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Angela Merkel: Pastor`s daughter to world`s most powerful woman

Last Updated: Tuesday, December 17, 2013, 11:58

German Chancellor Angela Merkel, a pastor`s daughter who grew up under communism, rose to become the world`s most powerful woman, governing Europe`s biggest economy and setting the political tone on the continent.

Spain confirms exit from recession

Last Updated: Thursday, November 28, 2013, 17:24

Spain Thursday said it has technically escaped a two-year recession by posting feeble growth in the third quarter, but with an unemployment rate still towering at 26 percent.

ECB suspends early repayments of emergency funds

Last Updated: Friday, November 22, 2013, 15:35

The European Central Bank said on Friday it is suspending early repayments by banks of the emergency funds they borrowed at the height of the eurozone crisis.

Eurozone industrial output turns lower: Eurostat

Last Updated: Wednesday, November 13, 2013, 21:59

Weaker-than-expected September eurozone industrial output, a key measure of manufacturing activity, points to a slowdown in what is already a weak recovery, official data and analysts said Wednesday.

Eurozone inflation falls to 3.5-year low in September

Last Updated: Monday, September 30, 2013, 16:08

Euro zone inflation fell faster than expected in September to its lowest since February 2010, signalling that the European Central Bank can maintain its loose monetary policy to help the bloc's recovery.

Nokia's decline hits Finnish economy

Last Updated: Friday, September 27, 2013, 14:48

A leading Finnish research institute lowered the nation's economic growth forecast, and attributed it to the decline of Nokia, which sold its mobile businesses to Microsoft earlier this month.

Eurozone economic sentiment hits 15-month high in July

Last Updated: Tuesday, July 30, 2013, 17:45

Economic morale in the eurozone reached a 15-month high in July as sentiment improved in the currency bloc's four largest economies, underpinning Europe's chances of a gradual exit from nearly three years of economic downturn.

Eurozone finance ministers agree ESM direct bank funding

Last Updated: Friday, June 21, 2013, 08:56

The 500-billion-euro ESM was set up initially to bail out struggling member states.

Obama warns against `losing` jobless generation

Last Updated: Wednesday, June 19, 2013, 22:20

Obama told a joint news conference with Merkel -- who with other European leaders is racing to tackle high youth unemployment in some EU countries -- that the goal of making the "lives of people better" must be kept in sight.

Eurozone crisis takes toll on development aid

Last Updated: Thursday, April 11, 2013, 10:17

It’s no secret that development aid from the world’s richest countries is ebbing.

Eurozone crisis has hurt global investment; India is no exception: FM

Last Updated: Saturday, March 23, 2013, 11:56

Referring to global economy, the Minister said the eurozone crisis has impacted investment around the world and India was no exception.

Eurozone crisis to be over by September: RBI

Last Updated: Sunday, March 03, 2013, 19:14

If RBI Governor D Subbarao's prediction is anything to go by, the Eurozone crisis is likely to be over with expiry of his term in September this year.