy has received a double boost as ratings agency Moody's raised its debt rating one notch to Ba2, hours after fellow agency Standard & Poor's upgraded the country's credit outlook.