Leaders of recession-hit Europe take a fresh stab at fighting tax fraud and evasion worth a trillion euros a year at a summit Wednesday but seem unlikely to convince reluctant Austria and Luxembourg to sign on.
Monday, May 20, 2013
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The latest draconian measures to shore up the Portuguese economy will make matters worse and the government should break the agreement with the IMF and European Union or obtain better terms, an opinion poll found on Monday.
Monday, May 20, 2013
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Asia's mobile revolution is set to transform the region's financial services industry, offering a cheap way for millions of migrant workers to send money home to their families, a report said on Monday.
Friday, May 17, 2013
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The European Central Bank is exploring ways to directly help small and medium-sized companies as a way to boost the recession-hit eurozone economy directly, said Benoit Coeure, a member of the bank's executive board.
Thursday, May 16, 2013
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Pope Francis on Thursday called on world leaders to put an end to the "cult of money" and to do more to help the poor, warning that insecurity was rising in many regions of the world and the "joy of life" was diminishing in developed countries.
Thursday, May 16, 2013
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Singaporean housewife Siti Khadijah Abdul Rahman accumulated a few thousand dollars' worth of gold accessories over the past two decades, but now a rising cost of living is forcing her to pawn them.
Tuesday, May 14, 2013
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European finance ministers on Tuesday bid to unlock a trillion-euro annual crackdown on tax evasion, under pressure from EU leaders looking for new measures to boost job creation and growth at their Brussels summit next week.
Monday, May 13, 2013
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A majority of European investors believes that the eurozone debt crisis is still a threat to financial markets which are rising strongly despite weak activity in Europe, Fitch Ratings agency said in a report on Monday.
Monday, May 13, 2013
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The Portuguese government is signalling that it has reached an agreement with IMF and EU creditors on its latest radical austerity measures to correct public finances, after the constitutional court struck down some of the proposed policies.
Sunday, May 12, 2013
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Thousands of Spaniards on Sunday gathered to mark the second anniversary of the "indignants" movement formed to protest economic inequality as unemployment in the debt-ridden country last month hit record levels.
Wednesday, May 22, 2013
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