Draghi softens tone on austerity

Jackson Hole speech calls for flexibility on fiscal rules

End Russia nuclear reliance, says company

EU urged to break eastern European dependence

Draghi must start doing whatever it takes

You cannot conjure a recovery by summoning the confidence fairy, writes Richard Portes

ECB bank audit covers consultants in cash

Comprehensive assessment to cost about €500m

Japan’s warning to eurozone bond markets

Structural reform, not QE, is needed to lift European growth

Draghi has few legal ways to fix the euro

The ECB has signalled that it is safe to bet against the inflation target

Eurozone banks set for €250bn injection

Banks expected to borrow in September and December

US banks plan for UK exit from EU

Wall Street institutions look to Ireland

Ukraine says it attacked military convoy

Moscow denial but markets rattled and diplomatic efforts stepped up

French politician joins plans for Crimean theme park

Links to blacklisted businessmen likely to attract controversy

EU to press rivals over Russia food embargo

Egypt and Turkey take advantage of Moscow sanctions

Europe now needs full-blown QE

ECB must take bold moves to lift growth across eurozone

ECB would, for now, prefer to do nothing

Officials believe measures unveiled in June will boost growth

Europe’s peach growers hit by sanctions

Bulgaria Corpbank investors uneasy

Closed by central bank, it has not repaid holders of a $150m bond

Bulgaria’s president attacks oligarchs

Plevneliev says oligarchs are ‘addicted’ to state money

EU plans sanctions talks with LatAm

Bloc hopes countries will not replace its exports to Russia

Merkel is willing to pay for world stability

Russia expected Germany to resist action that would affect its exporters. It was wrong

Renzi defends Italy’s pace of reform

Renzi takes rapier to bureaucracy

Italian prime minister tackles his critics head on