Today News


Eurozone Growth Spreads, Helped by Dutch, Italian Economies

The eurozone’s recovery was more rapid than first estimated in the three months to June as a pickup that started in Germany and Spain has spread to other parts of the currency area, aiding a comeback that is proving vital to the world…

U.K. Jobless Rate Hits 42-Year Low

The unemployment rate in the U.K. fell to its lowest level in more than 40 years in June, while the number of European Union nationals working in Britain hit a record high.


U.K. to Rule Out Extending EU Customs Area to Northern Ireland

The U.K. will on Wednesday rule out extending the European Union’s customs area to encircle Northern Ireland after Brexit, saying such a move wouldn’t be “constitutionally or economically viable.”

Tuesday, Aug 15


U.K. Proposes Broad Customs Deal With EU After Brexit

The U.K. government proposed a customs arrangement with the European Union that it said would eliminate the need for border checks on imports and exports after Brexit.


German Economic Growth Robust Despite Slowdown

Germany maintained its solid economic performance, despite an unexpected yet mild slowdown in the second quarter.


U.K. Is Open to Temporary Customs Union With EU

The U.K. government will formally signal it is open to creating a temporary customs union with the EU after Brexit as it prepares for fresh talks on its separation from the bloc later this month.

Monday, Aug 14


What's Really Behind the Eurozone's Economic Turnaround

Many economists may have underestimated the role of improvements to the supply side of the eurozone economy. And there are still plenty of supply side measures at both eurozone and national level that could improve actual and potential…

Aid Groups Halt Mediterranean Rescues

Humanitarian groups suspended migrant search-and-rescue operations in the Mediterranean over concerns their ships are threatened by the Libyan Coast Guard after it asserted authority last week in international waters off its coast.


In German Election Campaign, Third Place Is the Real Winner

Chancellor Angela Merkel looks like a sure bet to win a fourth term. But the more important race is between four smaller parties—and the outcome is likely to determine the makeup of Germany’s political direction for the next four years.


The Secret of Soccer's Best Super-Sub

Arsenal’s Olivier Giroud is the rare soccer player whose most dangerous position is starting every game on the bench.

Saturday, Aug 12


U.S. Builds Presence in Europe, Despite 'America First' Rhetoric

On the outskirts of a small town, the U.S. is spending $1 billion on what one general calls the most ambitious medical construction project the military has ever undertaken. The hospital sends a message, U.S. military officials say: Europe…

Friday, Aug 11


Eggs Contaminated With Insecticide Found in EU and Hong Kong

Sixteen countries in Europe as well as Hong Kong received eggs contaminated with banned insecticide fipronil, the European Union’s executive branch said Friday.

Thursday, Aug 10

Ten Years Later, Younger Workers Still Endure Costs of the Crisis

The greatest legacy of the past 10 years has been a dramatic rise in intergenerational inequality, writes Simon Nixon. The older generations were spared the costs of the financial crisis while those of working age have seen very little…


French Police Arrest Suspect in Hit-and-Run Attack

Authorities arrested a man suspected of ramming a car into a group of soldiers in a suburb of the French capital, police officials said, potentially ending the manhunt in a case that prosecutors are treating as an act of terrorism.

Tuesday, Aug 8


Belgian Police Find No Explosives After Car Chase, Bomb Scare

Authorities found no signs of explosives after a 36-year-old Rwandan man touched off a bomb scare in the Belgian capital on Tuesday following a car chase in which police opened fire.


German Economy Seen Growing Despite Weak Export, Factory Data

Europe’s largest economy is likely to continue to grow at a robust pace, despite some recent weak data points, economists say.

Monday, Aug 7

U.S., Russia Must 'Deal With' Conflict, Tillerson Says

U.S. Secretary of State Rex Tillerson told Russia’s foreign minister that the U.S. would respond to that country’s recent expulsion of American diplomats by Sept. 1.

German Industry Misses a Beat but Economy Looks Strong

Europe’s largest economy remains on course for robust growth this year despite a decline in factory output in June, economists said.

Sunday, Aug 6


France Opens Terror Probe After Eiffel Tower Incident

French prosecutors opened a counterterrorism investigation on Sunday after a knife-wielding man attempted to force his way into the Eiffel Tower.


Brexit Uncertainty Shadows Bank of England's Every Move

The failure of wages to rise despite dropping unemployment makes it hard for central banks to know when interest-rate increases might be needed to offset inflation. In the U.K., Brexit makes it an even harder call.

Friday, Aug 4


EU Sanctions Russians Connected to Transfer of Gas Turbines to Crimea

The European Union slapped sanctions on Russian officials and firms connected to the illegal transfer of gas turbines purchased to the annexed peninsula of Crimea.


Brexit Transition Deal Poses Questions for the EU

The British government’s apparent agreement that it will seek a post-Brexit transitional deal with the EU is aimed at easing business uncertainty, but companies still have no idea what rules will govern the economic relationship.

Thursday, Aug 3


BOE Signals Rates to Rise Faster Than Markets Expect

The Bank of England joined other major central banks in signaling that a long era of easy money is gradually drawing to a close, saying that it anticipates raising interest rates in the U.K. at a faster pace than investors currently expect.


EU's Juncker Is 'Broadly Satisfied' With U.S. Russian Sanctions Legislation

A top European Union official said he is broadly satisfied that changes made to the U.S. Russia sanctions bill will protect European interests. President Trump signed the bill into law on Wednesday.

Wednesday, Aug 2


Italy Seizes Migrant Aid Group's Ship in Mediterranean

Italian authorities seized a ship operated by a migrant aid group off the coast of Italy as part of an inquiry into illegal immigration, a move that could raise tensions with groups that play an increasingly large role in rescuing…


Britain's Unreal Brexit Transition Debate

The air of unreality about the Brexit transition debate extends to the question of the form of the transition too: How will the U.K. negotiate with the EU when it isn’t entirely clear what it wants?


Switzerland's First-World Problem: What to Do With $750 Billion

The Swiss central bank’s $750 billion in foreign-currency reserves has sparked a lively debate over how the money should be invested.


Eurozone Producer Prices Fell in June

The prices of goods leaving the eurozone’s factory gates fell in June for the third month in four, as inflation looks set to remain weak despite a sustained pickup in economic growth.

Tuesday, Aug 1


In a Twist, Investors Find Safety in Spain's Property Market

Demand for commercial real estate in Spain has pushed expected returns to record lows, capping a long road back for a sector that was at the center of Europe’s political and economic crisis.


Greek Court Finds Former Statistics Chief Guilty of Breaching Duties

A Greek court found the country’s former top statistician guilty of breaching his duties, ruling he should have sought approval before he told European Union authorities of the full extent of Greece’s budget deficit at the start of its…