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After years in which market forces dominated, in which economies were supposedly self-regulating and in which the nation state appeared increasingly to be impotent, markets are now struggling to cope with the return of what might loosely be called "
Greece will stick to its deficit-cutting plan and the first three months of the year will be crucial for regaining investors and EU confidence, the country's finance minister said in an interview on Sunday. "As far as the budget is concerned, every
Sing his praises, shower him with gifts and scatter his path with rose petals. For, had it not been for Brown, Britain would now be a member of the European single currency – and a whisker away from the financial rigor mortis now spreading across
What began with worries about the solvency of Greece in the face of high deficits, fake budget figures and low growth has quickly become the most severe test of the 16-nation euro zone in its 11-year history. Anxieties about the health of the euro ,
Asian equity markets tumbled Friday, dragged by sharp losses in Wall Street Thursday as heightened concerns over European debt hurt demand. Risk aversion was the order of the day, as investors cashed out of stocks in the wake of the Dow Jones
And if that seems likely will the rest of Europe, or the IMF come to the rescue? But beyond that there are some even bigger questions about the Euro. In particular, will Greece quit the euro or even be expelled from the eurozone?...But the question
The meeting with his German counterpart Wolfgang Schaeuble was part of a trip of Bulgaria's finance minister to member states of the eurozone. The German minister was briefed on the parameters of Bulgaria's convergence program until 2012, which
The figure, for the 16 countries using the euro, surprised analysts, who had forecast a 0.4% rise in sales. Eurostat, the European Union's statistics office, said that year-on-year, sales fell 1.6% in the eurozone...Among the 27-nation EU, the
E ven though the monthly ADP employment report is often viewed with some skepticism by economists and investors, the January instalment has been accepted as an indication that the employment picture in the United States might be brightening a little.
Bulgaria’s Finance Minister Simeon Djankov declared Sunday night that the government’s actions were clearly threatening the interests of political impostors and oligarchs. “I do not care about criticism by failed politicians such as Rumen Ovcharov,