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The impact of quantitative easing was blunted by unconventional monetary policies and conservative fiscal policies
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Larry Elliott: While the initial response to European Central Bank’s stress tests has been positive, there are good reasons to be wary
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Rolling business and financial news, as German sentiment slides again and shares in Italy’s Monte dei Paschi’s are suspended after tumbling 15%
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Ireland’s finance minister Michael Noonan offers assurance that the bank will survive
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The Bank of England has published the minutes of its monthly rate-setting committee, revealing that a majority voted to keep interest rates at 0.5%
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Hans-Werner Sinn: The eurozone should emulate the US approach in maintaining stability in a monetary union
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Germany’s tough economic medicine risks killing off the European project