The Riksbank brought forward its next policy board meeting by two weeks to Wednesday after data showed manufacturing contracted in November at its fastest pace since calculations began in 1994

Denmark looks set to join the growing list of European Union countries in recession after gross domestic product contracted by an annual rate of 1.2 per cent in the third quarter

This time the deal has a better chance becasue the financial crisis is throwing up combinations that wouldn't have passed muster six months ago

German chipmaker Qimonda warned that it might run out of money at the start of next year if it fails to secure financial help, such as €500m in state credit guarantees

Chancellor says Germany will keep 'all options open' in tackling the rolling economic crisis, raising the likelihood that Berlin would top up its modest fiscal stimulus