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A technician works on the production line of Super-Puma helicopters at the European civil and military helicopter manufacturer Eurocopter in Marignane, December 17, 2012. Jean-Paul Pelissier/Reuters
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Luis Borges dresses a shop dummy in his clothes store's display window in downtown Lisbon, Jan. 4, 2013. Portuguese retail sales were eight percent down in the 12 months to November 2012 as bailed-out Portugal endured a recession. The price label on the right reads in Portuguese: 'Men's coats. Sales.' Francisco Seco/AP
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Ireland's Prime Minister Enda Kenny (l.) talks to the media after a European Union leaders summit in Brussels December 14, 2012. European leaders agreed to press on with further steps to tackle their debt crisis but German Chancellor Angela Merkel threw out a proposal to boost risk-sharing with a fund to help eurozone states in trouble. Francois Lenoir/Reuters
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Papier-mache sculptor Mario Di Donfrancesco works in his workroom in the southern Italian city of Lecce, January 5, 2013. Di Donfrancesco, who started his workshop in 1980, specializes in sculpting and restoring religious statues that are largely made from papier-mache. Di Donfrancesco said his business did not experience a crisis during 2012 because their products are catered to the rich. Tony Gentile/Reuters
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People queue to use an ATM machine outside of a Laiki Bank branch in Larnaca, Cyprus, March 16, 2013. Many rushed to cooperative banks which are open Saturdays in Cyprus after learning that the terms of a bailout deal includes a one-time levy on bank deposits. Analysts have warned that making depositors take a hit might possibly lead to bank runs. Petros Karadjias/AP
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People dressed in costumes watch the prize draw for Spain's Christmas lottery known as 'El Gordo' or 'The Fat One' in Madrid, Dec. 22, 2012. Lucky winners of Spain’s cherished Christmas lottery, the world’s richest, celebrated, as initial indicators show more than a dozen locations where lucky tickets were sold, each picking up the maximum prize of euro 400,000 (529,840 US dollars), and some thousands of tickets yielding smaller prizes. Daniel Ochoa de Olza/AP
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A sign informing that the merchant accepts euros and US dollars in his shop in Riga January 3, 2013. Latvia is currently fulfilling the Maastricht criteria for joining the eurozone for the fourth month in a row and would ask for a European Commission and European Central Bank assessment of its euro readiness late January or early February 2013, Latvia's Ministry of Finance informed local media. /Ints Kalnins/Reuters
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A homeless man sits on an old sofa on a pedestrian street in the northern port city of Thessaloniki, Greece, Jan. 7, 2013. Greece has entered a sixth year of economic recession, and faces record high unemployment and homelessness rates as it struggles to tackle an acute financial crisis that has forced drastic cuts in state spending. Nikolas Giakoumidis/AP
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Police officers try to push protesters back onto the pavement after they blocked traffic on Oxford Street, London while taking part in a demonstration they said was over dismissals of 28 workers employed by contractors on the Crossrail transport project, for being trade union members, Nov. 14, 2012. The protest was held to coincide with planned European strikes in Spain, Italy, Greece, Portugal, France and Belgium against austerity measures and economic reforms. Matt Dunham/AP
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People looks at a bubble breaking in the air as artists perform for money in Madrid, Jan. 6, 2013. The number of people registered as unemployed in Spain has gone down, bringing some cheer as the country looks to emerge from recession in 2013. Andres Kudacki/AP
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European Central Bank (ECB) President Mario Draghi smiles during a European Parliament economic and monetary affairs committee meeting in Strasbourg, January 16, 2012. After easing the Eurozone crisis, Draghi has to live up to even bigger expectations in 2013. Vincent Kessler/Reuters
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A couple kiss in front of a large neon heart that is lit above the entrance of Altiero Spinelli building of the European Parliament in Brussels December 17, 2012. Laurent Dubrule/Reuters
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Erna Solberg, leader of Norway's pro-EU Conservatives and likely next prime minister, says that after Iceland's electoral results, Europe is not in the cards for Norway over the next few years.
By
Valeria Criscione, Correspondent /
May 1, 2013
Sigtryggur Johannsson/Reuters