Topic: Western Europe

France and Germany clash over ECB crisis role

PARIS/ROME (Reuters) - France and Germany, Europe's two central powers, have stepped up their war of words over whether the European Central Bank should intervene more forcefully to halt the euro zone's debt crisis after modest bond purchases failed to calm markets.Facing ...
Spain's Socialist government admitted for the first time Wednesday it will miss its 2011 economic growth target, just four days before an expected election drubbing.Spain's sovereign borrowing costs inched up meanwhile, raising the stakes for the next government amid tension on international ...

Spanish center-right riding voter anger to victory

MADRID (Reuters) - Voter anger over Spain's economic plight is certain to sweep the center-right People's Party to an election victory on Sunday, giving it a resounding mandate to slash public spending and try to rescue the country from the euro zone ...

France, Germany clash over ECB role to stem crisis

PARIS/ROME (Reuters) - France and Germany, Europe's two central powers, clashed on Wednesday over whether the European Central Bank should intervene more forcefully to halt the euro zone's accelerating debt crisis after modest bond purchases failed to stop the rout.Facing rising borrowing ...

Spanish centre-right riding voter anger to victory

MADRID (Reuters) - Voter anger over Spain's economic plight is certain to sweep the center-right People's Party to an election victory on Sunday, giving it a resounding mandate to slash public spending and try to rescue the country from the euro zone ...
Berlin and Paris propped up the crippled eurozone with resilient growth figures Tuesday but France was buckling on tense bond markets as Italy and Greece raced to install new governments.In Rome, new Prime Minister Mario Monti won vital support from two key ...

Euro zone barely grows in Q3, downturn seen

BERLIN/PARIS (Reuters) - The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across ...

Germany, France post solid growth, outlook bleaker

BERLIN/PARIS (Reuters) - The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across ...

Euro zone posts growth, but downturn seen likely

BRUSSELS (Reuters) - The 17-nation euro zone economy grew a modest 0.2 percent in the third quarter from the second, the EU said on Tuesday, lifted by France and Germany, but economists say the bloc is almost certainly heading for a recession.Growth ...

German manufacturing shrinks in Oct for 1st time in 2 years: PMI

BERLIN (Reuters) - Germany's manufacturing sector contracted in October for the first time in more than two years as new orders fell for a fourth month in a row, data showed on Wednesday in the latest sign Europe's bulwark economy is set ...