European Central Bank president Mario Draghi commented last week that policymakers were prepared to add economic stimulus next month, fuelling the so-called yield grab. Photograph: Reuters/Francois Lenoir

Ireland’s long-term borrowing costs remained near record lows yesterday on foot of a possible ratings upgrade from Moody’s later in the week and sp(...)

German economics minister Sigmar Gabriel: said “the driving force” behind growth  is domestic demand. Photograph: John MacDougall/AFP

Germany is facing into a broad-based, domestic-driven economic upswing, official data indicated yesterday, with growth hitting 1.8 per cent this ye(...)

Luis Linde, the governor of the Bank of Spain, told a conference this week that the risk of deflation was “not zero”. Photograph: Angel Diaz/AFP/GettyImages

Concerns that the euro zone could be drifting towards deflation received a fresh jolt yesterday after Germany and Spain reported a drop in cons(...)

Employees work underneath the chassis of a Mercedes-Benz S-Class automobile as it moves along the production line at the Daimler AG Mercedes-Benz factory in Sindelfingen, Germany, on Friday, Jan. 24, 2014. Mercedes-Benz. Photographer: Krisztian Bocsi/Bloomberg

German business morale climbed in January to its highest level since July 2011, suggesting Europe’s largest economy is on track for a strong start to (...)

European Central Bank chief Mario Draghi says the EU risks not doing enough to prevent another financial crisis. As bond-market pressure on policy mak(...)

An employee stands beside a fork lift truck in front of side panel frames for BMW i3 battery-powered automobiles, manufactured by Bayerische Motoren Werke AG, at the company’s factory in Leipzig, Germany. Photograph: : Krisztian Bocsi/Bloomberg

German industrial production rebounded in August, adding to signs that Europe’s largest economy is benefitting from the euro area’s recovery. Output, (...)

German factory orders unexpectedly declined for a second month in MayPhotograph: Prashanth Vishwanathan/Bloomberg.

German factory orders unexpectedly declined for a second month in May in a sign that the euro area’s struggle to emerge from its longest-ever recessio(...)

Graffiti depicting European Central Bank (ECB) president Mario Draghi and German chancellor Angela Merkel is seen on a fence surrounding the construction site for the new ECB headquarters in Frankfurt. The ECB held interest rates at 0.5 per cent today. Photograph:  Ralph Orlowski/Reuters.

The European Central Bank will keep interest rates at record lows for an extended period and could yet cut them further, the bank’s chief, Mario Dragh(...)

Jobseekers queue outside an employment centre in Sintra, Portugal. Photograph: Mario Proenca/Bloomberg

Unemployment has reached a new high in the euro zone and inflation remains well below the European Central Bank’s target, underscoring just how severe(...)