The European commission strongly refuted the withering criticism of the International Monetary Fund on Thursday, arguing that it had not mismanaged its handling of the Greek crisis.
Ten years ago this week, it was euro crunch time for Britain. Gordon Brown had promised an assessment of whether the UK met his five tests for entry into the single currency within two years of the 2001 election. He met the deadline almost to the day.
Another month, another dismal set of jobless figures from the eurozone.
The outgoing governor of the Bank of England has called on the British people not to "demonise" bankers for the financial crisis.
The eurozone's private sector shrank for the 15th consecutive month in April – suggesting the single currency area will fall deeper into recession this quarter.
The eurozone's recession will be even deeper than previously feared this year, the European commission has warned, as it slashed its outlook for crisis-stricken Cyprus and downgraded the prospects of the bloc's biggest economies.
The warning signs are flashing red for the eurozone.
Cyprus's crisis-hit economy could shrink by 13% in 2013, a government official warned on Thursday, as the head of the European Central Bank insisted the chaotic rescue of the troubled island was not a model for future bailouts.
The value of individual Bitcoins has hit a record high of almost $147 as interest in the cryptographic currency, which has no central issuing bank, has exploded.
David Cameron is to tell the president of the European council in Brussels that a compromise plan for the EU budget is unacceptable because it includes drastic cuts to Britain's multibillion pound rebate.
Ukip is emerging as the chief beneficiary of a mood of disillusionment with the EU, according to a new Guardian/ICM poll that records a surge for the party of two percentage points.
Tony Blair has accepted some responsibility for the state of Britain's economy after admitting his government failed to understand the complexity of the financial sector or foresee that it was on the brink of crisis.