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Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory

Sir Christopher Pissarides wants to see output levels increase before interest rates are put up

Bank of England should hold rates and add stimulus, says Nobel prize economist Sir Christopher Pissarides

Renowned labour market economist warns it would be premature to put up the Bank’s base rates from 0.5 per cent

Davos 2014: Larry Summers slams George Osborne in fiery exchange over austerity

Larry Summers suggested the Chancellor's spending cuts prevented the British economy from growing sooner

IMF raises UK growth forecast to 2.4%

Mark Carney free to keep rates low as IMF warns against withdrawing stimulus too soon

George Osborne says Britain could leave EU unless it reforms

George Osborne has warned Britain could quit the European Union unless it is reformed.

Andrea Leadsom is the head of Fresh Start Group

Civil war erupts amongst Tory eurosceptics as the moderate 'Fresh Start Group' attacks 95 MPs who wrote to Cameron demanding vetos

Anti-European Tory backbenchers were yesterday accused by their more moderate Eurosceptic colleagues of running a “side-show” that is distracting from attempts at serious EU reform.

Angela Merkel, German Chancellor

German economic growth weakest since the global financial crisis

Germany grew at its weakest rate since the global financial crisis last year, official figures today showed.

World Bank expects the US economy to grow 2.8 percent this year, up from 1.8 per cent in 2013

Global economy 'bouncing back' as rich nations emerge from financial crisis, says World Bank

Global GDP to expand 3.2% this year, up from 2.4% in 2013

George Osborne delivered a warning that the EU should undergo reform, halting decline by backing business and curbing welfare spending

George Osborne sounds 'reform or decline' ultimatum to EU

Chancellor suggested UK was ready to press ahead with smaller group of like-minded countries under 'enhanced co-operation'

Eurozone unemployment rate remains stable at 12.1%

Eurozone unemployment was stable in November, prompting some analysts to suggest that the region’s problems might be beginning to abate.

A woman pays for her shopping in euros at a supermarket in Rujiena, near the border with Estonia. On 1 January Latvia became the 18th country to adopt the Euro

Latvia: The country that fell for the euro

The single currency is supposedly doomed, weighed down by the parlous state of the Greek economy and infighting between member states. So why on Earth would a Baltic state with a strong economy want to board this stricken ship?

President Hollande's approval rating has fallen faster than that of any other French President in the Fifth Republic, with 3.5 million French people out of work

François Hollande heading for crisis as he fails to deliver his promise to reduce unemployment

The French President staked his political credibility on a fall in the number of unemployed by the end of the year, but the figures are not going his way. What now for France’s increasingly unpopular leader, asks John Lichfield

Europe welcomes 'unprecedented' banking union agreement

The European Commission hailed the overnight agreement by finance ministers for a new system to deal with failing banks as an "unprecedented" achievement.

Hamish McRae: Next year should be good for the UK and other economies, but can the markets continue to rise?

Economic View: The better the economy does, the quicker rates rise and the greater the pressure on shares

Satyajit Das: Each stage of the eurozone debt crisis has increased the risks Germany faces

Das Capital: The German-led strategy shows little progress and is unlikely to resolve the crisis

Fresh blow for François Hollande as French unemployment hits 16-year high

French president François Hollande’s woes deepened today as unemployment hit its highest level for more than 16 years.

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Russia Today’s new UK channel began broadcasting yesterday. Discussions so far have included why Britons see Russia as ‘the bad guy’
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New UK station Russia Today gives a very bizarre view of Britain

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Left: An illustration of the original Jim Crowe, played by TD Rice Right: A Couple dressed as Ray and Janay Rice
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By performing as African Americans or Indians, white people get to play act a kind of 'imaginary liberation', writes Michael Mark Cohen

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Hand out press photograph/film still from the movie Mad Max Fury Road (Downloaded from the Warner Bro's media site/Jasin Boland/© 2014 Warner Bros. Entertainment Inc.)
films'You have to try everything and it’s all a process of elimination, but ultimately you find your path'
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Imelda Staunton as Dolores Umbridge in the Harry Potter films
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New essay by JK Rowling went live on Pottermore site this morning

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Top Gear presenter is no stranger to foot-in-mouth controversy

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Keira Knightley and Benedict Cumberbatch at the premiere of The Imitation Game at the BFI London Film Festival
filmsKeira Knightley tried to miss The Imitation Game premiere to watch Bake Off
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The drugs revolution starts now as MPs agree its high time for change

The drugs revolution starts now as MPs agree its high time for change

Commons debate highlights growing cross-party consensus on softening UK drugs legislation, unchanged for 43 years
The camera is turned on tabloid editors in Richard Peppiatt's 'One Rogue Reporter'

Gotcha! The camera is turned on tabloid editors

Hugh Grant says Richard Peppiatt's 'One Rogue Reporter' documentary will highlight issues raised by Leveson
Fall of the Berlin Wall: It was thanks to Mikhail Gorbachev that this symbol of division fell

Fall of the Berlin Wall

It was thanks to Gorbachev that this symbol of division fell
Halloween 2014: What makes Ouija boards, demon dolls, and evil clowns so frightening?

What makes ouija boards and demon dolls scary?

Ouija boards, demon dolls, evil children and clowns are all classic tropes of horror, and this year’s Halloween releases feature them all. What makes them so frightening, decade after decade?
A safari in modern Britain: Rose Rouse reveals how her four-year tour of Harlesden taught her as much about the UK as it did about NW10

Rose Rouse's safari in modern Britain

Rouse decided to walk and talk with as many different people as possible in her neighbourhood of Harlesden and her experiences have been published in a new book
Welcome to my world of no smell and odd tastes: How a bike accident left one woman living with unwanted food mash-ups

'My world of no smell and odd tastes'

A head injury from a bicycle accident had the surprising effect of robbing Nell Frizzell of two of her senses

Matt Parker is proud of his square roots

The "stand-up mathematician" is using comedy nights to preach maths to big audiences
Paul Scholes column: Beating Manchester City is vital part of life at Manchester United. This is first major test for Luke Shaw, Angel Di Maria and Radamel Falcao – it’s not a game to lose

Paul Scholes column

Beating City is vital part of life at United. This is first major test for Shaw, Di Maria and Falcao – it’s not a game to lose
Frank Warren: Call me an old git, but I just can't see that there's a place for women’s boxing

Frank Warren column

Call me an old git, but I just can't see that there's a place for women’s boxing
Adrian Heath interview: Former Everton striker prepares his Orlando City side for the MLS - and having Kaka in the dressing room

Adrian Heath's American dream...

Former Everton striker prepares his Orlando City side for the MLS - and having Kaka in the dressing room
Simon Hart: Manchester City will rise again but they need to change their attitude

Manchester City will rise again but they need to change their attitude

Manuel Pellegrini’s side are too good to fail and derby allows them to start again, says Simon Hart
Isis in Syria: A general reveals the lack of communication with the US - and his country's awkward relationship with their allies-by-default

A Syrian general speaks

A senior officer of Bashar al-Assad’s regime talks to Robert Fisk about his army’s brutal struggle with Isis, in a dirty war whose challenges include widespread atrocities
‘A bit of a shock...’ Cambridge economist with Glasgow roots becomes Zambia’s acting President

‘A bit of a shock...’ Economist with Glasgow roots becomes Zambia’s acting President

Guy Scott's predecessor, Michael Sata, died in a London hospital this week after a lengthy illness
Fall of the Berlin Wall: History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War

Fall of the Berlin Wall

History catches up with Erich Honecker - the East German leader who praised the Iron Curtain and claimed it prevented a Third World War
How to turn your mobile phone into easy money

Turn your mobile phone into easy money

There are 90 million unused mobiles in the UK, which would be worth £7bn if we cashed them in, says David Crookes