Showing posts with label public spending. Show all posts
Showing posts with label public spending. Show all posts

June 05, 2015

Greek debt crisis agreement in sight - Tsipras

Greek Prime Minister Alexis Tsipras says talks in Brussels on Greece's debt crisis were "constructive" and he believes "an agreement is in sight".

April 28, 2015

Finland after the boom: 'Not as bad as Greece, yet, but it's only matter of time'

A sudden flurry of spring snow has dusted the steps of an evangelical church in central Oulu, northern Finland, where about 100 people are crowded together for a Friday sermon. But perhaps the true object of their devotion is inside black binliners by the door.

August 29, 2014

France's jobless total rises sharply in July

The number of people looking for work in France rose 0.8% in July to a new record of 3,424,400. The sharp rise confirms a longer term trend with the number of jobless rising 4.3% over the last year.

May 25, 2014

Euro zone first-quarter growth disappoints, puts pressure on ECB to act

(Reuters) - The euro zone economy grew much less than expected at the start of the year and inflation remained locked in the 'danger zone' below 1 percent, increasing pressure on the European Central Bank to ease monetary policy at its next meeting in June.

February 09, 2014

Eurozone: record German trade surplus, huge French deficit

Germany, Europe's biggest economy, notched up a trade surplus of 198.9 billion euros ($270 billion) in 2013, the highest since foreign trade data have been compiled.

June 27, 2013

Swiss government sees slight budget deficit in 2014

ZURICH: The Swiss government expects its budget to run a slight deficit in 2014 after parliament suspended planned savings measures, but sees a renewed balance over the next few years provided the global economy picks up.

January 18, 2013

UK construction faces 'decade of pain'

The construction industry in the UK will not recover its pre-recession peak level of output until 2022, says a study by an industry lobby group.

November 03, 2012

Greece caught in trap of rising national debt

ATHENS: Greek debt has turned into a modern version of a nightmare from mythology in which the more the country cuts and taxes to climb the mountain, the deeper down it falls.

October 09, 2012

UK PM will not soften austerity despite IMF growth cut

BIRMINGHAM, England (Reuters) - British Prime Minister David Cameron said on Tuesday he would not soften his austerity program with a "Plan B" of slower spending cuts after the International Monetary Fund downgraded its growth forecasts for Britain.

March 20, 2012

Euro-crisis dilemma: austerity vs. stimulus

LONDON (MarketWatch) — Spanish Prime Minister Mariano Rajoy has reopened a debate as old as the euro crisis or, indeed, debt crises themselves: Cut spending to reduce public deficits or spend to stimulate growth.

January 31, 2012

Eurozone leaders sign up to budget controls

European leaders agreed on a permanent rescue fund for the eurozone, and 25 out of 27 EU states backed a fiscal pact for stricter budget discipline in the eurozone, while a deal on Greek debt is expected in "days".