May 17, 2013

Germany can't stop euro zone from sinking into longest recession

(Reuters) - Germany's economy crept back into growth at the start of the year but not by enough to stop the euro zone from contracting for a sixth straight quarter, and France slid into recession.

May 16, 2013

Hungary Exited Recession in First Quarter, Poll Says

Hungary’s economy probably exited its second recession in four years in the first three months of 2013, posting growth from the previous quarter for the first time since 2011, a survey of economists showed.

May 15, 2013

Europeans disillusioned and divided by debt crisis, survey finds

Public support for the European project has fallen and distrust between countries is growing, according to a new survey released overnight that shows the damage caused by the region's debt crisis over the last few years.

May 14, 2013

Cyprus receives EU-IMF bailout funds

Cyprus has received the first instalment of a 10bn-euro bailout package from international creditors, which was agreed earlier this year.

May 13, 2013

Spain, Portugal meet to find ways to help economy

MADRID (AP) — Spain and Portugal's premiers are meeting to discuss the economic turmoil plaguing their countries and the measures the European Union should take to ease the crisis.