European Economies

In reality, London will remain Europe's main financial center.

Writing for Newsweek, the UK Chancellor says the EU has not done enough to make itself competitive.

German finance minister promises that Greece will not 'blackmail' euro zone partners

Athens pledged not to roll back any reforms that could have a negative fiscal impact and to honor all its debts.

Eurozone stocks would fall and borrowing coasts soar if Athens were to leave the euro, say investors.

Athens yet to agree bailout extension as ECB agrees modest increase in emergency funding

China's Foreign Ministry denies knowledge of offer by Beijing to help Greece

This is make or break for Europe's populist parties. And Germany's leadership of Europe.

Late to the game, Draghi is left gambling on his only option.

Alexis Tsipras is the new face of a pan-European left-wing movement determined to upset the status quo.

The removal of the currency's pegging against the euro through markets into turmoil yesterday.

Economic stagnation in the euro zone as Germany narrowly avoids recession in the third quarter of the year