Danish prime minister Helle Thorning-Schmidt – flanked by British PM David Cameron – whose decision to call an early general election marks the latest spate of electoral activity across Europe. Photograph: Francois Lenoir/AP Photo

The surprise decision by Danish prime minister Helle Thorning-Schmidt on Wednesday to call an early general election next month marks the latest spate(...)

New prime minister Juha Sipilä has appointed his predecessor, Alexander Stubb (above), as finance minister. Photograph: Markku Ojala/EPA

Helsinki has grasped an Irish solution to Finland’s spiralling problems, unveiling plans to cut €6 billion from the budget in a bid to restore econo(...)

Up and away: Aer Lingus  stock closed  yesterday 1.5 per cent up at €2.43. Photograph: Alan Betson

European shares rebounded on Wednesday from a one-week low the day before, supported by the prospect of an accord between Greece and its creditors. T(...)

EU migration commissioner Dimitris Avramopoulos at a press conference in Brussels on Wednesday to announce plans for other EU member states to take 40,000 migrants from Italy and Greece. Photograph: Emmanuel Dunand/AFP/Getty Images

Other EU member states will accept 40,000 migrants from Italy and Greece over the next two years under proposals announced by the European Commission (...)

Fears that Greece will default on  debt have spurred outflows from banks in the euro zone country.  Photograph: Yorgos Karahalis/Bloomberg

Greek banks have seen deposit outflows accelerate over the past week as fears rise that the euro zone country will default on debt, two banking sourc(...)

European economics commissioner Pierre Moscovici warns that Ireland remains vulnerable to economic shock

EU economics commissioner Pierre Moscovici said “concrete proposals” were under discussion with Greece to settle its funding gap, but he warned that f(...)

British minister for Europe David Lidington: set out Britain’s preliminary plans for renegotiation of EU membership. Photograph: Olivier Hoslet/EPA

Britain’s Europe minister, David Lidington, travelled to Dublin on Tuesday for discussions on Britain’s planned renegotiation of EU membership, ahead (...)

Yanis Varoufakis, Greece’s finance minister, said Athens is in talks with Swiss authorities on a plan to offer taxpayers with deposits abroad the chance to voluntarily declare them, pay taxes and avoid stiffer sanctions. Photograph: Kostas Tsironis/Bloomberg

Greece may impose a small levy on bank ATM withdrawals to encourage use of credit cards, as part of a package of measures aimed at fighting tax evasio(...)

A financial trader monitors data on computer screens at the Frankfurt Stock Exchange in Frankfurt, Germany. Photograph: Martin Leissl/Bloomberg

European shares fell on Tuesday and sterling rose to a 2-1/2 month high against a struggling euro as Greece’s ongoing debt drama offset bumper airline(...)

Joseph Stiglitz, Nobel prize-winning economist and professor of economics at Columbia University,. Photograph: Simon Dawson/Bloomberg

Joseph Stiglitz hankers after old heroes: Teddy Roosevelt, who broke up John D Rockefeller’s Standard Oil at the end of the Gilded Age in the United S(...)