Former U.K. Treasury chief Geoffrey Howe, a prominent figure in Margaret Thatcher's government who helped bring about her downfall, has died at 88.» Read More
Europe faces a "demographic time bomb" as its population ages and a record amount of young people remain out of work, the director general of the International Labor Organization (ILO) warned on Thursday.
This has not been a vintage year for emerging markets. The once all-conquering BRICs look in disarray.
Euro zone business activity in August was at its strongest level since June 2011, figures released on Wednesday showed, offering hope that the region is on its way to a sustainable recovery.
Whenever Germany thrived, so did the rest of Europe. But that long-held belief is being questioned by its neighbors, which see evidence that the country is taking off without them, the New York Times reports.
The global economic recovery is at risk of being derailed if the “unconventional” monetary policies which have injected cheap loans into the financial system are not maintained, the Organisation for Economic Co-operation and Development has warned.
Manufacturing activity in the euro zone rose to its highest level since June 2011 in August, as the sector expanded across the majority of countries in the region.
Business confidence and economic sentiment in the euro zone saw a sharp improvement in August, but unemployment remained at a record high across the 17-nation bloc, putting a dampener on expectations for the region's economic recovery.
Germany's youth apprentice schemes have been hailed as the country's biggest weapon against youth unemployment, and some argue they boost the economy too.
The pressure on Italy's fragile Italian coalition government may have eased after ministers agreed to abolish an unpopular real estate tax, but some analysts warned that this political stability would come at a cost.
German consumer confidence eased slightly heading into September, albeit remaining close to its highest level in nearly six years, as shoppers worried about creeping inflation.
The U.K.'s service sector grew to its highest level seen since before the financial crash of 2008, according to a new report released on Tuesday.
Bank of England (BoE) Governor Mark Carney will make his first public speech on Wednesday and analysts expect him to try and persuade businesses that interest rates will remain low for the foreseeable future.
A housing crash, rising unemployment and weak growth leaves the AAA-rated Netherlands teetering on the brink of a credit downgrade. But analysts said more is at risk than the country's perfect credit rating.
Britain's economy grew faster than expected in the second quarter, benefiting from a broad-based pick-up in activity that looked to have put the country's recovery on a firmer footing.
The global economy showed signs of improvement on Thursday with factory output improving in two of the world's largest economies.
Portugal delivered a surprise on Wednesday, posting the euro zone's strongest growth in the second quarter, but political fragility is still concerning analysts.
The euro zone's debt crisis is far from over and could pose a risk to the region's recovery, according to analysts, despite its economy returning to growth.
Financial difficulties and social unrest may be the least of Europe's problems, according to crime experts, who warn that the continent's economic woes mean it risks a rise in human trafficking, counterfeit products and illegal migration.
The euro zone posted 0.3 percent growth in the second quarter of 2013 from the first, beating expectations for 0.2 percent growth and signaling the end of the longest recession in continental Europe in over 40 years.
One-half of U.K. young people who are not in full-time education have never held a job, a leading U.K. think tank said on Wednesday, ahead of the release of the country's official monthly unemployment numbers.