March 18, 2013

Czech left's leader says "deadly cuts spiral" must end

OSTRAVA, Czech Republic (Reuters) - The Czech Republic's likely next prime minister says he plans to increase taxes on big firms and banks and put new emphasis on creating jobs to pull the economy out of a "deadly spiral".

March 17, 2013

Cyprus becomes fifth eurozone bailout

BRUSSELS: Eurozone finance ministers agreed early Saturday on a bailout for Cyprus, the fifth international rescue package in three years of the debt crisis.

March 16, 2013

Cameron's allies dismiss talk of leadership threat to PM

LONDON (Reuters) - Two senior members of Prime Minister David Cameron's ruling Conservative party spoke out to calm growing talk of a leadership challenge against him on Friday, days before a closely watched budget.

March 15, 2013

Greek fiscal targets are unrealistic: Bank group

ATHENS: Heavily-indebted Greece was set fiscal targets that were not achievable, in contrast to Ireland, which is emerging as a success story, a global bank lobby group said this week.

March 14, 2013

Germany agrees 'historic' balanced budget for 2014

BERLIN: The German government on Wednesday approved a draft budget for 2014 with the lowest deficit in 40 years, hailed by the economy minister as a "historic" step in the battle against debt.