September 17, 2013

Low wages, the flip-side to Germany's economic miracle

Chancellor Angela Merkel often boasts during the campaign for September 22 elections that Germany has one of Europe's lowest jobless rates -- at around 6.8 per cent.

September 16, 2013

Euro-Zone Employment Falls Again

The number of people with jobs in the 17 countries that share the euro fell again in the three months to June, as the currency area's economy returned to growth following 18 months of contraction.

September 14, 2013

Euro zone cannot just hope for further recovery - Coene

BRUSSELS (Reuters) - The euro zone may have come out of recession, but economic growth remains low and further reforms are needed to ensure a recovery fully takes hold, European Central Bank Governing Council member Luc Coene told a newspaper on Saturday.

September 13, 2013

Eurozone industrial output slumps in July

LONDON: Any hopes that the troubled eurozone economy was poised for a solid rebound from recession were under threat of being dashed Thursday by figures showing the industrial sector sliding into reverse during July.