January 29, 2013

Spanish unemployment jumps to record 26 pct

MADRID (AP) — Spain's unemployment rate shot up to a record 26 percent in the fourth quarter of 2012, leaving almost six million people out of work, the National Statistics Institute said Thursday.

France’s Moscovici Says Strong Euro Creates ‘Some Problems’

French Finance Minister Pierre Moscovici said the strength of the euro is hampering recover in the 17-nation economy, while also reflecting confidence that the region’s debt crisis is fading.

January 28, 2013

Merkel Rebuffs Rajoy’s Call to Do More to Boost Euro Stimulus

German Chancellor Angela Merkel rebuffed calls by Spanish Prime Minister Mariano Rajoy that euro nations in better financial health should help the bloc out of its economic slump by spurring growth.

January 27, 2013

Davos 2013: G-10 ministers discuss progress on WTO negotiations

DAVOS: Ministers from G-10 countries, including the US, today held discussions on the progress made at WTO negotiations, especially issues related to the agriculture market.

January 26, 2013

Portuguese flee economic crisis

More than 2% of Portugal's population have emigrated in the past two years, since the country entered the worst recession in decades, officials say.