Denmark, Germany benefit most from EU market

28.07.14 @ 18:04

The Danish and German economies have benefited most among EU countries from the expansion of the bloc's single market between 1992-2012, a study shows.


Multi-billion losses expected from Russia sanctions

28.07.14 @ 09:49

The economic impact of 'stage three' sanctions is projected to cost the EU €40bn this year and €50bn in 2015.

Poll: French most pessimistic about economic future

25.07.14 @ 16:57

Europeans feel a bit more positive about the EU than they did late year, a new survey shows, while the French are among the most pessimistic about their economic future.

Deutsche Bank under fire in the US

23.07.14 @ 09:16

Two separate reports by the US central bank and the Senate have criticised Deutsche Bank for having internal irregularities and for helping investment funds to avoid taxes.

Banking union faces legal challenge in Germany

28.07.14 @ 09:28

Germany's constitutional court is once again to be a testing ground for the eurozone's reponse to the financial crisis as a group of academics has filed a case arguing that the banking union is illegal.

Russia angst sees EU energy efficiency targets watered down

23.07.14 @ 17:26

The EU commission has tabled a plan to increase the bloc's overall energy efficiency, but it watered it down amid fears of Russian gas supplies being cut in the ongoing Ukraine crisis.

France and Germany in tussle over EU economics post

21.07.14 @ 09:22

Germany and France are locked in a tussle about who should be the next EU economic affairs commissioner, a decision that will send a key symbolic message.

Don't touch EU stability pact, warns ECB's Draghi

15.07.14 @ 09:27

ECB boss Mario Draghi urged EU leaders not to meddle with the bloc's rules on debt and deficits on Monday, warning that it could turn the tide on much needed economic reforms.

Valencia faces EU probe over dodgy statistics

12.07.14 @ 18:48

The EU commission has launched a probe into whether the Spanish region of Valencia is guilty of the first case of statistical fraud since the Greek crisis in 2009.

German draft law clears path for EU to directly fund ailing banks

10.07.14 @ 11:04

The EU’s bailout fund has moved closer to being able to directly pump money into troubled banks after the German government introduced a bill allowing direct bank recapitalisation.

Leaked paper: EU wants 'guaranteed' access to US oil and gas

09.07.14 @ 09:27

The EU wants the US to lift its restrictions on exporting gas and crude oil as part of ongoing trade talks, according to a leaked Commission document.


Greek workers face arrest for being on strike

13.07.14 @ 15:07

Market fundamentalists are testing something even more dangerous than privatisation of public goods in Greece; public workers now face arrest for being on strike.

Italian EU presidency backs South Stream

10.07.14 @ 19:13

The Italian EU presidency has backed a controversial Russian pipeline, South Stream, which would circumvent Ukraine to bring gas to south-east Europe.

Brics to open alternatives to World Bank, IMF

10.07.14 @ 09:29

Brazil, Russia, India, China and South Africa are to establish alternatives to the World Bank and the IMF, which they find too biased towards Europe and the US.


Europe's attention finally shifts from bailouts to tax cuts

08.07.14 @ 19:10

It is a sign that the European economy is no longer in crisis-territory that tax cuts rather than bailouts dominated Monday’s meeting of Eurozone finance ministers.