12:37pm

Spanish unemployment hits record high

Jobless total soars to almost 6m with 60% of under 25s out of work

9:35am

Eurozone business activity improves

January PMI jumps to 48.2, beating expectations

From WORLD 6:48pm

Spain tries to peel back business regulation

6:14pm

Bullish Latin America leaders host summit

First meeting with EU counterparts held in Chile

Global Insight from WORLD 4:51pm

Cameron in danger of misreading Merkel

There is a long British tradition of failing to understand Berlin

From MARKETS 10:10am

Yen undermined by record export gap

Japan posts its largest ever annual trade deficit in 2012

From WORLD 8:54pm

Euro-MPs vote to extend sugar quotas

Moves to liberalise market in EU thrown into doubt

Editorial from COMMENT Jan 23, 2013

Weidmann’s doubts

Fears over imminent currency war are overstated

From MARKETS Jan 23, 2013

Portugal returns to long-term debt market

Overseas investors lead stronger than expected demand

A barman chats with his only customer on a Friday night, a typicall night for Spaniards to hang out, inside his empty bar on November 23, 2012 in Villacanas, Spain. During the boom years, where in its peak Spain built some 800,000 houses a year accompanied by the manufacturing of millions of wooden doors where needed, the people of Villacanas were part of Spain's middle class enjoying high wages and permanent jobs. During the construction boom years the majority of the doors used within these new developments were made in this small industrial town. Approximately seven million doors a year were once assembled here and the factory employed a workforce of almost 5700 people, but the town is now left almost desolate with the Villacanas industrial park now empty and redundant. With Spain in the grip of recession and the housing bubble burst, Villacanas is typical of many former buoyant industrial Spanish towns now struggling with huge unemployment problems. ©Getty Jan 23, 2013

Spanish economic woes deepen

Sharp drop in GDP, down 0.6% in fourth quarter

Jan 23, 2013

Global economy set for ‘slow recovery’

Economists predict weak growth and call for more reform

From WORLD Jan 23, 2013

Full text of Cameron’s speech

Prepared text of the British PM’s speech on Europe

From COMMENT Jan 22, 2013

Cyprus: not blameless but misunderstood

Reforms and strengthened banks will help growth, writes Panicos Demetriades

Jan 22, 2013

Davos executives worried about growth

CEOs also concerned about shareholders and falling margins

From MARKETS Jan 22, 2013

EDF sets hybrid bond issue record

State-controlled French utility borrows €4bn

Jan 22, 2013

Warning on new currency war

From WORLD Jan 22, 2013

France and Germany plan closer eurozone

Merkel and Holland look to stabilise and deepen integration

Jan 22, 2013

Poland braced for fresh exodus of workers

More Poles set to migrate to seek work as growth slows

From MARKETS Jan 22, 2013

Ireland signals use of ECB bond plan

Dublin lays the groundwork for application

Lex Jan 22, 2013

Video: The stock rush

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