Unilever will adopt marketing strategies used in developing countries in order to drive future growth in Europe, as the head of its European business warned that poverty will rise in the region as a result of the debt crisis.
August 28, 2012
August 27, 2012
France's Hollande Backs Greece But Urges Credible Reform
(CNN) -- French President Francois Hollande restated his country's support for debt-stricken Greece Saturday, but stressed that it must live up to its reform commitments.
August 26, 2012
In Euro Crisis, Fingers Can Point in All Directions
FRANKFURT — The debate about how to distribute the cost of preserving the euro often centers on a fundamental question that is unspoken but implicit: Who caused this crisis anyway?
August 25, 2012
German finance ministry studying "Grexit" costs: paper
BERLIN (Reuters) - A working group led by Germany's deputy finance minister is studying the possible economic impact of a Greek exit from the euro zone, a newspaper reported on Friday, as Chancellor Angela Merkel prepared for talks with Greece's prime minister.
August 24, 2012
Debt crisis: eurozone headed for recession as economic rot spreads
The eurozone looks destined for its second recession in three years, as business surveys showed the economic rot is even spreading to Germany, the region's largest and strongest economy.
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