Mario Draghi, president of the European Central Bank (ECB), speaks during a news conference at the bank’s headquarters in Frankfurt. Photographer: Ralph Orlowski/Bloomberg

European markets cautiously set aside warnings that Russia’s conflict with Ukraine was sliding out of control today, as investors focused on the Europ(...)

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(...)