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Recap: ECB Cuts Growth Outlook
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The European Central Bank shaved its forecast for the euro-zone economy this year following months of disappointing data that have pushed the prospect of a turnaround in the troubled region's fortunes further back toward the end of 2013. The live blo...
Latvia’s Checkered Currency History
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One reason Latvians remain skeptical of adopting the euro is that there have been many currency changes in Latvia in living memory, mostly against a backdrop of war, revolution, foreign occupations and drastic socioeconomic change.
Latvians Divided on Euro Benefits
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Lativa held a referendum in 2003 to join the European Union, which meant they eventually would join the euro zone when the requirements were met. A decade later, however, polls suggest Latvians are split on abandoning the lat.
Frankfurt Braces for ‘Blockupy’ Protests
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Undeterred by forecast rain, thousands of “Blockupy” protesters are flooding Frankfurt this weekend to oppose tough austerity measures affecting euro-zone countries.
Greeks Fear Lawmakers Toting Guns
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A year ago, threats to the Greek parliament came from angry demonstrators tossing firebombs at the ornate yellow building. Now, police are stepping up security inside, amid fear politicians themselves are arriving armed.
Germans Won’t Spend Southern Europe’s Recession Away
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Don’t bank on Germany’s consumers when it comes to pulling Southern Europe out of its deep recession. A back-of-the-envelope survey of consumers and analysis of import data suggest that any additional demand won't be directed to Southern...
Greek Singers Learn Alcohol Isn’t Free
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A team of acclaimed Greek musicians is grousing that neither alcohol, nor food, is free in Sweden.
Hollande in the Spotlight
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In an unfortunate coincidence, a documentary that narrates French President François Hollande’s first eight months in office was aired in French cinemas last night, after the release of new economic data ascertained that the country&rsqu...
Italy’s Fiscal Caretaker Treads Carefully
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Italy’s new government is off to a start that can only be described as slow.
Fitch Survey: ‘Worst of Euro-Zone Crisis Not Over’
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A majority of European investors believe the worst of the euro-zone crisis isn’t over yet, with weak economic growth prospects the central concern, a survey by Fitch Ratings said Monday.
Street Artists Take on the Euro Crisis
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The European Central Bank has provided around €10,000 in support for a graffiti project by its Frankfurt headquarters which in one artwork renders ECB President Mario Draghi as James Bond in a 'Casino Royale-themed' scene with German Chancellor...
ECB: A Three-Way Split?
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Other central banks publish minutes that show how this or that official exercised the power vested in him or her by the public. Not so the European Central Bank.
Live Blog: ECB Makes Rate Cut
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The European Central Bank cut its main interest rate to a new record low, in an attempt to drag the euro zone out out of the longest recession in its history. Tune in to our live blog.
ECB Rate Cut May Not Be a Done Deal
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If you’re a betting man, then you have probably tipped Thursday as the day when the ECB cuts rates. But that might not be the case.
Berlusconi Aide Tells Letta How to Run Italy
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Italy's new government has just been sworn in but the country's political heavyweights are already engaged in tactical moves to assure their exclusion from a hastily-patched together coalition cabinet doesn't reduce their power.
Italians Knock on Transparency’s Door, but Get Few Answers
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Italian non-profit organization Diritto di Sapere, or Right to Know, wanted to know how responsive different branches of Italy’s public administration are to information requests. According to its new report, there's a long way to go.
Ireland’s Kenny Remains Committed to Austerity
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The Irish government remains committed to tough budget austerity targets under its international bailout, Irish Prime Minister Enda Kenny said Friday, as the government detailed new measures to tackle the country's stubbornly high jobless rate.
Irish House Prices Fall for Fourth Consecutive Month
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Irish home prices fell for the fourth consecutive month in March, suggesting the country's housing slump is far from over after more than five years.
Slovenia Central Bank Chief Says Country Can Avoid Bailout
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Slovenia’s central bank chief said the bad loans held at the country’s banks are less than analysts estimate and the country can avoid a bailout if the government adopts swift policy changes, including privatization.
Jens Weidmann Q&A
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German Bundesbank President Jens Weidmann sat down with The Wall Street Journal’s Brian Blackstone and Matthew Karnitschnig. He addressed the economic outlook, upcoming meetings of the International Monetary Fund and the recent bailout of Cypru...
