Many are hoping the green shoots will continue in Spain which has posted its first full year of economic expansion since the financial meltdown.
The eurozone’s fourth largest economy grew by 1.4% in 2014, according to initial data from the National Statistics Office, with expansion recorded for six quarters in a row.
Some of the poorest households in Croatia are to benefit from a debt-forgiveness scheme mounted by the Zagreb government.
The unprecedented initiative, in which around 60,000 citizens will have their debts written-off, is hoped will boost the economy by helping people regain access to facilities.
The International Monetary Fund said today that the economic recovery has slowed in Portugal over the last six months and that the country's growth is being hampered by the inability of the government to push through the agreed reform agenda.
The IMF’s report is the first since the bailout funding period ended and looks at the monitoring period during which agreed reforms have slowed now the pressure is off and all of the bailout money safely drawn down.
The price of goods in the eurozone in January experienced their largest fall in the history of the euro.
Consumer prices in the eurozone were 0.6% lower than a year earlier, following deflation of 0.2% in December, according to a preliminary estimate by Eurostat.
The Spanish-Portuguese platform against tolls on the Algarve's Via do Infante has announced that its latest protest will be on the Guadiana bridge on February 7th.
The ‘International Guadiana March for free movement on the A22 - Tolls Out’, will witness protestors cross over the Guariana bridge twice, hooting away and generally attracting press attention.
Another new social experiment is to begin in Sweden.
A high tech office block there has decided to micro-chip its employees and do away with swipe cards, pin codes and passwords in order to gain access to the building.
Algarve tourism boss Desidério Silva was the star turn in Portimão court yesterday as he avoided answering some rather difficult questions about a property license and falsification of documents.
Silva is now well known as the well fed boss of the Algarve Tourism Board and as the former mayor of Albufeira which he left in financial tatters before his period of office officially was due to end.
Amazon surprised the stock market on Wednesday when it announced having made a profit.
The news follows close on the heels of the retailer’s announcement that it had suffered the largest loss in its history.
