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With Greece finally implementing the biggest debt writedown in history and predictions the country’s debt is to decline more than previously expected, a solution to the crisis may seem in view, but some politicians disagree.
The euro zone is showing tentative signs of improvement,
Hundreds of thousands of Spaniards have taken to the streets to protest a labor law reform. The demonstrations organized by labor unions are paving the wave for a nation-wide strike planned for March 29.
European plane-maker Airbus has teamed up with French flag-carrier Air France and supplier Safran to call for France's help in resolving tensions with China over the European Union's controversial carbon emissions tax, which they say is threatening o
Spain's two main unions, the General Workers Union and the Workers Commissions, have called for a general strike on March 29 to protest the government's austerity push.
UKIP Leader Nigel Farage launches an e-petition during the UKIP 2012 Spring Conference - 3 March 2012
Fitch just downgraded Greece from "C" to "restricted default."
The chief executive of the Airbus parent company, EADS, has accused European Union officials of sparking a fight with China over aircraft emissions that threatens to cost the jet manufacturer $12bn in orders.
Restructuring plan aimed at reducing national debt by $140bn will see private investors take huge losses on their loans.
...following that is an article also from the weekend Journal. If anyone still believes that the USA has a free-market economy, both pieces should disabuse them of the notion. The editorial describes how export subsides from the federal Export-Imp
The euro zone is out of the emergency ward, but it may face a chronic debilitating illness rather than a rapid convalescence.
After three years of tough talks and painful concessions from Belgrade, Brussels has finally granted Serbia formal EU candidate status
The unemployment rate in the eurozone is soaring, with the rate now at 10.7% for euro-using countries. Spain and Greece have the highest rates.
European Union leaders met for a second day of talks in Brussels on Friday, where 25 of the bloc's 27 countries signed a "fiscal compact" enshrining common debt rules among the 17 members of the euro zone.
Azerbaijan, Turkmenistan and the EU are preparing two documents that will allow them to take delivery of the Caspian and in particular Turkmen gas to Europe
German Chancellor Angela Merkel is urging her lawmakers to support the new rescue package for Greece.
Tens of thousands of students marched out of their schools across Spain today, protesting broad education cuts that have caused teacher layoffs, overcrowded campuses and unheated classrooms.
The global financial system is not a game of checkers.
The ritual is now familiar. European officials meet with Chinese leaders seeking assurances of help for the continent’s debt crisis.
The Irish government announced plans to call a referendum on the new European Union budget discipline treaty, a vote it—and the rest of the euro zone—had hoped to avoid.
The European Union has published a list of senior Syrian officials, including several government ministers, targeted by a latest round of sanctions as the death toll from a crackdown on an anti-government uprising continued to grow.
European banks and various insurance companies are about to send out the first group of colonial scouts in the form of German tax collectors.
After the global crisis of 2008 and disturbances of 2011, investors around the world are puzzling over the best places to put their money.
The internal documents of the European Commission reveal the disgraceful attempts to push for higher levels of commitments in trade in industrial goods and agricultural products, services and investment liberalisation
Essentially, Germany wants Greeks to become German: to stoically accept real wage deflation while working hard and paying their taxes in a good Protestant manner.
State-owned Royal Bank of Scotland paid out nearly a billion pounds in bonuses to staff for last year despite posting a fourth-quarter loss of nearly 2 billion pounds
Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!”
BAD year for Canada's tar sands. The US rejected the Keystone XL pipeline that would have carried fuel south
Eurozone finance ministers have agreed a second bailout for Greece after marathon talks in Brussels.
