Steven van Rijswijk, ING CEO and Chairman of the Executive Board, says the risk of a European recession has declined. He ...

Europe's economy has grown by a modest 0.2% in the third quarter, according to official figures released Thursday ...

As markets head into a year of uncertainty against a backdrop of shifting economic data and monetary policy, analysts are turning positive on the outlook for the euro. Having fallen below parity with ...

Italy narrowly avoided recession in the third quarter, data showed on Thursday, with gross domestic product stagnating following a marginal contraction in the second quarter, and underperforming most ...

Europe is on the brink of a recession. This video explores the driving forces—skyrocketing energy prices, currency pressures, and global slowdowns—and considers how bad it could get.

With the United States and financial markets pressing for decisive action, European leaders will meet Wednesday on their region’s widening debt crisis amid a new forecast that suggests the broad ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. PARIS (AP) — The world faces the worst ...

The European Commission today said that the European Union countries probably are in the midst of a recession and that the outlook for 2009 growth is dim. The Brussels, Belgium-based EC said that the ...