Europe Athletes arriving in London for Olympics With 11 days to go until the Olympic Games are to start, thousands of athletes and officials have begun arriving at London’s Heathrow airport, which is expecting its busiest day...
Europe G4S chief to face British Parliament over Olympics security Nick Buckles, the chief executive of security firm G4S, is to explain to British MPs later today why his firm was unable to provide the number of securit...
Europe Germany ordered to boosts benefits to asylum seekers Germany’s Constitutional Court has ordered the country’s government to pay a 50% rise in benefits to asylum seekers, who have for two decades received less ...
Europe Spanish recession deepens, but borrowing costs fall Official figures show a contraction of 0.4% inSpain’s GDP for the second quarter of the year. This shows the country’s recession deepening as it follows ...
Europe Markets rattled by more speculation over Spain’s regional debts Heavily indebted regional governments in Spain are at the centre of fears that they will push the national government into seeking a bailout for th...
Europe Germany’s AAA credit rating on negative watch The credit ratings agency Moody’s has changed its outlook for Germany’s AAA credit rating to negative, the first step towards a possible downgrade. Moody’s s...
Europe Scheme launches in UK to prompt lending The Funding for Lending initiative, a new scheme to prompt banks and other lenders to make more money available to homeowners and businesses, has come into operation in th...
Europe Recession in UK deepens Figures released today by the Office for National Statistics (ONS) showed that theUK’s economic output fell by 0.7% in Q2 this year. This contraction is bigger than expected, and was at...
Europe George Soros calls for Germany to “lead or leave the euro” International financier George Soros, writing in Monday’s New York Review of Books, has called for Germany to “lead or leave the euro”. The co...