economic crisis

COVID-19 and the future of globalization

During recent weeks the world witnessed several landmark events. Leaders of nations big and small were forced to make difficult…

4 years ago

Coronavirus: EU Finance Ministers Agree on 500 Billion Euro Rescue Package

Finance ministers from European Union have agreed a €500 billion ($540 billion) rescue package for the block’s countries hit hard…

5 years ago

Coronavirus: World Faces Worst Economic Fallout Since 1930’s Great Depression, Says IMF

IMF Managing Director Kristalina Georgieva has warned the coronavirus pandemic will turn global economic growth "sharply negative" this year. She…

5 years ago

EU and US begin formal talks on free-trade agreement

The European Union and the US will begin formal talks on a free-trade agreement, paving the way for the biggest…

12 years ago

EU workers stage protests and strikes against austerity measures and rising unemployment

Workers across the European Union are staging a series of protests and strikes against austerity measures and rising unemployment. General…

12 years ago

European Union struggles to reach budget agreement for 2014-2020

Senior EU officials are warning that it is proving harder than ever to reach an agreement on the European Union's…

12 years ago

Jose Manuel Barroso calls for EU to evolve into a federation

EU Commission President Jose Manuel Barroso has called for the EU to evolve into a "federation of nation-states". Addressing the…

12 years ago

European debt crisis cuts aid to poor countries

A new report by the aid watchdog Data shows that European debt crisis has led to cuts in government development…

13 years ago

How would Greece switch to a new currency

Political change within days in Greece may mean the country has to ultimately leave the euro. If that was to…

13 years ago

Romanian government falls in no-confidence vote after 78 days

Romania's centre-right government led by PM Mihai Razvan Ungureanu lost a confidence vote today after 78 days of governing. The…

13 years ago

King Juan Carlos of Spain comes under fire for hunting elephants in Botswana as his country drowns in debt

King Juan Carlos of Spain has come under fire for hunting elephants in Botswana as his country is being sucked…

13 years ago