Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory
Shop prices fell at their fastest rate on record in December, in a sign of intense competition on the high street over the crucial Christmas trading period.
The threat of deflation in the eurozone was back on the radar of the European Central Bank after figures showed a surprise slowdown in the cost of living to 0.8 per cent in December.
The European Commission hailed the overnight agreement by finance ministers for a new system to deal with failing banks as an "unprecedented" achievement.
European Commission President appeals to member states to redouble efforts to quell financial turmoil
To keep the euro steady, it's vital that the ECB and other institutions regain public trust
Economic View: What happens to US rates affects the rest of the world but so too does what happens to the US economy
Europe is experiencing a huge shift in population, exacerbated by the eurozone’s rigidities
Ecnomic View: Understandably there has been criticism of the timing and phraseology of the Bernanke speech
Crisis could be reignited if Germany’s highest court rules against the European Central Bank
The unemployment rate rsoe from 7.5 to 7.6 per cent
The European Central Bank has left interest rates unchanged, admitting it has discussed a number of policy options in case the eurozone fails to emerge from recession later in the year.
Q. Is an exit from the euro really a possibility?
Banks could lose emergency funding within 72 hours, prompting exit from euro
Move would attempt to stop money flowing out of the country