The latest European challenge to the all-powerful U.S. credit ratings agencies doesn't come from the continent's financial capital Frankfurt -- but Berlin, better known for raves than banking.
The German central bank's call for people to work until age 69 has reignited a fierce debate in Europe's fast-aging top economy, with analysts backing it while politicians show their opposition ahead of key elections.
A mother with her children buys school supplies on Thursday, Aug. 18 at a supermarket in Englos, France, ahead of the start of the new school year. The average back-to-school costs will remain stable this year, at US$215.33 for a child entering the first year of secondary school, revealed the Families de France, Wednesday, Aug. 17.
Members of the French Communist Party sell fruits and vegetables on Thursday, Aug. 18 at an annual market in Paris organized by the Defense Movement for Family Producers in response to what it says are unfair margins taken by the retail industry.
European stocks rose Thursday as traders reacted to the outlook for U.S. interest rates and Britain's better-than-expected economic health after the country voted to quit the European Union.
Italian Prime Minister Matteo Renzi will meet with German Chancellor Angela Merkel and French President Francois Hollande on an Italian island on Monday to discuss the EU's way forward after Britain's shock vote to quit the bloc.
Britain's decision to stall a Franco-Chinese project to build its first nuclear power plant in a generation has fueled speculation that the new government is reviewing its energy strategy to boost the role of renewables.
From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market.
Long the European capital of techno-driven nightlife, fastidious hipsterdom and low-cost party weekends, Berlin is adding another string to its bow as a vegan haven.
A public stimulus program in Germany would contribute little to lifting global growth, the Bundesbank said Monday, shrugging off calls from eurozone partners for Berlin to increase its spending.