This summer, European vacationers are being brought down to earth. A campaign, marked by hashtags such as #stayontheground and #flightshame, is pressuring travellers to think twice about the carbon impact of their air travel. Even airlines are joining in the public shaming. KLM Royal Dutch Airlines is encouraging people to fly less, and Deutsche Lufthansa AG’s CEO recently declared that ...

Having been upstaged again last week by the Federal Reserve, the European Central Bank will join its US counterpart in global economic spotlight when the Governing Council meets on Thur- sday in Frankfurt and, like Fed, signals further monetary stimulus ahead. But ECB is facing a much more difficult script than the Fed. Lacking a more substantial role, the council’s ...

This week, Spain may finally get a government based on the results of its April parliamentary election. If it doesn’t, there’s likely to be a fourth election in as many years. Spain joins the growing ranks of countries run for extended periods by technocrats rather than politicians, and it appears to be doing fine — like most of the others ...