Q&A: $50bn Yukos award against Russia

Can Moscow afford these damages and will it pay?

US decisions dominate the data

Estimates of second-quarter GDP and jobless number out

EU urges US to push power button on trade

Transatlantic partners at odds over energy clause to TTIP

Grieving Dutch rethink Russian relations

National shock at airline deaths undermines usual pragmatism

Sanctions and a disunited European Union

A coherent EU response to Russia requires clear thinking

Service industry gives eurozone a boost

Periphery PMI grows at fastest pace for seven years

Greece cuts state wage bill as talks loom

General government wage bill fell below €16bn last year

IMF slices global growth forecasts

Weak US and emerging market data spur downgrade

Spaniards still waiting to feel recovery in their pockets

Falling wages have helped exporters but not workers

Spain’s labour market turns the corner

Madrid sees biggest unemployment fall since 2006

EU energy plan targets Russian gas links

Brussels commission backs 30% efficiency goal for 2030

Osborne warns on hit from Russia sanctions

Chancellor says UK must be prepared for short-term hit to ensure security

Bundesbank shifts stance to back pay rises

Central bank welcomes inflation-busting settlement

Eurozone needs quantitative easing

The European Central Bank has to hit its inflation target

Europe must hit Russia’s finances

We should not exclude that regarding MH17 we are dealing with a first-order global economic shock

GDP set to push UK above pre-crisis peak

PMIs from China and Europe also released this week

ECB council set to end decade of silence

Central bank aims to improve communication of monetary policy

Investing against the grain

The long-term picture is weak but there may be gains to be made

Anger in Finland over Microsoft job cuts

Trade policy seen as unfit for 21st century

Report says countries often focus on protecting local industries