Axa, Europe’s second-largest insurer, plans to invest €10 billion in infrastructure debt over the next five years as low interest rates push European (...)

Records relating to the Austrian  bank are among more than two million secret files obtained by the International Consortium of Investigative Journalists (ICIJ) that expose covert companies and trusts in the British Virgin Islands (above), the Cook Islands and other offshore havens.

Anglo Irish Bank’s subsidiary in Austria sought out business from a company that set up offshore trusts for customers, recommending the Irish-owned ba(...)

Passengers wait for their flight at Nice International airport yesterday.

The 48-hour strike by French air traffic controllers that grounded more than 3,000 flights across Europe since Tuesday morning ended last night but fu(...)

Driving up high-hedged roads, and turning off into an unmade lane, I’m not quite prepared for what I’m about to discover at the end. What I fin(...)

Traffic signs emerge from the river banks of the swollen Danube in Budapest. Hungary’s prime minister, Viktor Orban,  said the city could face major problems not only from the height of the water but from damage and disruption to sewage works and other systems.  Photograph: Reuters/Laszlo Balogh

The Danube has risen to record heights as Hungary hopes the efforts of thousands of emergency workers and volunteers to reinforce the city’s flood def(...)

The Croatian national flag, sits alongside the European Union flag on the Croatian island of Solta, in Maslinica, Croatia.

EU membership will help Croatia deal with its troubled past, President Michael D Higgins predicted during a visit there last week. However, it’s likel(...)

Giovanni Trapattoni ahead of the game against the Faroe Islands. Photograph: Donall Farmer/Inpho

Tonight’s game is a strange one for me. A friend described it as my first ever personal derby. Two teams playing each other that I never dreamed of ma(...)

Beach blahs: Ulrich Seidl’s ironically named Paradise: Love
Austrian Blues

You couldn’t say that Austrian cinema doesn’t have an identity. Over the last decade, directors from that nation have delivered some of the grimmest, (...)

Local residents walk through a street flooded from the nearby Elbe river in the historic city centre today.  Photograph:  Sean Gallup/Getty Images

Chancellor Angela Merkel promised €100 million to victims of Germany’s worst flood in a decade today as she toured areas devastated by the deluge whic(...)

A sign warns of floods as rainfall continues  near inundated streets in the town of Grimma, near Leipzig, Germany. Authorities in the  state of Saxon have declared Grimma a disaster area, according to local media. Photograph: Fabrizio Bensch/Reuters

The worst floods to hit the Czech Republic in a decade forced the evacuation of almost 2,700 people from low-lying areas while the rising water threa(...)

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