European Central Bank president Mario Draghi

German chancellor Angela Merkel and European Central Bank president Mario Draghi aren’t blinking yet. The longest losing streak in European stocks in (...)

General view of the container terminal “Burchardkai” of the Hamburger Hafen und Logistik AG (HHLA) in the harbour of Hamburg

German exports slumped by 5.8 per cent in August, their biggest fall since the height of the global financial crisis in January 2009, in yet another s(...)

“The German economy is no longer running smoothly,” warned Ifo president Hans-Werner Sinn. “Although assessments of the current business situation improved slightly, scepticism with regard to future business developments increased significantly.”

Germany’s closely watched Ifo business confidence index continued its fall in September to its lowest level in nearly 18 months.The index, collated b(...)

Volkswagen T5 cars are pictured at the booth of German carmaker Volkswagen at the IAA truck show in Hanover. Photograph: Fabian Bimmer/Reuters

German business sentiment fell for a fifth straight month in September to its lowest level in nearly 18 months, dampening expectations for a third-qua(...)

British lender Barclays has axed 2,700 jobs at its investment bank this year as part of a wider cull of 19,000 roles over three years

The banking sector’s long and painful restructuring accounted for a further 1.2 per cent fall in staff numbers at Europe’s biggest lenders in the firs(...)

Mario Draghi: Several commentators said his action  postpones a divisive debate about launching an all-out programme to buy government bonds or quantitative easing. Photograph: EPA/Frank Rumpenhorst

Irish bond yields sank to fresh lows yesterday as global markets digested the impact of Europe’s latest monetary stimulus. The European Central Bank’s(...)

Ryanair closed 1.57 per cent up at €7.394, after breaking the €7.40 mark earlier in the day. The airline released figures showing August passenger numbers were up 4 per cent at 9.4 million. Photograph: Rui Vieira/PA Wire

European stocks rose as Russia and Ukraine agreed on the steps needed for a truce, while a poor euro zone purchasing managers’ index stoked specula(...)

People walking past a retail store that is having a sale in Rome. Italy slid into recession for the third time since 2008 in the second quarter. Photograph: Stefano Rellandini/Reuters

The European Central Bank (ECB) faces fresh calls to adopt growth-boosting measures after data out yesterday showed growth in the euro zone has stalle(...)

Euro zone industrial production contracted unexpectedly in June, hurting hopes for a stronger recovery as the region feels the effect of conflict in Ukraine, Iraq and and Gaza.  Photograph: David Jones/PA Wire

Euro zone industrial production contracted unexpectedly in June, hurting hopes for a stronger recovery as the region feels the effect of conflict in U(...)

ING Bank: abandoned dividends after its €10bn state bailout in 2008. Photographer: Andrey Rudakov/Bloomberg

ING shareholders will get double the dividend expected in 2015 if the ECB’s bank tests do not produce upsets for the Dutch banking giant, its chief fi(...)