LONDON (Reuters) - The euro zone creaked under the weight of record unemployment at the end of 2011 while jobless rates in Germany fell to historic lows, putting the onus firmly on Europe's top economy to take the lead in steering the struggling region back to recovery.
February 01, 2012
January 31, 2012
Eurozone leaders sign up to budget controls
European leaders agreed on a permanent rescue fund for the eurozone, and 25 out of 27 EU states backed a fiscal pact for stricter budget discipline in the eurozone, while a deal on Greek debt is expected in "days".
January 30, 2012
Greece and the euro
THE banners at the entrance to the Bank of Greece museum in Athens promise a “fascinating journey through Greece’s modern economic and monetary history”.
January 27, 2012
Euro-Zone Crisis Continues To Drive Global Credit Outlook
LONDON -- Fitch Ratings said Thursday that negative rating outlooks on global corporates are rising as an effect of the intensification of the euro-zone crisis in the second half of 2011.
January 26, 2012
Swedish Opposition Rejects EU Pact
STOCKHOLM—Sweden's largest opposition party has come out against signing up to the latest version of the European Union's fiscal pact, suggesting Prime Minister Fredrik Reinfeldt's minority government is facing a struggle if it wants to win enough lawmaker support for the country to join.
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