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In France, an encore for recession
Stephen Beard May 15, 2013
France today entered a double-dip recession. It depends on exports to Italy and Spain and they, like many eurozone nations, are still feeling the pinch. Europe's slump is dragging down the global economy.
Austerity on agenda as G7 meets near London
Stephen Beard May 10, 2013
As the G7 gathers near London, austerity is on everyone's mind.
EU faces second year of recession
Stephen Beard May 3, 2013
For the first time in history, the 17 nations that use the euro are headed for two years of back-to-back recession, according to the European Commission.
European Central Bank cuts interest rate to record low
Stephen Beard May 2, 2013
The European Central Bank (ECB) has cut interest rates to a record low of 0.5 percent. But how much stimulus can the ECB really provide?
Is anti-austerity fever cooling off in Greece?
Mark Lowen May 1, 2013
Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
What's up, Europe? In Italy, a new government
Bethany Bell Apr 29, 2013
Italians have a new government but can one man reverse the country's financial decline?
Greece keeps cutting while France looks for growth
Andrew Walker Apr 29, 2013
Two European countries have come out with very different ways to tackle their economic problems.
New Italy prime minister to move away from austerity
Stephen Beard Apr 25, 2013
Enrico Letta, of the center-left Democratic Party, has announced that he intends to fight the move towards austerity in Europe, and investors applauded.
As Germany stumbles, will the rest of Europe fall down with it?
Stephen Beard Apr 23, 2013
Linked by a common currency, the countries in the euro zone are roped together like climbers scaling a cliff face. If one or more loses their footing, the rest could come crashing down.
Chinese refashion Italy's textile industry
Sylvia Smith Apr 22, 2013
Chinese manufacturers have moved to Italy and set up garment factories. They excel at making garments fast and cheaply, but some Italian manufacturers are unhappy with their presence.
