Low inflation has put European Central Bank (ECB) President Mario Draghi back to where he was a year ago:  considering once again if he needs to do more to pump up price growth. (Photograph: MOURAD BALTI TOUATI/EPA)

Mario Draghi can’t catch a break. After overcoming a recession, Greece’s debt crisis and a damaged financial system, the European Central B(...)

 Despite the rise in unemployment, the Bundesbank said in its July monthly bulletin that “strong” increases in factory orders during April and May suggest acceleration in the economy in coming months. (Photograph: Ralph Orlowski/Bloomberg)

German unemployment unexpectedly rose for a second month in July, signaling that uncertainty surrounding Greece and the future of the euro risks damp(...)

 Greek Prime Minister Alexis Tsipras addresses the  Greek Parliament on July 22nd, prior to its approval of  tough new conditions set by European creditors. Photograph: EPA/Yannis Kolesidis

What does the future hold for the euro zone after the abyss of a “Grexit”? Many have predicted the euro “experiment” will end and the era of national (...)

An employee welds the frame of a driver’s cabin for a snow groomer on the production line at the Pistenbully factory in Laupheim, Germany.  Industrial output was unchanged  in May, data from the Economy Ministry showed. Photographer: Martin Leissl/Bloomberg

German industrial output stagnated in May, data from the Economy Ministry showed on Tuesday, with increases in consumer and capital goods helping to o(...)

A protester holds a sheet with the Greek word for ‘No’ during an open house presentation of Germany’s conservative Christian Democratic Union (CDU) party  in Berlin, while German chancellor Angela Merkel speaks in the background. Photograph: Getty Images

When Alexis Tsipras meets Angela Merkel today in Brussels, the German leader may like to remind her mythology-loving Greek counterpart of the fate of (...)

Yanis Varoufakis, Greece’s finance minister, exits a polling station after voting in the national referendum in Athens. Photograph: Yorgos Karahalis/Bloomberg

  The European Central Bank will consider whether to continue providing emergency liquidity assistance (ELA) to Greece at a scheduled meet(...)

The word ‘No’ in Greek is daubed over the sign for the new European Central Bank (ECB) headquarters  in Frankfurt. Photograph: Ralph Orlowski/Reuters

As the first rays of sun in Frankfurt struck the skyscrapers of Germany’s financial capital, people hurrying to work were shocked but not surprised th(...)

The headquarters buildings of Deutsche Bank: prosecutors are examining the role played by individuals connected with Deutsche Bank’s involvement in the Libor rate-rigging scandal. Photograph:  Daniel Roland/AFP/Getty Images

Frankfurt prosecutors are examining the role played by individuals connected with Deutsche Bank’s involvement in the Libor rate-rigging scandal – pote(...)

European Central Bank president Mario Draghi: the ECB fire brigade was late arriving to do “whatever it takes” in 2012 and, again, to take action to move the rate of inflation back towards its target of 2 per cent. Nonetheless, the ECB did take action. Photograph: Emmanuel Dunand/AFP/Getty Images

When the Economic and Monetary Union (EMU) was set up, a lot of work went into specifying the governance and objectives of the European Central Bank ((...)

The IMF announcement that it was leaving came as the European Union told leftist Greek Prime Minister Alexis Tsipras bluntly to stop gambling with his cash-strapped country’s future and take crucial decisions needed to avert a devastating default. Photograph: Stephanie Lecocq/EPA

The International Monetary Fund has dramatically raised the stakes in Greece’s stalled debt talks, announcing that its delegation had broken off negot(...)