European economy

Brandenburg Gate, Berlin © Shutterstock

Debate still rages over the long-term survival of the eurozone, for which the European Central Bank sets a single interest rate covering every member state. Despite scepticism, the euro has become a major world currency.

Recent articles (3)

Three reasons why the Greek bail-out will fail

(10 February 12)

The latest rescue package for Greece is almost certainly doomed to fail, says Matthew Partridge. Here, he explains why, and what it means for you.

Merkel’s Greek headache is far from over

(10 February 12)

Greece has failed to agree on tough reforms that would have paved the way for its second urgent bail-out.

Do demographics really condemn us to a bleak future?

(07 February 12)

Many commenters have predicted a bleak future for the West based on ageing populations and falling asset prices. But the future might not be quite as grim as a lot of forecasters think, says Merryn Somerset Webb.

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