Let DW-WORLD.DE be your guide on a trip through European history - from the Battle of Salamis in 480 BC to the introduction of the euro in 2002.
Some of Italy's largest banks have had their credit ratings slashed by S&P, a month after the Italian state saw its own creditworthiness cut. Prime Minister Mario Monti played down the bank downgrades.
As Greece prepares to accept new austerity measures, questions have arisen about the ECB's methods. A controversial bond swap is intended to cut Greek debt, but could be a subsidy in disguise.
After some 16 months of disagreement, lawmakers in Sarajevo have approved a power-sharing coalition government. The small Balkan country's parliament is divided between Serb, Croat and Muslim leaders.
The head of Franco-German aerospace giant EADS says the corporation will push through up to 350 million euros in savings before the year's end.
Spain's center-right government hopes a string of new labor reforms will make it easier to get to grips with public deficits and cushion the impact of a looming recession. Creating new jobs remains a top priority.
US imports surpassed the country's exports by almost $600 billion (454 billion euros) last year amid signs of a recovery. But the widening trade gap with China is reason to worry.
Two Dutch journalists have been acquitted of violating the privacy of a former SS officer. The public interest outweighed the man's right to privacy, according to the German court.
Germany has refused, for now, to sign the international online anti-piracy treaty known as ACTA. The German government had already agreed in principle, but appears to be wavering in the face of public protest.
The international copyright treaty is meant to improve the protection of intellectual property. But critics fear the deal could severely restricts Internet freedoms.