Germany’s Euroskeptic AfD Party Gains Support
As Mario Draghi and the European Central Bank’s governing council deliberated on rates in their high-rise headquarters in Frankfurt Thursday, euroskeptic political hopefuls were at their doorstep,...
View ArticleEuro-Zone Unemployment Unlikely to Fall Quickly
The euro zone may have emerged from recession this year, but unemployment is unlikely to fall quickly with companies less likely to hire staff in the final three months of the year than they were...
View ArticleBarroso: End to Crisis ‘Within Sight’
Europe must move ahead on its banking union project to help the region exit an economic and debt crisis whose end is now "within sight," the European Union's top official said Wednesday.
View ArticleLottery-Ticket Owner Hands in Lotto Slip Worth €4.7 Million
If you lost a lottery ticket in the Spanish city of Corunna last year, you are in luck: it won a €4.7 million ($6.2 million) prize. The difference being that the unclaimed slip of paper was handed in...
View ArticleGreece: Extremism and Austerity
A recent wave of politically motivated violence has shocked Greece and once again stoked fears about civil unrest in Europe’s most indebted country. But for Greece’s government, struggling to implement...
View ArticleFrench Regions Face Welfare Squeeze
With its budget for 2014, the French government stressed what it called unprecedented efforts to control spending, while resorting less to new taxes. Slow growth, however, has raised the burden on the...
View ArticleSigns of Improvement in Spain? Look to Prepaid Mobile Phone Cards
Signs of economic improvement keep springing up in Spain. The latest: Spanish residents are recharging prepaid mobile phone cards at a faster rate than last year.
View ArticleProblems Building for ECB Skyscraper
More than a decade in the making, over budget by up to €350 million ($480.8 million) and already too small—these are the problems the European Central Bank is facing now with its brand new skyscraper.
View ArticleThe Troika Takes Fright in Greece
After four years of facing down angry protests, cantankerous unions, masked rioters and ornery Greek politicians, visiting budget inspectors got a real fright when they visited Greece’s finance...
View ArticleSpain’s Unpaid CERN Dues Collide With Business Interests
One might think that being late in paying dues to a laboratory of particle physics someplace in the Alps is no big deal. One would be wrong. Take the case of Spain.
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