Swiss central bank sees growth and risk for nation
Switzerland's economy will continue to grow this year but faces risks from the recession in the euro area, its biggest trading partner, the hesitant U
Regulators order lenders to raise more capital
British regulators are ordering some of the country's biggest banks to bolster their balance sheets by 27. 1 billion pounds ($42.1 billion) to prevent ...
World Bank highlights climate-poverty link
The World Bank says it will increasingly view its efforts to help developing countries fight poverty through a "climate lens." In a report released ...
IMF calls for urgent steps on Spain unemployment
Spain faces the prospect of high unemployment and sluggish growth lasting years unless the country and Europe take "urgent action" to slash the ...
Cyprus seeks help from creditors for troubled bank
Cyprus' president has warned the country's international creditors that its largest bank's cash reserves are running dangerously low, a problem that ...
Sweden sells shares in bank Nordea for $3 bln
The Swedish government says it has raised 19.5 billion Swedish kronor ($3 billion) by almost halving its stake in Nordic banking group Nordea AB.
G8 faces uncertain recoveries, turbulent markets
Europe is mired in debt and recession. Financial markets have hit violent ups and downs on fears that U.S. stimulus efforts may soon be scaled back.
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 ...
Putin: IMF needs reform
Russian President Vladimir Putin, preparing for next week's G-8 summit, says reforming the International Monetary Fund should be a top issue among the ...
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 ...
Vatican credit stop emblematic of finance woes
The Vatican put a new coin on sale last week to commemorate its historic papal transition. Too bad overseas collectors won't be able to buy it for ...
Asian stocks slide led by Tokyo on worries
Asian stocks slid in early Thursday trading as gyrations on the Tokyo market, the region's biggest, continued — fueled by worries about a surging yen ...
IMF gives Portugal more time to cut budget deficit
The International Monetary Fund has approved a request by Portugal for more time to cut its budget deficit as the country struggles with 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 ...
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 ...
German floods could cost insurers $4 billion
Damage from the past week's flooding in Germany likely will lead to insurance claims of up to 3 billion euros ($4 billion), a credit rating agency ...
Central bank: Finland in recession through 2012
The Finnish central bank says Finland's economy is in worse shape than earlier believed and that the recession will continue through 2012. The bank's ...
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 ...
Dutch central bank says deficit set to worsen
The Netherlands' central bank is warning that unless the Dutch government cuts spending, the country's budget deficit will widen from 3.5 percent of ...
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 ...
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