Europe’s recession deepens, future looks grim

The European Commission on Monday revised lower its forecast for growth Share

20 million unemployed in EU: 8.9% unemployment rate

The unemployment rate in Europe rose to 8.9 per cent in March Share

German exports down 23.1 percent

German exports fell 23.1 percent year on year in February as the economic crisis Share

Czech government collapses

The Czech Republic’s centre-right minority government has lost a vote of no-confidence Share

Over 100,000 demonstrate in Ireland

More than 100,000 people have demonstrated in Dublin, Ireland’s capital on Sunday Share

Economic crisis threatens exports and growth

As the global economic crisis takes its toll on countries around the globe. as well as their automakers, banks, construction and property firms, the latest victim of the economic crisis is world trade. Share

EU ministers to address economic crisis in Paris

Anna Wilard from the Guardian reports on Thursday’s meeting between European ministers in Paris Share

Spain experiences huge rise in unemployment

 AP reports that Spain is hitting record numbers of unemployed. The government says the jobless rate now stands at 11.3 percent, although the European Union’s statistical agency puts it at 11.9 percent. Either way, Spain has the highest unemployment...