Pension reform seen as crucial for ailing Portugal
A leading international economic body says Portugal must push ahead with changes to pension entitlements, even though the planned reforms are ...
Cyprus crisis ruins dying father's plans for kids
When Costas Kalapodas was diagnosed with brain cancer two years ago and given months to live, he saw one sure place to put his money: Cyprus' biggest ...
Pain bites into Portuguese life as crisis deepens
Serving a frugal lunch in their kitchen not much bigger than a bathroom, Pedro and Elena Baptista spoon stewed chicken feet onto their boiled potatoes ...
Portugal's prime minister says deeper cuts coming
Despite two years of corrosive austerity measures since it needed an international financial rescue, Portugal's prime minister told his country Sunday ...
Cypriots anxious as banks reopen with limits
Anxious Cypriots patiently waited in long lines to get at their accounts on Thursday after banks opened for the first time in nearly two weeks, ...
Protest action in Poland against government
Thousands of workers held work stoppages in Poland's southern industrial region on Tuesday to demand more job security, higher pensions and government ...
Cyprus president tries to amend bailout plan
Cyprus' president said Sunday that he is trying to amend a key provision of an unpopular eurozone bailout plan that would tax deposits in the ...
Pursuit of hackers who took credit reports expands
The pursuit of hackers who audaciously stole and published credit reports for Michelle Obama, the attorney general, FBI director and other U.S.
Survey: Many conflicted on gov't spending cuts
As President Barack Obama and lawmakers spar over huge federal deficits, they're confronted by a classic contradiction: Most Americans want government ...
UK civil servants to strike over pay, pensions
British civil servants are planning to strike this month amid an ongoing dispute over pay, pensions and working conditions. The Public and Commercial ...
Austerity triggers novel protests in Portugal
A Portuguese revolutionary song from 40 years ago is haunting the bailed-out country's government. Anti-austerity protesters are hounding senior ...
Pension costs dent retailer Ahold's Q4 profits
Royal Ahold NV, the Dutch operator of U.S. supermarket chains Stop & Shop and Giant, has reported a 41 percent fall in fourth quarter profits as a ...
Ireland apologizes to women of Catholic laundries
Ireland ignored the mistreatment of thousands of women who were incarcerated within Catholic nun-operated laundries and must pay the survivors ...
Greek poverty deepens as unemployment hits record
Unemployment in Greece rose to a record 27 percent in November as a result of the financial crisis and austerity measures that will leave, according ...
Retired Russian colonel convicted of coup attempt
A retired Russian military intelligence colonel has been found guilty of leading a bizarre plot that envisioned a group of elderly people taking over ...
Azerbaijani writer punished for pitying Armenians
A respected Azerbaijani author has been stripped of his pension and national honors for "insulting the dignity" of his country with a novel that ...
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 ...
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 ...
Official: China recovering from 'soft landing'
China's economy is now recovering from a "soft landing," but the big challenge in 2013 will be to prevent overheating while still promoting growth, ...
Greek Parliament approves key tax legislation
Greece's Parliament approved new tax legislation early Saturday aiming to boost state revenues by €2.3 billion ($3 billion) this year, under the ...
Portugal's government defends deeper austerity
Portugal's government is trying to defuse tension over its plan to cut state spending by €4 billion ($5.2 billion) over the next two years after a ...
Italy's Monti: I'm heading new electoral coalition
Italian Premier Mario Monti announced Friday he is heading a new campaign coalition made of up centrists, business leaders and pro-Vatican forces who ...
Cyprus uses pension money to pay holiday salaries
Cyprus' cash-strapped government had to get loans from state-owned companies to make sure it could pay its own workers' salaries during the holiday ...
Italy's PM says he intends to quit over crisis
Premier Mario Monti told the Italian president Saturday he is resigning soon, saying he can no longer govern after Silvio Berlusconi's party withdrew ...
Berlusconi in comeback bid to become Italy premier
Billionaire media baron Silvio Berlusconi, who resigned in disgrace with Italy tottering through the European debt crisis, announced Saturday he was ...
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