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

Eurozone activity rebounds slightly

Closely watched purchasing managers’ index hits two-month high

Comment and analysis

©Michael Debets/Getty
Falling bond yields show markets are not worried yet, with exception of Greece
– Ralph Atkins
The European Central Bank in Frankfurt ©AFP
Balance of risk and reward has shifted as expectations rise of ECB QE
– Steven Major
It is worth considering what quantitative easing would accomplish
– Stephen Macklow-Smith

Divisions weaken the ECB’s hand on QE

Split risks undermining size and scope of what central bank buys

Katainen warns on EU investment scheme

Commission vice-chief says politicians should not pick projects

Stagnation fears as ECB auction falls short

Hand of hawks weakened over move to European QE

ECB need not fear the printing press

The case for quantitative easing is compelling but it requires broad support, writes Reza Moghadam

Athens now less of a threat to eurozone

Investors treat Greece as outlier rather than source of contagion

Greek election reignites eurozone fears

Investors spooked by possibility of Syriza party gaining power

Europe’s lonely and reluctant hegemon

Berlin must broaden its outlook and applaud domestic demand

Industry chiefs question Juncker investment plan

Commission’s scheme described as ‘peanuts’

Greek hopes on bailout exit dwindle

Athens will be forced to request an extension of its rescue package

Draghi looks to QE despite council split

ECB slashes inflation and growth forecasts

Eurozone recovery stutters in November

Purchasing managers’ survey at lowest level in 16 months

ECB poised to dash bond-buying hopes

Divisions in governing council delay action on quantitative easing

Juncker fund will not revive the eurozone

My objections to structural finance are practical

Berlin tells EU to firm up €315bn projects

Schäuble wants details of projects along with regulatory framework to ensure implementation

European bond yields hit new lows

Borrowing costs fall to historic levels on ECB sovereign debt hopes

Draghi steps up push for economic union

ECB calls for eurozone states to hand more powers to Brussels

Greek yields act as eurozone ‘fear gauge’

Markets fret over talks between Athens and creditors

Radical cures for unusual economic ills

The crisis left a grim legacy, and the answers are likely to be unorthodox

ECB set to decide on QE ‘early next year’

Vice-president Constâncio says bank can pull trigger on mass bond buying if current measures fall short

Juncker to unveil €315bn EU programme

Seed money will include €16bn from Brussels budget

Radical left is right about Europe’s debt

It is logically inconsistent for the eurozone to enter secular stagnation and not restructure

Dovish Draghi boosts hopes of ECB stimulus

Central bank president says bond-buying will provide respite for the eurozone

Eurozone recovery slows to 16-month low

Purchasing managers’ index suggests activity will remain weak

ECB warns of ‘pessimism’ risk to recovery

Chief economist says governing council prepared for further steps

France urges ‘real money’ for EU

Economy minister calls for injection of up to €80bn

Brussels eyes €300bn investment funds

Commission aims to attract private capital for infrastructure

Eurozone economy returns to growth

France and Germany expanded in third quarter while Italy shrank

Hopes for eurozone bank lending misguided

Austerity policies have been administered in unprecedented doses

Be wary of the consensus on euro

General view is the currency is going down against dollar