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Financial crisis

Germany warns euro crisis not over
Europe's efforts to solve its debt troubles won a vote of confidence Friday from the chairman of China's sovereign wealth fund, but Germany's finance ...
Spanish economy minister to testify in bank probe
Spain's Economy Minister Luis de Guindos has been called by the National Court to testify in a probe into alleged fraud at one of the country's major ...
Greek dock workers extend strike
Greek dock workers extended a 48-hour strike for a further two days on Friday, leaving ferries tied up in port over the weekend, while Athens doctors ...
Latvia takes big step to joining euro
Unemployment, recession, debt, crisis and bailouts: These have been the sort of words that have been associated with the euro currency over the past ...
Greek doctors, public transport workers on strike
Greek doctors, port workers and public transport staff in the country's capital walked off the job Thursday in strikes against deeply unpopular ...
German unemployment sees seasonal rise in January
Germany's unemployment rate increased to 7.4 percent in January as the country was hit by harsh winter weather, but seasonally adjusted jobless ...
Cyprus jobless turn to illegal songbird trapping
It's just before first light and the bird-catcher strings nets among the orange, pomegranate, fig and carob trees in his orchard. The sound of ...
Protesters break into gov't building in Athens
Protesters forced their way into a government building in Greece's latest anti-austerity protests Wednesday, reaching just outside a minister's office ...
Cyprus president: Russia ready to help in bailout
Cyprus' president said Wednesday that Russia is ready to join the European Union in putting together a rescue package for the crisis-hit country.
Spain's recession deeper than thought
Spain's recession is worse than thought after official figures Wednesday showed the country's economy shrank 0.7 percent in the fourth quarter of 2012 ...
Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...
Lombardy stars as kingmaker in national elections
One region looms large over Italy's upcoming election: Lombardy. The nation's industrial powerhouse and home to its financial capital, Milan, the ...
Italian borrowing costs drop on 6-month auction
Italy raised €8.5 billion ($11.44 billion) in an auction of six-month bonds, as markets continue to shrug off any concern about political uncertainty ...
Trash piles at Madrid airport as cleaners strike
Empty bottles, cans and trash are piling up at Madrid's airport as cleaners enter the fifth day of a strike to protest proposed layoffs. The strike ...
Greece grapples with strikes despite mobilization
Striking bus drivers in Athens have defied a court order to return to their jobs, extending last week's protests by subway employees over ...
Italy gets through 2-year bond auction with ease
Italy has easily sold €4 billion ($5.4 billion) in 24-month bonds in an auction that saw the country's borrowing rates fall, in a further sign that ...
Troubled Dutch bank SNS looking at share issue
SNS Reaal NV, the troubled Dutch banking and insurance group, is looking to strengthen its capital buffers through strategies including a possible ...
Asia stocks up slightly on strong US earnings
Asian stock markets posted slight gains Monday after strong U.S. earnings pushed Wall Street indexes to multi-year highs, though Japan's Nikkei dipped ...
Fragile economy, other global woes dominated Davos
The fragile state of the world economy, along with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions ...
Venezuela prompted EU to change summit declaration
Oil-rich Venezuela scored a victory Saturday when it persuaded European delegates at a 60-nation summit to back down on a key point in the gathering's ...
Indonesia readies for $1 trillion trade talks
Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on ...
Thousands of Portuguese teachers protest big cut
Thousands of teachers from around Portugal are marching in downtown Lisbon to protest proposed spending cuts they say will slash €1 billion ($1.
AP Debate: Training needed to redesign job market
Training the youth for the challenges of a fast-changing world has to be central to any strategy to rebuild the job market following a financial ...
Fitch drives Cyprus deeper into junk status
International credit rating agency Fitch has downgraded Cyprus a couple more notches into junk status amid concerns that the government's support for ...