ECB chief Mario Draghi may be able to pull together a stimulus package that satisfies the markets for now, but only governments can remove the political clouds holding back growth and productivity, Simon Nixon writes.
A year after launching its massive quantitative easing program and three months after expanding it, ECB President Mario Draghi is expected to announce a fresh round of stimulus.
Poland’s top court on Wednesday rejected legislation that would increase the government’s influence over its rulings, deepening a constitutional standoff that is worrying allies.
Spain, Belgium, Croatia, Finland, Italy and Romania have been notified that their budget plans risk breaking the European Union’s spending rules, while many countries are asking for those rules to be relaxed.
Hungary’s president on Wednesday turned to the country’s constitutional court to request a review of an amendment to legislation that would curb access to information about the use of central bank money.
The cola-citrus soft drink called spezi can put off outsiders with its murky, brown appearance. A boutique soda maker from Hamburg is seeking converts outside the German-speaking world.
The European Central Bank faces a challenge at its policy meeting this week: how to combat persistently low inflation without undermining the region’s fragile banks.
The Balkan trail taken by migrants was completely shut down, officials from several countries said, adding to pressure on Europe to complete a deal with Turkey to stem the flow of people.
Demonstrations against government plans to overhaul labor laws highlight a widening rift between President François Hollande and the French Socialists who swept him to power in 2012.
The skeptical response in Germany to the chancellor’s hard-fought deal with Turkey to stem the flow of migrants showed the EU’s most powerful leader on the defensive days ahead of important state elections.
Investigators carrying out the criminal inquiry into former FIFA President Sepp Blatter have seized documents from the headquarters of the French soccer federation in Paris.
Bank of England Gov. Mark Carney said the possible departure of the U.K. from the European Union represents the biggest domestic risk to the country’s financial stability.
Germany’s Finance Minister Wolfgang Schäuble says Greece’s bailout loans means the country doesn’t face any high interest payments or repayments until 2025, so there was no need to take action to reduce future payments now.
German industry fired on all cylinders in January, raising hopes of better-than-expected growth in Europe’s biggest economy this year despite flagging domestic business confidence and the uncertain global economic outlook.
Europe's jail population is dropping. Part of the reason: budget cuts.
EU and Turkish leaders agreed on the outlines of a new deal that would make it easier for the bloc to return migrants to Turkey but said critical details wouldn’t be nailed down until next week.
French President François Hollande is winning the praise of business leaders with plans to make it easier to hire and fire workers but is on a crash course with his party’s leftist base.
The global economy is set to slow over coming months, with growth weakening in most developed economies even as it stabilizes in China, according to leading indicators released by the OECD.
Greece’s international creditors on Monday narrowed their differences over the economic overhauls Athens should implement in exchange for fresh loans, paving the way for a new round of negotiations which could lead to a much-anticipated deal on debt relief.
Cyprus will successfully exit from its bailout program this month despite not completing one final task required by its creditors, eurozone finance ministers said.