Euro Zone Edges Toward Stabilization

LONDON--An indicator that has correctly recorded contractions in the euro-zone economy suggests the currency area is edging closer to stabilization after a recession that began in late 2011.

German Business Confidence Rises for a Third Month

German business confidence rose for a third month in July, indicating that Europe’s largest economy is recovering as the 17-nation euro region tries to shake off its longest-ever recession.

French unemployment hits new record as economy struggles

PARIS: The number of jobseekers in France rose to a new record of 3.28 million in June, the labour ministry said Wednesday, as the country's economy struggles to gain a footing.

EU public debt rockets

The debt to GDP ratio in the eurozone has reached a new record of 92.2% as high unemployment, tumbling trade flows and a prolonged recession in the single currency bloc take their toll.

Unemployment set to rise further in euro zone's hardest hit: Polls

LONDON: The queues of jobless people across Spain, Portugal and Greece will lengthen further but an end to recession is within sight, according to the latest Reuters poll on some of the euro zone's most vulnerable economies.