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Financial crisis

Spain bad loan ratio edges toward 11 pct
The proportion of bad loans on Spanish banks' books has edged up to 10. 8 percent while the Treasury had to pay higher interest rates to raise 5 ...
Ukraine kids at risk from low vaccination rates
When the time came to vaccinate her 4-year-old daughter, Yelena Hlushko hesitated, spooked by widespread fears in Ukraine about vaccines and by a boil ...
Portuguese teachers strike over austerity plans
Thousands of Portuguese students have missed mandatory end-of-year exams because of a 24-hour strike by teachers opposing government plans to extend ...
Little joy in Croatia as it enters the EU
There will be festivities and fireworks, but Kata Secic can't muster much enthusiasm for Croatia's historic entry into the European Union.
Italy approves measures aimed at boosting economy
The Italian government has adopted a series of measures aimed at boosting the economy, including the release of 3 billion euros ($4 billion) for ...
Europe seeks ways to ease youth unemployment
Germany, France, Italy and Spain agreed Friday to find ways to help small- and medium-sized companies as part of a broader plan to create badly needed ...
Spain's public debt hits record high
Spain's central bank says the country's public debt burden rose to a record 88.2 percent of gross domestic product at the end of the first quarter.
Euro fund chief: do without IMF in long term
The head of Europe's bailout fund says the region should eventually aim to do without help from the International Monetary Fund. Klaus Regling's ...
IMF: Portugal meeting targets but outlook is grim
The International Monetary Fund says Portugal is on track to meet conditions of its bailout but the economic outlook is grim, support for austerity ...
ECB official defends crisis measures in court
A top European Central Bank official rejected accusations that the bank had exceeded its powers while fighting the financial crisis, telling Germany's ...
Italy raises 7 billion euros in bond sale
Italy paid slightly higher interest rates to sell 7 billion euros ($9.3 billion) in 12-month bonds. The Italian Treasury said Wednesday that it paid 0
Turkish economy depends on political stability
The escalation in the clashes between Turkey's government and protesters could hurt an economy that has become a source of growth and stability in a ...
German court weighs legality of ECB crisis measure
Top European financial officials testified Tuesday for and against a European Central Bank program that has been instrumental in calming the euro debt ...
Juncker concedes mistakes on Greek bailout
Former Eurogroup president Jean-Claude Juncker conceded Tuesday that mistakes were made in the bailout of Greece — days after a similar admission by ...
Greek gas sale deflates amid new EU-IMF inspection
Greece's troubled privatization program suffered a blow Monday after the Russian energy giant Gazprom withdrew its interest in buying the natural gas ...
ECB defends bond program before German hearing
A top European Central Bank official has warned that a German court judgment against the bank's program to buy the bonds of troubled economies could ...
Cypriot puts mock toilets outside Central Bank
Andreas Efstathiou's vision of Cyprus' tanking economy is 20 plaster-and-perlite creations that look like toilets but also resemble tombstones.
Greek opposition: IMF mistake won't ease austerity
An admission from the International Monetary Fund this week that it mishandled the early stages of Greece's massive bailout will not lead to any ...
Cyprus lifts restrictions on Russia's Avtovazbank
Cyprus authorities on Friday removed restrictions on money withdrawals and transfers for the clients of Russian bank Avtovazbank who don't live on the ...
EU's top economic official lashes out at IMF
The man in charge of the European Union's rescues of its debt-crippled countries has slammed the International Monetary Fund's criticism of the Greek ...
Portugal's parliament approves new spending cuts
Portugal's two coalition government parties have used their parliamentary majority to pass 2013 state budget amendments contested by the opposition, ...
EU rejects IMF criticism on handling Greek crisis
Two of the main institutions in charge of managing Europe's debt crisis have clashed over whether mistakes were made in the handling of Greece's debt ...
Glance: Key ECB measures to calm eurozone crisis
The European Central Bank and its president, Mario Draghi, have played a key role in fighting the government debt crisis afflicting the 17 European ...
Portuguese parties remain divided over austerity
Portugal's main opposition Socialist Party says its differences with the government over economic policy are insurmountable and prevent the forging ...
France's Hollande visits Japan to push nuke ties
French President Francois Hollande arrived in Japan on Thursday for a visit expected to focus on closer cooperation in nuclear energy technologies and ...