Germany’s position on responding to the recession is winning out in the EU. The working papers of the Economic and Finance Committee prepared for the Ecofin meeting are reported in FT Deutschland. It is argued that it is now time to plan an exit strategy and agree on a binding plan to reduce deficits. 'Europe’s finance ministers are determined to decide a fiscal exit strategy as early as Tuesd...

Tensions remained high following the G20 summit of world finance ministers amid demands from China Russia Brazil and India for the US and Europe to give more information on their economies.

A downgraded EU employment summit in Prague yesterday (7 May) agreed on ten measures to fight soaring unemployment and calm sweeping social unrest, which has brought thousands of people to the streets across Europe.

Paul Blomfield, Member of Parliament for Sheffield Central, has called on the Government to urgently put in place a jobs plan in order to tackle rising overall unemployment, and particularly rising youth unemployment. Today's unemployment figures reveal 1 million young people are now out of work. In Sheffield Central constituency the unemployment rate now stands at 8.1%, an increase of 20.4% ...

Mr Darling has three aims for the Finance Summit this weekend - to borrow more money, to borrow more money and to borrow more money. It’s a strange way of sorting out a crisis brought on by borrowing too much. His three way plan consists of 1. Countries to

In search of the best strategies to boost Europe's leadership in ICT (Information and Communications Technology) research and innovation in the next decade, the European Commission has launched a public consultation.

As world leaders prepare for the G20 meeting in Washington to discuss ways to overcome the financial crisis, Europe's economy took another hit after its two heavyweights, Germany and the UK, reported negative growth and higher unemployment.

Despite fears of unemployment, some of the most inspiring struggles have taken place against the backdrop of a recession, writes Sadie Robinson

EU leaders met yesterday for an emergency summit to try and find a consensus on the global financial crisis before April’s G20 summit. However, the Times notes that the summit was “marked by suspicion and self-interest, with the economic crisis exposing deep faultlines on how best to respond to the downturn.

Fears of financial instability in central and eastern Europe and economic nationalism in the west are expected to dominate a summit of European Union on Sunday as the 27-nation bloc plunges deeper into recession