Europe Crisis

• Macron’s Defeat in Paris Sounds Alarm for Europe

  As EU’s erstwhile firefighter Merkel is planning to step down, baton was supposed to pass to Macron to uphold liberal democracy. 

• Eurozone crisis: Spain's 'wasted' bail-out badly handled, says World Bank chief

  The head of the World Bank said today that Europe's bail-out of the Spanish banking system had been handled very badly and amounted to a wasted opportunity to contain the debt crisis.

• Eurozone break-up more disastrous than 2008 crisis, warns Kaushik Basu

  Chief economic advisor Kaushik Basu has warned that a Eurozone break up will be very disastrous for India.

• In Greece, a painful return to country roots

  As Greece sank into its worst economic crisis since World War Two, the youth face a simple choice: be stranded without money in Athens, or return to the geriatric village

• Global shares turn lower on heightened euro zone concerns

  A sharp downturn in euro zone manufacturing activity for April sent the single currency and world shares lower

• Asian stock markets decline amid Greece fears

  Asian stock markets were mostly lower Thursday, following Europe and Wall Street down amid growing fears the latest deal to resolve Greece's debts is faltering.

• Euro countries voice doubts over Greek bailout

  There are strong doubts among some of the euro countries if a second massive bailout could save Greece

• Eurozone economy shrinks by 0.3 per cent in Q4

  The eurozone economy contracted by 0.3 per cent in the final three months of 2011, for the first time since 2009

• US trade deficit widens to $48.8 billion in December

  Monthly U.S. exports to Europe grew in December, a hopeful sign after a steep decline the previous month.

• OECD paper: Europe needs $1.3 trillion bailout fund

  OECD says Europe probably needs a euro 1 trillion ($1.3 trillion) bailout fund if it is to stop the spread of its debt crisis.

• Private investors near deal on Greek debt

  Greece and investors who own its bonds have reached a tentative deal to significantly reduce the country's debt

• Markets may see profit-booking this week after January rally: Experts

  Stock markets may witness some corrections this week with investors booking profits in the wake of a substantial gain of 1,716.06 points registered so far this month, analysts said. The BSE benchmark index Sensex has rallied over 11 per cent this month so far on the back of hectic buying from foreign institutional investors. According to analysts, ...

• Austerity reigns over Euro zone as crisis deepens

  Europe's leaders braced their nations for a turbulent year, with their beleaguered economies facing a threat on two fronts: widening deficits that force more borrowing but increasing austerity measures that put growth further out of reach.

• Eurozone still under pressure post-summit

  Europe's debt crisis kept the pressure on governments and markets as Italy's borrowing rates ratcheted higher

• World stocks lower as Europe crisis fears weigh

  World stocks were mostly lower Thursday, as investors concerned about Europe's debt crisis sought direction ahead of a closely watched auction of Spanish government bonds. Oil prices hovered above $102 per barrel, while the dollar rose against the yen and the euro. In early European trading, Britain's FTSE 100 fell 0.9 per cent to 5,461....