Global markets rattled over Greece debts as Osborne talks tough on EU in Brussels

British chancellor’s warning about UK referendum on EU membership earns mixed reaction while fears of Greek bankruptcy mount Global markets were rattled on Tuesday by renewed fears that Greece is close to bankruptcy while tough talk from George Osborne on the UK’s position in Europe added to jitters about the region’s future. The first cabinet member of the new Conservative government to visit Brussels, the chancellor met his fellow EU finance ministers to discuss the Greek financial crisis and the region’s economics.

Eurozone recovery defies the odds but long-term problems remain

Spain’s economy is going like a rocket but unemployment is still the dark cloud that hangs over the euro area Perhaps it was the warmer winter that spurred economic activity in the eurozone, or maybe confidence was boosted by a financial firewall being erected around Greece to protect against a messy default.

Eurozone recovery hopes boosted as Spain announces GDP rise

Spanish growth highlights contrast with Greece where fears about cash crisis remain high Spain’s economy is growing at its fastest pace since before the global economic crisis in 2007, official figures showed on Thursday, boosting hopes that the eurozone is bouncing back, despite the ongoing turmoil in Greece. The expansion of Spain’s economic activity has been driven by important structural reforms Related: Eurozone recovery defies the odds but long-term problems remain Continue reading…

Eurozone factory growth hits 10-month high, but Greece lags behind – live updates

Rolling economic and financial news, as eurozone officials discuss the slow-moving Greek negotiations Latest: Eurozone manufacturing boosted by weak euro Greece hit by political uncertainty Spanish factory recovery is alive and well On Greece: Economy minister: bailout deal coming next week The Agenda: Euro officials to hold conference call today 10.41am BST Most European stock markets have defied expectations and rallied this morning, reversing yesterday’s slide. The news that eurozone factory growth strengthened last month helped to send shares up in Paris, Frankfurt, Milan and Rome