Did Europe misdiagnose debt crisis and make it worse?

(Reuters) - At the height of the euro zone debt crisis, with Portugal's economy nearing collapse, the European Commission told the government in Lisbon that it had to slash wages if it was ever going to boost competitiveness and grow again.

Russia woos French business elite as sanctions loom

(Reuters) - Russia sought to woo the French business elite on Wednesday as the threat of tougher sanctions over the Ukraine crisis loom with a Franco-Russian association warning of job cuts in France as a result of restrictions.

Euro strength here to stay, unless ECB steps in

LONDON/FRANKFURT (Reuters) - Many of the factors driving the euro exchange rate to levels that have set off alarm bells at the European Central Bank are unlikely to go away on their own, part of the reason the bank has been threatening action.

UK inflation falls to 1.6% in March

The UK inflation rate as measured by the Consumer Prices Index (CPI) fell to 1.6% in March from 1.7% in February, according to the Office for National Statistics (ONS).

Eurozone industrial output grows 0.2% in February

Industrial output in the 18-nation eurozone grew by 0.2% in February, in line with analysts' expectations.