BERLIN— A closely-watched survey shows German consumers are losing confidence amid growing concerns of an economic slump. The GfK research group said Friday its forward-looking consumer climate index dropped for the fourth month in a row to 9.3 points in December, from 9.4 in November. Germany is set to receive more than 1 million refugees and other migrants...» Read More
Economists Carmen Reinhart and Kenneth Rogoff revealed they have received "hate-filled" and "threatening" emails since their influential research on austerity was exposed as containing a error last week.
The U.K. government has received a damning indictment from the CEO of the world's biggest advertising group, who said that austerity in the U.K. is a falsehood.
The European Central Bank needs to react to aggressive monetary policy in other parts of the world, a former governing council member of the central bank told CNBC.
The European Central Bank would have to raise interest rates if it were looking at Germany alone but it is in a difficult position because of weakness elsewhere, Germany's Angela Merkel said.
The head of the Bundesbank has sharply criticized the European Central Bank's plan to buy the debt of highly indebted states in a confidential report, according to German newspaper Handelsblatt.
Risk appetite returned to European markets on Thursday, as investor confidence got a further boost from the news that the U.K. avoided a triple-dip recession in the first quarter.
Unemployment in Spain jumped to a record 27.2 percent, data showed on Thursday, fuelling a European debate over whether to ditch austerity policies and switch to reviving economic growth.
For most of the past year, bond investors have clubbed Italy and Spain together. But the time has come for bond investors to "decouple" Italy from Spain, argues a strategist.
The French government should be fully aware of the damage high taxes will inflict on France's business-friendly credentials including driving away entrepreneurs, Bernard Charles, CEO of the French specialist software maker Dassault Systemes told CNBC.
The global economy is showing signs of slowing yet global stock markets are back near their highs for the year on growing expectations the ECB will soon join other central banks with a more expansionary policy.
ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room to cut interest rates, such a move would not necessarily help the economy much.
Several experts have all criticized the U.K. government's austerity plan. Yet, finance minister George Osborne is sticking to the controversial policy. Do you think it's time the U.K. finally quits its austerity program?
European shares closed higher on Wednesday, after weak German business sentiment data spurred hopes the ECB might move to cut interest rates when it meets next week.
The European Central Bank needs to by-pass dysfunctional banks through a TARP-like program, said one European CIO.
The sight of the head of the IMF waking up France's top finance official during a crisis meeting over Cyprus illustrates a question that is troubling European diplomats: what has happened to France's voice in Europe?
Expectations that the European Central Bank (ECB) will announce a rate cut is likely to have a limited impact and could end up being a disappointment, analysts said.
European shares closed sharply higher on Tuesday after a positive Spanish bond auction and better-than-expected French manufacturing data buoyed investor sentiment.
Hungary's central bank cut interest rate to a new record low of 4.75 percent on Tuesday, in an attempt to bolster the flagging economy, as inflation has eased to a record low of 2.2 percent.
Recent comments by European Central Bank (ECB) governing board members have the market brimming with anticipation of an imminent rate cut. But according to one of Angela Merkel's top economic advisers, the ECB shouldn't cut rates.
U.S. regulator Gary Gensler said the world needs an alternative to the scandal-plagued Libor.