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  • September 23, 2014
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  1. News - World - GREECE

    Greece to open debt-relief talks with euro zone creditors

    Posted May 05th 2014, 09:01pm by GDN

    ... with his euro zone counterparts in Brussels, four years after Athens received its first slice of international aid. Stournaras confirmed speculation that Greece would propose measures to alleviate ...

  2. News - World - EUROPE

    Jeroen Dijsselbloem new chief of euro zone finance ministers' forum

    Posted Jan 23rd 2013, 12:00am by AFP

    ... Agence France-Presse in Brussels Jeroen Dijsselbloem takes over from Jean-Claude Juncker as chief of the euro-zone financial forum Dutch finance minister to head Eurogroup Jeroen Dijsselbloem of the Netherlands took over yesterday as chairman of the euro-zone finance ministers' forum, despite surprise Spanish resistance. "We appointed the Dutch finance minister Jeroen ...

  3. News - China

    EU ‘better than North America’ for China firms

    Posted Jan 31st 2013, 08:56pm by AFP

    ... Agence France-Presse in Beijing Chinese firms consider the European Union as good or better an investment destination than North America, the EU chamber of commerce in China said on Thursday, despite the euro zone’s debt crisis and recessionary woes. Even more preferred to put money into the European Union than nearby Southeast Asia, where some countries have significant ...

  4. News - World - EUROPE

    Latvia brings dirty money headache to euro zone as it enters monetary union

    Posted Jan 01st 2014, 03:26am by AP

    ... Associated Press in Riga, Latvia As nation joins monetary union, observers see its loose financial oversight as a problem Latvia brings dirty money headache to euro zone When Latvia adopts ... nine months ago that the euro zone had to rescue Cyprus, a similarly tiny member state that also specialised in attracting huge deposits from Russia. Since then, euro-zone leaders have vowed ...

  5. News - World - EUROPE

    Fears over Greece haunt a recovering euro zone

    Posted Aug 24th 2013, 12:00am by GDN

    ... a recovering euro zone Dutch Finance Minister Jeroen Dijsselbloem has become the latest politician to concede Greece may need a third bailout, casting a shadow over news that euro-zone companies ... next month, were a reminder that the euro zone is still not out of the woods, despite an upbeat survey suggesting economic recovery in the 17-member bloc is gathering strength. The monthly ...

  6. News - World - EURO ZONE

    Euro zone unemployment hits record 12.2pc

    Posted May 31st 2013, 06:44pm by AP

    ... Another 95,000 people joined the ranks of the unemployed, taking the total to 19.38 million. At this pace, unemployment in the euro zone could breach the 20 million mark this year. The figures, ... the euro zone is in its longest recession since the euro was launched in 1999. The six quarters of economic decline is longer even than the recession that followed the financial crisis of 2008, ...

  7. News - World

    Euro zone debt jumps to 90pc of GDP in second quarter

    Posted Oct 24th 2012, 07:39pm by Associated Press in London

    ... the previous quarter’s 88.2 per cent and the previous year’s equivalent of 87.1 per cent, as reported by Eurostat, the EU’s statistics office, is a result of the euro zone’s economic problems – which ... that use the euro are in recession – Greece, Spain, Italy, Malta, Portugal, and Cyprus. Many analysts expect the euro zone to slip back into recession in the third quarter of the year when official ...

  8. News - World - SPAIN

    Crisis zone where Spanish villagers enter lottery to win a job

    Posted Sep 12th 2013, 12:00am by NYT

    ... The New York Times in Alameda, Spain Televised raffle organised by mayor, offering temporary work to the unemployed, is grim sign of devastating economic slump gripping Spain Crisis zone where villagers enter lottery to win a job The day Spaniard Josi Antonio Pirez Zembrana, 32, won the lottery, he did not jump for joy. He was pleased, of course. But around him were so many ...

  9. News - World - EU TALKS

    Euro zone bank supervisor will take time, says Germany

    Posted Sep 03rd 2012, 08:16pm by Associated Press in Berlin

    ... on September 12. Internal market commissioner Michel Barnier said last week he hopes it could be phased in starting next January and be extended to all banks in the euro zone at the beginning of 2014. ... the euro zone’s debt crisis is for struggling countries to cut their budget deficits and pursue structural reforms such as liberalising labour markets. Berlin says aid can only be granted under ...

  10. News - World - GREECE

    Financial crisis drives up Greek suicide rate

    Posted Sep 12th 2013, 12:00am by AP

    ... Associated Press in Athens Financial crisis drives up Greek suicide rate Suicides increased by 45 per cent during the first four years of Greece's financial crisis, a mental health aid group said. It warned there are indications of a further "ve ...




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