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.
March 20, 2012
March 18, 2012
IMF warns date for passing quota reforms nearing
WASHINGTON: The International Monetary Fund on Friday warned that endorsements of its 2010 plan to double its resources remain far shy of what is necessary for approval.
March 17, 2012
UK looks set to avoid double-dip recession … with debt-fuelled recovery
Wage inflation (excluding bonuses) is running at an annual rate of 1.7% – price inflation is almost double at 3.6%.
March 16, 2012
Germany to Europe: Don't criticize us on eurocrisis leadership
The euro crisis: It sounds like an arcane finance story. But as Germany sets the tone and the rules, the crisis has great meaning for Europe's future.
March 15, 2012
UK unemployment rises by 28,000 to 2.67m, ONS reports
UK unemployment rose by 28,000 to 2.67 million during the three months to January, with the unemployment rate at 8.4%, according to figures from the Office for National Statistics (ONS).
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