Euro in crisis

In-depth news, commentary and analysis of the eurozone’s debt crisis and its faltering recovery as it struggles with austerity and attempts to regain competitiveness

German borrowing costs reach record low

10-year yield of 1.12% is lowest since early 1800s

Interactive

Eurozone crisis interactive
Key moments in the eurozone crisis and a breakdown of bailout spending so far

Eurozone banks reverse downsizing moves

Collective assets grew in April and May to €30.87tn

Euronext chief cites France as weak spot

Cerutti confident Europe on the road to ‘slow but sure’ recovery

Reality check for European banks

Reaction to Banco Espírito Santo affair reveals investor concerns

Portugal bank fears spark stocks sell-off

Fallout from Banco Espírito Santo turmoil spreads to Wall Street

‘Three arrows’ to put EU back on target

Policy initiatives need to focus on core as well as periphery

Capital markets still not safe for Greece

Contagion remains an issue, as displayed by recent woes in Portugal

Weak US + slowing China = big EU trouble

Eurozone recovery depends on export growth

Worst threat to euro is a lack of trust

The argument between Italy and Germany asks a question at the heart of the currency’s future

Renzi’s boast looks like history repeating

Italy PM could misread Merkel in the same way David Cameron did

ECB under pressure to rein in ‘crazy’ euro

Reduce value to the dollar, says Airbus chief

Draghi shakes up ECB deliberations

Central bank will publish minutes from January 2015

Eurozone’s economic recovery stutters

Services and manufacturing PMI hits lowest since December

ECB’s loan-buying plans stall

Cheap funding limits market for asset-backed securities

Eurozone inflation holds steady in June

June figure in line with expectations but far below ECB target

Lethargic Europe needs investment jolt

Giving banks more money to lend will not address a demand problem

Europe rethinks how to cure debt hangover

Austria part of trend that could make restructurings more common

Surveys damp hopes of eurozone recovery

Data point to weakness in Germany and France

Eurozone recovery slowed in June

Downturn in France deepening as conditions in periphery improve

IMF discusses third way over bailouts

Creditors would be allowed to agree to ‘reprofiling’ of bonds

Europe faces house of debt horrors

A long period of slow growth and low inflation is most likely

Carney boosts ECB fight against deflation

Hint at BoE rate rise helps weaken euro

Portugal turns down €2.6bn rescue payment

Lisbon says move boosts government’s credibility

Grouchy EU bonds tell downbeat story

Historically low yields do not mean crisis has passed for good

Euro falls as ECB measures sink in

Prospect of higher US interest rates also a factor for euro

Cyprus in first post-bailout public bond

Debt sale follows €100m private placement in April

Drifters wait but inflation never comes

Draghi is trying a new approach, and if that does not work, he will try another

Spain to repay part of EU bailout early

Madrid to return €1.3bn in effort to boost economic confidence

Draghi pulls another rabbit out of his hat

Falls in inflation are likely and Japan-style deflation is conceivable

News analysis

Euro withstands ECB’s easing onslaught

Analysts say currency will weaken, with ECB stepping up stimulus