Double-digit unemployment and rising inequality have ravaged the continent. A return to traditional currencies may offer a solution.

The Italian banking crisis that could take down the eurozone has been called “a bigger risk than Brexit." Handwringing officials say there is “no magic bullet,” but a British professor, Richard Werner, says remedies are just being ignored.

The timing couldn't be better for this new book, which recounts the tragic irony of how the euro, which was supposed to bring Europe together, is in fact driving it apart.

China, Europe and Japan are driving down the value of their currencies in order to make their exports more attractive on the global market, leaving millions of workers in associated industries “protected or vulnerable, depending on which side they find themselves,” writes Guardian economics correspondent Phillip Inman.

Most of Sunday's snap general election results are in -- and it seems Syriza has claimed another important victory in Greece and Alexis Tspiras will continue to lead the country.

The prime minister and leader of the Syriza party will submit his resignation to the country’s president Thursday, making way for early elections scheduled for Sept. 20, government officials report.

Ending down 16.23 percent by the end of Monday, Athens' stock market experienced its worst daily performance since at least 1985, when modern record keeping began.

The International Monetary Fund has said it will not participate in a new bailout for Greece until an “explicit and concrete agreement” on debt relief is reached by the country’s eurozone creditors.

The international financial organization has warned of economic trouble ahead for the eurozone as worry over Greece lingers, unemployment remains high and the banking sector struggles to shake off the residue of the financial crisis.