European economy

Euro sign

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)

Poland: Eastern Europe's strongest motor will stall

(30 October 09)

Poland is one eastern European economy which is not a basket-case. Production is recovering and retail sales are climbing, but it will be a while before economic growth really takes off.

Germany goes for growth

(30 October 09)

The new German government's programme for the next four years includes tax cuts totalling €24bn a year, easing the burden on both businesses and households.

Strong euro is another headache for Europe

(16 October 09)

Stocks in Europe may be up by 55% since March, but investors are far too optimistic about the continent's economic recovery - the strong euro is taking its toll.