There is a greater risk of social and unemployment crisis among countries in the eurozone than those outside it, and this threatens to undermine the euro itself, warns employment and social affairs commissioner László Andor.

Fitch ratings agency downgraded debt-crippled Greece deeper into junk territory, warning of a “probable” Greek exit from the euro currency union if new national elections next month produce an anti-bailout government.

An 11-year-old’s plan to solve one of the key questions at the centre of the European crisis — how to get countries to leave the euro — features unhappy Greeks and pizza.

Eurozone countries have agreed to boost their firewall against the debt crisis.

The European Commission is proposing that it be allowed recommend to a member state that it seek financial assistance.

FOR anybody sad enough to surf the economics blogs that have become so popular since the global economic crisis began in 2007, it is very apparent that the world of economics is totally divided on the most appropriate stance to take to turn the crisis around.

A new crackdown on EU countries failing to run their economies efficiently was described by the European Commission today as “the most comprehensive reinforcement of economic governance since the launch of Economic and Monetary Union”.

WE’RE finding out just what Germany thinks of Greece and lest you think that such foreign stuff is of little interest to us, it is hugely relevant in so many very important ways, most especially to our standard of living.

THE spectre of the bogeyman has re-entered Irish politics. The bogeyman is the International Monetary Fund (IMF) with which we were threatened last during the 1980s. The IMF is the lender of last resort, the place where a country goes for money when it can’t get it anywhere else.

European officials have asked the public to vote on the design of a €2 coin.

THE euro is one of the main causes of our current economic problems and has been for some years now.