The European economy needs a "deep review" to face "the dawn of a new international order", European Central Bank President Christine Lagarde told French radio RTL on Wednesday.

The most severe economic escalation would come if Europe deployed its so-called anti-coercion instrument, nicknamed “the Bazooka,” which would allow it to target American services and investment. Under such a scenario, the EU could raise taxes, tighten regulatory scrutiny or otherwise constrain American firms operating in Europe.

It's not hard to see why Europeans often feel a sense of superiority over Americans. No European city has an area as dangerous or decrepit as San Francisco's Tenderloin district. Some Americans obsess about Europe's supposedly no-go areas, but no European ...

Euro zone retail sales rose more than expected in November and German industry continued to expand, offering further evidence that the currency bloc ended a turbulent year with stable growth.

FILE -Workers change tube lights of the Euro sculpture in front of the European Central Bank in Frankfurt, Germany, Dec.6, 2011. (AP Photo/Michael Probst, File) BRUSSELS (CN) — The U.S. economy expanded eight times faster than Europe’s in the second ...

BARCELONA--The Spanish economy gained a little pace in the three months through June, a sign of resilience for a eurozone facing a slowdown as higher U.S. tariffs bite. The Spanish economy grew 0.7% in the second quarter, accelerating a little from 0.6% in ...

FRANKFURT, Germany — Europe's economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the continent's biggest economy, Germany. Gross domestic product grew an ...

US president bats away questions over damage to US alliances, saying he has great relationship with European leaders outraged at his Greenland demands