Western Europe - Economic Meltdowns

The nation's alcohol consumption fell by six percent in 2009, the fourth annual drop in five years, figures released Friday showed. British Beer and Pub Association data revealed the largest decline in drinking since 1948 with the average adult now consuming the ...

Bailed out Anglo Irish Bank on Tuesday reported the biggest first-half loss in Irish corporate history, hit by soaring bad debt and a weak economy, forcing the cash-strapped government to put in even more money to keep it afloat. Anglo, which was ...

Spain confirmed its timid recovery from recession on Thursday with 0.2 percent growth in the second quarter, final official data showed. The figure, which confirmed provisional data issued by the National Statistics Institute (INE) on August 13, follows growth of 0.1 percent ...

German business sentiment has rebounded to levels seen before the 2007 financial crisis, the Ifo economic institute said Wednesday in the latest sign of strength from Europe's biggest economy. An improvement in industrial leaders' assessments of the current situation and surprising retail ...

Domestic consumption and business investment have helped Germany post record growth and raised the chances that Europe's economic engine will keep chugging along this year, economists said on Tuesday. Stimulus measures have swollen public debt however, data from the national statistics office ...

Germany says budget deficit hits 3.5 percent of GDP in 1st half of 2010Germany's deficit rose sharply to 3.5 percent of economic output in the first half of 2010, putting it on track to break EU budget rules due to the costs ...

Britain's first coalition government since World War II is still enjoying a political honeymoon 100 days after coming into office, a poll suggested on Wednesday. The survey for the Guardian showed 46 percent of voters deemed the Conservative-Liberal Democrat coalition was doing ...

Britain's economic forecaster says there's a chance of a slide back into recessionThe head of Britain's new Treasury watchdog says he can't be sure the country won't slide back into recession. Alan Budd, the outgoing chief of the Office for Budget Responsibility, ...

Powerhouse Germany posted its best economic growth since reunification on Friday, driving Europe past the United States in a four-year record but analysts warned the recovery could be peaking out. The strong performance, bolstered by peers France and Britain, sent stock markets ...

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Topic: Western Europe

Alcohol consumption plummets

Anglo Irish Bank losses hit record level in first half

Spain's GDP up 0.2% in second quarter

Spain's GDP up 0.2 pct in second quarter

German business sentiment at three-year high

German consumption, investment bode well for rebound

German budget deficit jumps to 3.5 pct in 1st half

Coalition enjoys honeymoon 100 days on

UK forecaster: Britain could return to recession

Germany drives record Europe recovery, but experts fear peak

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