Eurozone Economy

Scandal-Plagued VW Gives Its Employees A Solid Raise

CP | David McHugh, The Associated Press | Posted 05.20.2016 | Canada Business

Europe is experiencing disinflation. VW's move could help halt that.

Eurozone Economy Actually Grows

CP | Alan Clendenning And Pan Pylas, The Associated Press | Posted 10.13.2013 | Canada Business

MADRID - Minube, a travel startup on the outskirts of Madrid, is doing something that many Spanish companies haven't thought about for years: It's hir...

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...

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...

Europe's Economy Shrinks As Doubts Over Greek Deal Grow

CP | The Associated Press | Posted 04.16.2012 | Canada Business

BRUSSELS - The 17-nation eurozone economy contracted by 0.3 per cent in the final three months of 2011 as many countries slipped back into recession, ...

Stock Markets Down As Europe's Economic Engine Sputters

CP | Posted 10.16.2011 | Canada Business

MILAN - After an optimistic start to the trading week, global stock markets lost their steam Tuesday after subdued German growth figures reinforced fe...