September 19, 2013

Merkel Rejects Joint Euro Debt, Promises to Stay Hard Course

German Chancellor Angela Merkel told supporters she’ll stand as a bulwark against joint debt in the euro area if she’s re-elected in four days and continue to extract conditions from indebted nations.

September 18, 2013

French public debt to rise to 95.1 pct of GDP by end-2014: Report

PARIS: France's public sector debt will rise to 1.95 trillion euros by the end of 2014, or 95.1 percent of economic output, up from 93.4 percent of GDP this year, a media report said on Monday.

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.