Greece's unemployment rate jumped to 12.1 percent in February, its highest in at least six years, and is expected to rise further as a result of Athens' plans for tough austerity to
Prospects for British economic growth remain muted as the country faces up to its first coalition government for decades, forcing the central bank to hold rates until 2011, the latest monthly Reuters
Optimism about a stronger recovery among the world's richest nations is gradually rising, Reuters polls show, unfazed by a European debt crisis that started in Greece and gripped markets in a chokehold
Cyprus Minister of Commerce, Industry and Tourism Antonis Paschalides has said that for the government and for the Cyprus Tourism Organization (CTO), the promotion of the domestic tourism constitutes a high priority
British Prime Minister David Cameron was holding his first cabinet meeting on Thursday, with rescuing the fragile economy the priority for the coalition government. The centre-right Conservatives and smaller centrist Liberal Democrats
Spain belatedly joined the euro zone's austerity bandwagon on Wednesday in response to a widening debt crisis as the European Commission sought an unprecedented right of prior review of national budgets. Prime
About 2,000 Greeks marched to parliament on Wednesday to protest against spending cuts and tax hikes, as the debt-choked country received a first instalment of 5.5 billion euros as part of an
The euro edged up against the dollar on Thursday but remained vulnerable near a recent 14-month low on concerns about the risk of a sovereign debt crisis in the euro zone and
Gold surged to a record high on Wednesday as investors piled in, seeking safety from turmoil in government bond markets and the risks of Greece's debt crisis spreading to other countries. Spot
The U.S. trade deficit hit its widest point in more than a year in March, with a jump in imports swamping a rise in exports as the global economy strengthened, a government
