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 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 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 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 Rubber bullets fired in Spanish anti-austerity protest A day of nationwide protests against spending cuts in Spain has ended in violence, with police firing rubber bullets at protesters in Madrid. Seven people w...
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 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 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 8.9% drop in UK university applications University applications from UK students for courses starting in the autumn have fallen by 8.9% on last year, according to figures from the universities and colleges admissions ser...