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EURO ZONE

FILE PHOTO: European Union flags flutter outside the European Commission...

Euro zone downturn eased in June, V-shaped recovery in doubt

The historic euro zone economic downturn eased again this month as swathes of businesses reopened after closures to stem the spread of the coronavirus, but a V-shaped recovery may be unlikely, a set of closely-watched surveys showed on Tuesday.

FILE PHOTO: News conference after a video conferenced EU summit with...

Still big gap to bridge on Brexit talks, EU says

Britain and the European Union still need to bridge "wide divergences" to reach a post-Brexit trade agreement, the European Union's chief executive said on Friday, following a video summit of EU leaders.

German Chancellor Angela Merkel addresses the lower house of parliament...

Germany wants to bolster EU shaken by pandemic: Merkel

The coronavirus pandemic has exposed the weakness of the European Union and Germany will use its presidency of the bloc to promote solidarity and economic prosperity among its 27 member states, Chancellor Angela Merkel said on Thursday.

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