MILAN - Official statistics confirm that Italy's economy contracted by a quarterly rate of 0.8 per cent in the first three months of the year, the wor...

Claudio Giudici pilots his Toyota Prius through the congested streets of Florence, his exasperation showing as he explains for the third t...

DAVOS, Switzerland - European financial chiefs are trying to soothe global CEOs and political leaders, insisting they have a handle on the eurozone's ...

OTTAWA - Canada's economy performed relatively well last year, but not enough to displace Germany as the top country in the Group of Seven big industr...

BERLIN - German chancellor Angela Merkel called Monday for a stronger political union in Europe to overcome the bloc's debt crisis, which she called "...

MONTREAL - A senior official with Quebec's massive pension-fund manager is suggesting a Canadian-style solution to help dig the European Union out of ...

The race to save the euro, and how it's being conducted, will not just affect bailed out countries' control over their budgets. It will also likely harm what remaining democratic character the Union has by allowing for influence over debtor states' votes in a way the treaties anticipate and forbid.

The evidence of anti-governance is there: Greek people have staged debilitating strikes, violent rampages and tax revolts. Greece, for its part, will be well-advised to simply leave and let the IMF help it pick up the pieces.

TORONTO - The Toronto stock market tumbled more than 300 points Wednesday and commodity prices retreated amid a fresh wave of anxiety about Europe's d...

BRUSSELS - The International Monetary Fund, a key player in eurozone bailouts, on Wednesday pushed for radical changes in the way the region's debt cr...

ROME (AP) - The leader of Italy's largest union is threatening a general strike against an austerity package that Prime Minister Silvio Berlusconi's g...

ROME - The leader of Italy's largest union is threatening a general strike against an austerity package that Prime Minister Silvio Berlusconi's govern...

OTTAWA - North American markets are likely to face more selling pressure today following a downgrade in the United States' credit rating and a worseni...