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Greek Recession Complicates Efforts To Emerge From Debt Crisis

Posted 12.03.2011 | Business

The Greek economy will remain stuck in recession next year, underlining the challenge the country faces in creating enough growth to claw its way ...

Merkel in the Kitchen

Jeff Danziger | Posted 11.30.2011 | World
Jeff Danziger


Kosovo: Madam President to the Rescue

Fron Nahzi | Posted 11.29.2011 | World
Fron Nahzi

With no prior political experience, Ms. Jahjaga went from obscurity to prominence in a matter of days, literally, which may have proven to be a blessing in disguise for her and Kosovo.

EU Eases Cap-And-Trade Plan For Airlines

AP | By DON MELVIN | Posted 11.27.2011 | Green

BRUSSELS -- An EU program aimed at slowing climate change will allow airlines to emit 85 percent of their carbon dioxide limits for free in the hope t...

Two Countries Denied Entry To Europe's Free-Travel Zone

AP | By DON MELVIN | Posted 11.22.2011 | World

BRUSSELS -- Romania and Bulgaria, the European Union's two newest members, were denied entry into Europe's borderless free-travel zone Thursday when E...

Market Preview: What to Look for This Week

Mohamed A. El-Erian | Posted 11.18.2011 | Business
Mohamed A. El-Erian

Global markets again find themselves in the uncomfortable back seat of a car driven erratically by policymakers. The hope is that policy responses in both America and Europe will enable them to build on last week's solid gains. But certain things need to happen first.

Greece Nears Moment Of Truth On Debt Crisis

The New York Times | Posted 11.18.2011 | World

Europe appeared to be lurching toward a moment of decision in its sovereign debt crisis Sunday, as Greece struggled to meet conditions for additional...

Apology in the Middle East Is a Weapon, or 'Sorry Seems to Be the Hardest Word'

Haggai Carmon | Posted 11.06.2011 | World
Haggai Carmon

In the Middle East where honor is worth more than money and is a political weapon both sides hold, the Israeli-Turkish future relationship seem bleak.

Growth Reigniting in Greece: Enterprising Youth Refuse to Accept Defeat

Vanessa Andris | Posted 10.31.2011 | World
Vanessa Andris

In an inspiring defiance of defeat, young Greeks are taking their economy into their own hands and rebuilding its backbone in record numbers. During the first half of this year, 28,603 new businesses opened in Greece.

AFP Aid From France Examined By EU

AP | GABRIELE STEINHAUSER | Posted 10.31.2011 | Media

BRUSSELS — The European Union's competition regulators are examining whether France is providing tens of millions of euros in unfair state aid t...

Germany Insists On Strict Rules For Struggling Euro Nations

AP | By MELISSA EDDY | Posted 10.15.2011 | Business

BERLIN -- As Germany emerged from the destruction of World War II, it rebuilt its economy on a system of strong rules governing virtually every aspect...

Europe: Lacking a Long-Term Solution

Gemma Godfrey | Posted 10.14.2011 | Business
Gemma Godfrey

Over the last few days we have seen a tremendous amount of volatility in the markets, epitomizing the lack of clarity with which many investors have struggled.

It's the Politics, Stupid!

Leon T. Hadar | Posted 10.12.2011 | World
Leon T. Hadar

The financial mess in the United States as well as in the eurozone are political in their core.

Greece Bans Short Selling As Stock Market Tanks

AP | Posted 10.08.2011 | Business

ATHENS, Greece — Greece on Monday banned short selling on the stock market for two months, after shares on the Athens Stock Exchange plunged to ...

9 Google Complaints In EU Antitrust Probe

Posted 10.02.2011 | Technology

By Foo Yun Chee BRUSSELS (Reuters) - Google faces a total of nine antitrust complaints which EU regulators are now investigating, two sources s...

Sex Slaves From China Surface in Helsinki Art

J. L. Morin | Posted 09.27.2011 | World
J. L. Morin

Finland has a history of exposing traffickers, but only recently has the world woken up to focus on the canker of sex slavery. An art installation in Helsinki points out the reality of prostitution for export by China.

The E.U.'s Epic Paid Vacation Time Revealed

Reuters/The Huffington Post | Posted 09.26.2011 | World

BERLIN, July 27 (Reuters) - Germans may accuse spendthrift euro zone southerners of too much play and not enough work, but they enjoy the most ge...

The U.S. Debt Ceiling: The How, Why and What Could Happen?

Gemma Godfrey | Posted 09.26.2011 | Business
Gemma Godfrey

Mirroring issues in the EU, a problem of debt cannot be solved by yet more debt. With the threat of a downgrade looming, any rise in interest rates could make the situation worse, hitting the tax payer and U.S. exporters.

Moody's Further Cuts Greece's Debt Rating, Says Default Almost Certain

Posted 09.24.2011 | Business

ATHENS (Ingrid Melander and George Georgiopoulos) - Moody's cut Greece's credit rating further into junk territory on Monday and said it was almos...

Second Greece Bailout Sends World Stocks Up

AP | Posted 09.21.2011 | Business

LONDON -- Relief at a bailout package for Greece drove global shares higher Friday after European leaders made sweeping changes to a rescue fund in an...

EU Gets Tough On Banks

AP | By GABRIELE STEINHAUSER | Posted 09.19.2011 | World

BRUSSELS -- The European Union proposed new, tougher rules for banks that will force them to raise some euro460 billion ($650 billion) in capital by 2...

EU Commission: Find Consensus On Greece Or Global Economy Will Suffer

Posted 09.19.2011 | Business

BRUSSELS/FRANKFURT (Luke Baker and Philipp Halstrick) - EU leaders must find a convincing solution to Greece's debt crisis at a summit on Thursday...

Anne in Tanglewood With DSK: Preparing a Man for Prison

Vanessa Andris | Posted 09.19.2011 | Crime
Vanessa Andris

If you've never had your man indicted for a major crime, you may not understand what Anne Sinclair is doing by accompanying her husband to a summer symphony as he awaits trial. But I do.

Simon Johnson: Europe's Three Forms Of Contagion

Bloomberg | Simon Johnson | Posted 09.17.2011 | Business

There are three types of contagion in a financial crisis, when the potential collapse of a firm, bank or country threatens to spiral out of control. T...

If Europe Is a Bellwether for America: Economic Ruin... Comin' Right Up!

The Relentless Conservative | Posted 09.14.2011 | Politics
The Relentless Conservative

There is a real, proven dynamic indicating that what happens in Europe tends to make its way over here. It's not at all like Las Vegas.