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

Gloomy forecast for eurozone jobs

Depth of crisis means one in 10 workers would remain jobless

Comment and analysis

Fear of immigration and anger at elite corruption, as well as austerity, bolster extreme politics
– Gideon Rachman
Programme’s impact unknown without evidence of how the policy transmits to the real economy
– Wolfgang Münchau
U.S. ten dollar bills and Euro ten dollar notes are photographed Wednesday, November 22, 2006, in New York. The dollar fell to a five-month low versus the euro and tumbled against the yen as a report showing an increase in jobless claims suggested the economy is cooling. Photographer: Stephen Hilger/Bloomberg News. ©Bloomberg
Euro fall highlights disruptive potential of central bank actions
– Ralph Atkins

Tsipras vows to accelerate reforms

Wrangles continue as PM fails to secure urgently needed cash

Lisbon maintains degree of balance

Portugal’s crisis appears to have been well contained compared with some peripheral eurozone countries

Belgium questions Greek tactics over debt

Finance minister says eurozone countries prepared to let Greece go

Smoke and mirrors safer than cold turkey

Grexit may well work in the long run but it will bring economic misery in the short term

Euro plunge tests ECB inflation forecast

Speed of fall surprises central bank economists

Ultra-low interest rates could run and run

Instead of Japanification, we should probably now switch to a new term: Europification

Greek WW2 demands set creditors on edge

Rhetoric stirs debate on Syriza’s intentions

Dollar surge poses policy dilemma for Fed

Draghi says eurozone growth slowdown ‘has reversed’

Low euro tailwinds lift European business

Currency effects have a dual effect on earnings

Is the eurozone overtaking the US?

An astonishing crossover in 'now-casting' models

France wins EU budget reprieve

Paris secures more time to bring deficit under 3% ceiling

Coeuré calls for respect for EU budget rules

Decision to allow France and Italy flexibility questioned

Euro’s fall triggers dollar parity chat

Speed of drop has surprised and forecasts are being revised

Rehn slams successors over France budget

Paris repeatedly flouted EU deficit limits

Draghi calls recovery with perfect timing

Bond-buying plan has already helped boost confidence in the eurozone

Eurozone inflation expectations jump

Surge cited by Draghi as evidence ECB policy is working

Greece in talks for bailout of up to €50bn

De Guindos says no alternative to solidarity

Eurozone’s march to QE enters its final stages

How the ECB runs its bond buying will set tone for yields

Oil fall keeps eurozone inflation low

Energy prices in the currency area are 8% lower than they were in February 2014

How Dijsselbloem did the Greek deal

Eurogoup finance chief describes a turbulent month of talks

Investors slash exposure to the euro

QE and negative interest rates erode single currency

Rays of sunlight amid Europe’s gloom

German wage agreements ought to help prevent deflation

Eurozone approves Greek reform proposal

IMF and ECB raise concerns over new plan

Eurogroup call raises hope for Greek deal

‘Constructive’ talks lead to invitation for conference call

A Greek deal cannot fix the euro’s flaws

The urgent need for Europeans to work together

Periphery bond yields drop on Greek hopes

Portugal’s 10-year yield falls below that of US equivalent

Greece scrambles to send draft reforms

Athens must spell out measures it will take to meet rescue conditions

Let the Greek debt battle begin

There are creative solutions to the fiscal fight that now matters the most

Greek bailout extension deal agreed

Four-month grace period leaves reform details undecided