Recession

France’s Hollande urges euro zone government, common debt

17 May 2013

French President Francois Hollande called on Thursday for an economic government in the euro zone that would have its own budget, the right to issue debt, a harmonised tax system and a full-time...

11:47AM

Euro zone marks sixth quarter of recession

15 May 2013

The euro zone's recession extended into its sixth quarter - longer than the calamitous slump that hit it during the financial crisis of 2008-09. Eurostat, the European Union's statistics office,...

5:02AM

Number of evictions in Spain a record high in 2012

27 Mar 2013

Eviction procedures in Spanish courts for unpaid mortgages and rent hit a fresh high last year, an oversight body said, as a sharp economic downturn and record unemployment continued to take a...

6:06AM

Recession, high property prices not signs of market failure

28 Feb 2013

Live and learn. When I was in school, I learned in physics that there can only be one pivot in any pivotal operation, and I learned in economics that the pivot of market operations is price.

5:02AM

6 comments

Japan's GDP fall boosts Abe's case for stimulus

14 Feb 2013

Japan's economy unexpectedly shrank in the past quarter as falling exports and a business investment slump outweighed improved consumption, bolstering Prime Minister Shinzo Abe's case for more...

6:06AM

EU climbing out of crisis

15 Jan 2013

European leaders declaring they have gained the upper hand in the three-year-old debt crisis are sharpening efforts to channel a rebound in financial markets to an economic recovery to chip away...

4:16AM

Opinion

Workers pay the price for our bargains

5:20AM

Howard Winn

Barry Cheung makes waves in Moscow

3:47AM

UK house prices fall amid weak economy

Britain's house prices declined last month and may fall "modestly" this year, because of a weak economic recovery, Nationwide Building Society said.

2:48AM

Stock markets rally despite global economic malaise

You had perfectly good reasons for being cowardly about the stock market in 2012, but caution didn't serve you well.

4:24AM

A prayer for 2013

These are perilous economic and financial times. Leading dogmatic US politicians are determined to drive their country over the fiscal cliff, at the risk of tipping their nation and the ailing...

4:14AM

ITALY

Italian PM Mario Monti resigns ahead of elections

Italian Prime Minister Mario Monti resigned on Friday with his political plans still in doubt, paving the way for early elections next year in a lynchpin eurozone state still mired in recession....

3:08AM

ECONOMY

British economic growth revised down to 0.9pc in third quarter

Britain's economy grew by a worse than expected 0.9 per cent in the third quarter, downwardly revised data showed yesterday, sparking fresh speculation over a possible "triple dip" recession,...

2:36AM

Recession threatens Japan's tax rise

Japan's economy sank into recession in the second and third quarters, fuelling opposition leader Shinzo Abe's calls for more stimulus and highlighting the risk that weak growth will derail a...

3:25AM