Companies are reducing their workforce in response to decreased orders and economic activity, intensifying the crisis. The eurozone PMI, published on Monday by S&P, rose in December to 49.5 points ...

By 2011 the financial crisis in the Eurozone had pushed smaller economies such as Greece to the brink of bankruptcy. European finance ministers agreed to provide a €110 billion rescue package for ...

"The reform efforts following the eurozone debt crisis have paid off — for Greece, Spain, and Portugal in particular," he added Southern EU countries like Greece have learned their lesson from ...