After record losses of €6.8 billion for 2015, markets are also concerned about Deutsche Bank’s ballooning legal bill.

Deutsche Bank’s share price is in free fall after attempts to calm speculation about the finances of Germany’s largest bank backfired. This came as (...)

German Finance Minister Wolfgang Schauble said he’s not worried about Deutsche Bank after the shares and bonds of Germany’s biggest lender took a battering over investor concern about capital and funding levels.

German Finance Minister Wolfgang Schauble said he’s not worried about Deutsche Bank after the shares and bonds of Germany’s biggest lender took a batt(...)

German chancellor Angela Merkel: The Christian Social Union (CSU), which is allied to Merkel’s governing CDU party, opposes her perceived “open door” policy on migration. Photograph: Michaela Rehle/Reuters

Angela Merkel has mastered many challenges in the last decade, from the financial and euro crises to the Kiev-Moscow military standoff. But none was q(...)

German finance minister Wolfgang Schauble: “Who can, should act, and later we will negotiate distribution. We cannot wait longer for results in Brussels.” File photograph: Emmanuel Dunand/AFP/Getty Images

German finance minister Wolfgang Schäuble has called for a European “coalition of the willing” to tackle the continent’s migration crisis – rather tha(...)

Taoiseach Enda Kenny said he would confirm the Government’s commitment to keep the cost-base under control and contain public spending when he met existing and potential investors at Davos on Thursday. Photograph: Collins

Ireland’s economy would have fared better if it had been permitted by the European Central Bank to burn private debt holders, Nobel Prize-winning eco(...)

German Chancellor Angela Merkel  arrives for the Christian Social Union (CSU) meeting in the southern Bavarian resort of Wildbad Kreuth. Michaela Rehle/Reuters

Angela Merkel has rejected angry ally demands to close Germany’s borders in the Bavarian lion’s den – but promised to review her liberal migration pol(...)

European Commission president Jean-Claude Juncker: ‘Whoever kills Schengen carries the internal market to its grave.’ Photograph: Yves Herman/Reuters

EU member states’ failure to deliver solutions to the migration crisis will have “enormous economic consequences” for the bloc, European Commission pr(...)

 Alexis Tsipras: succeeded in maintaining his position as prime minister despite signing up to a vastly more punitive austerity programme than anything that had been envisaged at the beginning of the year. Photograph: Philippe Wojazer/Reuters

It was shortly before 9am on July 13th when bleary-eyed euro zone leaders emerged to face the waiting media. Following a marathon 17-hour EU summit,(...)

Clientelism and plutocracy are so embedded in the Greek political system that to change it would require heart and brain in the corridors of power. Photograph: Orestis Panagiotou

It wasn’t a merry Christmas in Greece and it won’t be a happy new year. Not for the 26 per cent unemployed (many of whom will be long-term unemployed(...)

German Chancellor Angela Merkel attends a meeting of the Bundestag to  discuss the country’s 2016 budget.  Photograph:  Adam Berry/Getty Images

Battling a bad cold and facing down a growing political chill, Chancellor Angela Merkel has warned the Bundestag – and her European allies – that “w(...)