Europe Economy

Why We Should Worry About Slow Euro-Area Growth

Peter Hall | Posted 11.04.2014 | Canada Business
Peter Hall

Like other OECD economies, European businesses have seen an investment hibernation since 2009. Abundant spare capacity limited the need for new investment, and has created a very hesitant business investment mindset. At the same time, corporate cash has increased, creating the capacity to invest when the time is right.

Is That You, Europe?

CP | Juergen Baetz, The Associated Press | Posted 04.16.2014 | Canada Business

BRUSSELS - Europe's economy is growing faster, raising hopes for a sustainable recovery, but that may not be enough to bring sky-high levels of unempl...

The Contagion Spreads

CP | Pan Pylas, The Associated Press | Posted 06.02.2013 | Canada Business

LONDON - The eurozone economy has passed another bleak milestone.Official figures Tuesday showed that unemployment across the 17 European Union countr...

Eurozone Back In Recession: 17-Country Block Sees 0.1 Per Cent Contraction In Q3

CP | Pan Pylas, The Associated Press | Posted 01.15.2013 | Canada Business

LONDON - The 17-country eurozone has fallen back into recession for the first time in three years as the fallout from the region's financial crisis wa...

Europe Becoming Third World, Consumer Goods Giant Suggests

The Huffington Post Canada | Daniel Tencer | Posted 08.29.2012 | Canada Business

If you want a good way to gauge how an economy is really doing, look at the retailers working in it, what they’re selling, and to whom. If the ex...

On Recession's Edge

CP | Pan Pylas, The Associated Press | Posted 10.14.2012 | Canada Business

LONDON - Europe is edging closer to recession, dragged down by the crippling debt problems of the 17-country euro bloc, official figures showed Tuesda...

Frustrated Harper Warns About Europe Woes, Global Recession

CP | The Canadian Press | Posted 08.05.2012 | Canada Politics

OTTAWA - Prime Minister Stephen Harper is warning that Europe is running out of time to fix its debt problems, but his government has prepared "contin...

Eurozone Unemployment At Record High

CP | The Associated Press | Posted 08.01.2012 | Canada Business

BRUSSELS - Unemployment across the 17 countries that use the euro stayed at 11 per cent in April — the highest level since the single currency was i...

Flaherty Blasts EU Leaders

CP | Julian Beltrame, The Canadian Press | Posted 12.17.2011 | Canada

OTTAWA - Finance Minister Jim Flaherty is not letting up on his criticism of European leaders, telling them in a blistering speech that their ditherin...