IMF On Greece: We Screwed Up But It's Really The Eurozone's Fault

For Euro crisis enthusiasts, today’s IMF review of its Greek program is a real treat. By official standards, the document is thoroughly honest and clear.

IMF trims German 2013 growth forecast to 0.3 per cent

FRANKFURT: The International Monetary Fund lowered Monday its forecast for German growth this year, but predicted that Europe's biggest economy will experience a recovery in the second half of 2013.

Italy April Unemployment Rate Rises to New Record

ROME--Italy's unemployment rate hit an all-time high of 12% in April, official data from Istat showed Friday.

Euro to Rally as ECB Fails to Implement Negative Rates

The Euro was a top performer this week despite flashes of excessive volatility – the EURUSD saw prints close to $1.3100 and 1.2800 – as a slight uptick in data coupled with general anxiety over several of the single currency’s counterparts allowed gains to be found.

Eurozone unemployment rate hits record high

Unemployment in the eurozone touched a fresh high in April, fuelling fears that the deepening jobs crisis threatens the social fabric of the currency bloc.