| Jul 17, 2013
| 5:12 PM
ATHENS – Bowing to pressure from international lenders, Greece on Wednesday moved to put more than 25,000 state workers on notice for dismissal by the end of the year in the first official winnowing of its costly civil sector.
| Jul 26, 2013
| 6:40 AM
WASHINGTON -- A Federal Reserve pullback of its economic stimulus efforts could reignite the European debt crisis as that region struggles to recover from its longest-ever recession, the International Monetary Fund warned.
In its annual assessment of...
| Jul 26, 2013
| 10:30 AM
WASHINGTON -- Clear communication and proper timing are key to the Federal Reserve ending its unprecedented stimulus efforts without damaging the improving U.S. economic recovery, the International Monetary Fund said Friday.
With Fed policymakers set to...
| Jul 26, 2013
| 8:23 AM
In an effort to avoid illness outbreaks from imported foods, the U.S. Food and Drug Administration has proposed new rules that would require importers to verify that their suppliers' standards are on par with those of domestic growers and processors....
| Aug 14, 2013
| 8:29 AM
The Eurozone, which has struggled with a debt crisis and a prolonged recession, saw its economy expand for the first time in 18 months, according to figures released Wednesday.
Eurostat, the European Union’s statistical agency, said the...
| Sep 22, 2013
| 3:35 AM
LONDON — Germans began heading to the polls Sunday morning in an election that will probably see their popular chancellor, Angela Merkel, voted in for a third term but forced to share power in government with one of the runner-up parties.
| Sep 23, 2013
| 10:03 AM
LONDON -- Fresh from her party’s best election showing in more than 20 years, German Chancellor Angela Merkel started the tricky task Monday of forming a new government after her preferred coalition partner was ousted from parliament in a shocking...
| Sep 6, 2012
| 9:23 AM
The European Central Bank announced Thursday that it would buy the bonds of financially flailing countries such as Spain and Italy in unlimited quantities if necessary to keep their borrowing costs down, in an unprecedented move to keep a lid on the...
| Sep 12, 2012
| 4:04 AM
Germany's highest court ruled Wednesday that the European bailout fund for financially ailing nations is in line with the country's constitution. Avoiding a negative ruling that would've sent financial markets into a tailspin, the court says the $640-...
| Sep 26, 2012
| 7:33 AM
Protesters clash with police in downtown Athens; Greek government cuts labelled unfair and a burden on the poor....
| Sep 11, 2012
| 10:02 AM
U.S. billionaire casino mogul Sheldon Adelson has picked Madrid as the site for a massive new casino complex called "EuroVegas." The Spanish capital beats out rival Barcelona as the site of the $21-billion proposed project, which comes laden with...