Olaf Scholz

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Eurogroup president Paschal Donohoe, on the screen, speaks during an online news conference following a Eurogroup video conference meeting at the European Council headquarters in Brussels, on November 30th. Photograph: Francisco Seco/Pool/AFP

Lessons from Ireland’s economic crisis are shaping the European Union’s economic response to the coronavirus pandemic, Minister for Finance Paschal Do(...)

Eurogroup president Paschal Donohoe: brokering a deal on the reform is an early success for him. Photograph: Francisco Seco

European Union finance ministers reached a deal on Monday on a long-awaited reform of the bloc’s bailout fund with the aim of increasing economic stab(...)

Opponents of Covid-19 restrictions pictured at a rally in Germany

Germany plans to almost double the borrowing it had planned for next year to finance emergency aid for businesses during the second wave of the Covid-(...)

New York City street vendors march over the Brooklyn Bridge calling on the New York City Council to include street vendors in the city’s Covid-19 recovery efforts by passing a law, Intro 1116, that would lift the limits on the number of street permits. Photograph: Justin Lane/EPA.

The United States has seen more than 250,000 deaths due to Covid-19 on Wednesday as the Trump administration repeatedly fails to get a grip on the cri(...)

European Commission president Ursula Von Der Leyen: The result of the US election was broadly greeted with relief in Europe.  Photograph:   Olivier Hoslet/pool/AFP via Getty Images

Usually, European leaders wait for the losing side in any United States presidential election to deliver their concession speech before publicly congr(...)

German finance minister Olaf Scholz: By mid-2021, we want to reach an international consensus. File photograph: EPA

European Union proposals for a digital tax may be delayed to allow for more time to reach a worldwide agreement on the issue, German finance minister (...)

 Anti-Trump street art  in Paris. Photograph: Kiran Ridley/Getty Images)

European leaders urged for all votes to be counted amid a nail-biting presidential election count in the United States in which Republican incumbent D(...)

Medical workers tend to a patient infected with Covid-19 at the intensive care unit of the Lariboisiere Hospital of the Assistance Publique - Hopitaux de Paris. File photogaph: Joel Saget/AFP/Getty Images

Bars in Paris have been ordered to close for two weeks, Madrid residents may no longer leave their city as governments struggle to contain a Europe-wi(...)

Wirecard collapsed into insolvency on June 25th after admitting that about €1.9 billion in cash was missing from its accounts. Photograph:  Christof Stache

The German parliament is to hold a full inquiry into the collapse of the disgraced payments company Wirecard, in a move that will keep the affair at t(...)

German minister of finance Olaf Scholz during a press conference in Berlin.

Germany expects the economic devastation caused by the Covid-19 pandemic to be less severe this year than originally feared, but sluggish foreign dema(...)

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