Britain's economic growth accelerates in Q2, helped by trade

LONDON, Aug 28 (Reuters) - Britain's economy gathered speed in the second three months of 2015, boosted by a jump in exports and business investment in the latest sign that the recovery is broadening out.

Hungary GDP Growth Slows More Than Forecast in 2Q on Agriculture

Hungary’s economy grew less than forecast by analysts as a drop in agricultural output pushed the pace of expansion below 3 percent for the first time in seven quarters.

Greek economy surprises, returns to growth in second quarter

Greece's economy unexpectedly returned to growth in the second quarter despite political turmoil and the threat of a Greek euro zone exit, data showed on Thursday.

Black economy clouds Spain's recovery from crisis

Madrid (AFP) - Many of Spain's five million unemployed dream of finding a steady job in the economic recovery vaunted by the government -- but a legion of undeclared workers still scrape by cash-in-hand.

Greece pledges to get rid of tax evasion as a way of life

ATHENS, Greece (AP) — Dimitris Bokas keeps meticulous records of the bathroom fixtures he sells from his small shop in the quiet middle-class residential neighborhood of Koukaki near the center of Athens — just in case a tax inspector makes a surprise visit to ensure Greece's 23 percent sales tax is being collected and reported correctly.

Italy cuts 2015 deficit goal to win EU approval for budget

(Reuters) - Italy on Tuesday cut its target for the 2015 fiscal deficit to 2.6 percent of gross domestic product from 2.9 percent, having toughened its budget plan for next year in response to changes requested by the European Commission.

Rapid UK economic growth slows slightly in third-quarter

(Reuters) - Britain's rapid economic recovery eased in the three months to September, as services output growth slowed and manufacturing expanded at the weakest pace in 18 months, official data showed on Friday.

France produces 'no austerity' budget, defying EU rules

PARIS: France intensified a showdown with its European Union partners Wednesday by unveiling a "no austerity" budget that aims to bring its deficit within European guidelines two years later than previously promised.

France dodges rating downgrade - for now

(Reuters) - Moody's spared France a fresh downgrade of its debt rating on Friday even though Paris has overrun its deficit targets, warning the outlook was negative in light of difficulties pushing through reforms.

S&P raises Greece by one notch in latest ratings boost

(Reuters) - Standard & Poor's raised Greece's credit rating by one notch on Friday, the latest ratings boost for the debt-laden country, and said it expected Athens to continue reporting budget surpluses before interest payments in the next few years.

Euro-Area Pickup Stalls as Big Economies Fail to Grow

The euro area’s recovery unexpectedly stalled in the second quarter as its three biggest economies failed to grow, underlining the vulnerability of the region to weak inflation and the deepening crisis in Ukraine.

FOREX-Euro slides below $1.34, eyes on Fed and U.S. GDP data

LONDON, July 30 (Reuters) - The euro fell below $1.34 on Wednesday for the first time since last November on concern that German inflation data due at 1200 GMT will add to the case for the European Central Bank to pump more money into a struggling economy.

EU can be flexible on fiscal consolidation, but reforms first: officials

(Reuters) - The European Union could be flexible about the time members need to fix their budgets if they reform to boost growth, but it must first have proof such efforts are taking place, EU policymakers said on Thursday.

Greek economy shrinks at slowest pace since 2008

(Reuters) - Greece's economy shrank in the first quarter at its slowest annual pace since late 2008 when its protracted recession began, data showed on Friday, supporting projections that Athens will emerge from a crippling six-year slump this year.

Euro Zone Budget Deficit Hits Post-Crisis Low

The combined budget deficit of the euro zone's 17 governments fell below the currency area's target in the final quarter of last year, for the first time since the onset of the financial crisis in 2008.

Euro Zone Government Debt Falls For First Time Since Crisis

The debts of euro-zone governments fell in the three months to September, the first decline since the end of 2007, and an indication that the currency area may be getting on top of one of its most pressing problems.

European Stocks Little Changed Following Two-Week Advance

European stocks were little changed after a two-week rally pushed the Stoxx Europe 600 Index to a six-year high. U.S. equity-index futures were also little changed, while Asian shares dropped.

Germany's Economic Growth Slows in 2013 as Euro-Zone Crisis Weighs

BERLIN--German economic growth slowed in 2013 amid uncertainty stemming from the euro-zone crisis, the federal statistics office Destatis said Wednesday.

Eurozone brushes with normal as investors return

PARIS: The Eurozone may be finally returning to some semblance of normality after years of debt crisis that brought fear to the world.

In landmark for EU, Ireland leaves its bailout behind

DUBLIN, Dec 13 (Reuters) - Three years after going cap in hand to international lenders to avert bankruptcy, Ireland has officially ended its bailout in a landmark for the euro zone's efforts to resolve its debt crisis.