Tuesday, June 3, 2014
Even before Spain's economic crisis engulfed her home, Patricia Martin struggled to provide for her three children on her husband's street sweeper salary of around 900 euros (US$1,200) a month.
Inflation in Germany, Europe's biggest economy, it set to slow in May, data showed on Monday, turning up the pressure on the European Central Bank (ECB) to act and avert deflation, analysts said.
Monday, June 2, 2014
The rice fields around Vercelli in northern Italy stretch as far as the eye can see with the snow-capped Alps behind.
Britain is leading the way in so-called “zero-hours” contracts that keep employees available but with no guarantee of work — and other countries are watching with interest.
Saturday, May 31, 2014
Spain reported Friday a feeble increase in consumer prices in May as the eurozone struggled with the specter of an economically damaging deflationary spiral.
Friday, May 30, 2014
Robert Nilsson, a 25-year-old mechanic in Sweden's second city Gothenburg, may be the harbinger of a future where people work less and still enjoy a high standard of living.
Wednesday, May 28, 2014
A proposed solution to a dispute over Ukrainian natural gas debts to Moscow would see Ukraine's gas company pay US$2 billion to Russia's Gazprom this week and trigger talks on the price Kiev should pay for future deliveries as it tries to avert a supply cutoff, a top European Union official said Monday.
Tuesday, May 27, 2014
Consumer confidence in Germany remains steady following recent gains, a new poll found on Monday.
Monday, May 26, 2014
Once the preserve of the ultra-rich and celebrities, a flight on a private jet is now available for as little as 550 euros an hour, with technology and competition helping to bring down sky-high prices.
Saturday, May 24, 2014
Standard & Poor's rating agency has upgraded Spain's sovereign credit grade a notch, the third agency to do so in recent months and a further sign the country is turning the corner after five years of economic turmoil.