BRUSSELS OLLI REHN, the European Union’s top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity. Or at least with being tarred by a term that ... Read more
BRUSSELS OLLI REHN, the European Union’s top economic policy maker and scourge of debt-fueled budget deficits, is fed up with austerity. Or at least with being tarred by a term that “is clearly used ... Read more
MADRID — Miguel Blesa, the former executive chairman of Caja Madrid, which is now part of Bankia, has become the first prominent Spanish banker to enter prison since the start of the financial crisis. He ... Read more
PARIS — The euro zone economy shrank for a record sixth consecutive quarter in the first three months of the year, according to data released Wednesday. But when European heads of state meet next week in ... Read more
PARIS — The euro zone economy shrank for a record sixth consecutive quarter in the first three months of the year, according to data released Wednesday. But when European heads of state meet next week in ... Read more
PARIS — Europe is slipping further into recession. The euro zone economy shrank more than expected in the first three months of 2013, official data showed Wednesday, as France returned to ... Read more
BRUSSELS — Europeans have never been wild about the European Union. With the region sapped by the euro crisis, confidence in the institution and the benefits it was supposed to provide is flagging faster ... Read more
HONG KONG — Chinese factory activity and retail sales picked up a notch in April, according to data released on Monday. But expansion remained underwhelming, analysts said, reinforcing the conclusion that ... Read more
FRANKFURT — Record youth unemployment is emerging as the most urgent problem in the euro zone, if the political rhetoric of recent days is any measure. But leaders are struggling to come up with effective ways ... Read more
Finance ministers from leading global economies on Saturday avoided a public rift with Japan over policies driving down the value of its currency, while keeping up pressure on Germany to help lift growth in ... Read more