In-depth news, commentary and analysis of the bloc’s fragile economic recovery as it attempts to regain competitiveness in the wake of the sovereign debt crisis and its struggles with austerity

Portugal agrees ‘Plan B’ deficit cuts

Investors continue to penalise government bonds

Comment and analysis

A supporter of anti-establishment party Five Star movement holds a portrait of its leader Beppe Grillo, in front of the Montecitorio palace, the Italian Chamber of Deputies, in Rome, on February 15, 2014. The Five Star movement refused a coalition pact and decided not to partcipate to the President Giorgio Napolitano's consultation of political leaders following Prime Minister Enrico Letta's resignation. AFP PHOTO / FILIPPO MONTEFORTE (Photo credit should read FILIPPO MONTEFORTE/AFP/Getty Images) ©AFP
Today’s economic situation in Europe has parallels with the 1930s and Hitler’s speedy recovery
– Wolfgang Münchau
BRUSSELS, BELGIUM - DECEMBER 18: The Taoiseach of Ireland, Enda Kenny arrives for The European Council Meeting In Brussels held at the Justus Lipsius Building on December 18, 2015 in Brussels, Belgium. European leaders are meeting to discuss David Camerons proposed EU reforms, as well as focussing on the migrant crisis, the fight against terrorism and climate change. (Photo by Dean Mouhtaropoulos/Getty Images) ©Getty
Export-led revival has had little to do with ‘internal devaluation’
– Tony Barber
James Ferguson illustration ©James Ferguson
In its own interests, Britain must contribute to stability on the European continent
– Gideon Rachman

Eurozone economy shows sluggish growth

Italy’s recovery dims and German growth fails to pick up

Eurozone stands by tougher bank rules

Dijsselbloem rejects idea new regime to blame for market volatility

Portuguese budget just avoids rejection

€1.1bn in last-minute cuts wins over EU evaluators

Portugal’s budget provokes Brussels clash

Government’s spending plan runs foul of EU’s budgetary rules

Draghi puts case for another easing

ECB president says weak inflation justifies more action

Eurozone annual inflation rises to 0.4%

Headline rate highest since October 2014 but still below ECB target

Brussels criticised over crisis bailouts

European Commission treated countries differently, say auditors

Draghi defends ECB monetary easing policy

Impact of strategy on economy substantial, says central bank chief

European Central Bank (ECB) president Draghi arrives for a news conference after a meeting of the ECB Governing Council in St Julian's, outside Valletta...European Central Bank (ECB) president Mario Draghi arrives for a news conference after a meeting of the ECB Governing Council in St Julian's, outside Valletta, Malta, October 22, 2015. European Central Bank President Mario Draghi said on Thursday monetary policy alone cannot solve the euro zone's economic problems and called on member countries to take additional actions alongside. REUTERS/Darrin Zammit Lupi MALTA OUT. NO COMMERCIAL OR EDITORIAL SALES IN MALTA

Dovish Draghi regains his poise

Markets still wary of ECB’s willingness to act decisively

Draghi hints at more stimulus in March

ECB chief’s comments spur equities rebound after rates kept on hold

Eurozone upside may surprise investors

Loose monetary policy combines with less stringent fiscal policy

Higher US rates threaten eurozone recovery

FT economist poll reveals expected boost to exports but concern over higher regional borrowing costs

Economists doubt more ECB QE in 2016

FT poll shows nearly half think central bank will do nothing

Economists ask states to drive recovery

National reforms seen as priority for 2016 to spark growth

Austerity fanning populism, says Renzi

Italy’s PM hits out at what he sees as German double standards

The decline of Europe is a global concern

The malaise goes much wider and deeper than the union

Eurozone recovery bolstered by solid PMI

Quarterly results indicate firmest expansion in more than four years with inflation subdued

Watch Europe roll printing presses

Resort to quantitative easing may be solution to crisis

Draghi regains poise after market wobble

ECB head defends monetary stimulus after accusations that ‘Super Mario’ has lost his magic

‘No limit’ to ECB action, pledges Draghi

Sharp response to market reaction to latest eurozone stimulus

Cameron’s EU currency call alarms ECB

Draghi worried push to rewrite treaty could damage euro project

Low eurozone inflation paves way for more QE

Core inflation falls to 0.9 per cent in the year to November

Low confidence drags on eurozone recovery

Slowing growth overshadows improvements as EM risks loom

ECB ponders economic stimulus options

Central bank eyes raising QE and rate cut