ATHENS, Greece - The banker chosen to be Greece's next finance minister resigned for health reasons Monday, three days after he was rushed to the hosp...

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...

ATHENS, Greece - Greece's unemployment shot up to 21.9 per cent in March, rising sharply from the 15.7 per cent rate in the same month last year and u...

MADRID, Spain (AP) -- Spain's stock market flirted with seven-year lows Friday as investors continued to worry about the stability of the eurozone's f...

MADRID - The interest rate on Spanish government bonds rose sharply on Monday, a sign that investors are becoming more worried about the country's abi...

PARIS (AP) -- Just three years ago, the euro was being praised as the can-do currency that had delivered unprecedented prosperity in Europe. Now, i...

FRANKFURT - A top European Central Bank official has publicly discussed the reasons for his surprise resignation, saying he is not satisfied with the ...

Let's face it, either we have had resentment or a hint of jealousy toward southern Europeans for their relaxed lifestyle. To no surprise then, many Canadians have holier-than-thou attitudes about the euro crisis. Then, Elsa Fornero reminded me of what the euro crisis is really about: people.

European Council President Herman Van Rompuy has just floated a proposal to subject all Union members -- not just eurozone members -- to more rigorous budget scrutiny by Union organs. The move is so contrary to the Union treaties and its scope so overreaching to the current eurozone debt crisis that it is doomed to fail.

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The demise of the euro would deliver a significant blow to the Canadian economy, leading to less trade, higher unemployment and a possibl...

STRASBOURG, France (AP) -- President Nicolas Sarkozy appeared to temper his calls for the European Central Bank to play a bigger role in solving Europ...

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

Let 'em go. Let 'em make their own way until they change their minds and rejoin the club and adhere to existing rules. If that means another recession, or even a depression, better now than at some time in the future when damage will be even greater.

CANNES, France - Prime Minister Stephen Harper arrived at a crisis-atmosphere G20 summit late Wednesday prepared to preach the Canadian gospel of econ...

OTTAWA - Bank of Canada governor Mark Carney says he respects the Greek prime minister's controversial call for a referendum on a new bailout package,...