October 11, 2012

Polish PM seeks course through economic storm

WARSAW (Reuters) - Polish Prime Minister Donald Tusk will try to persuade voters on Friday he is the best man to deal with an economic slowdown that has made one of eastern Europe's most stable governments look suddenly vulnerable.

October 10, 2012

Spain to miss deficit targets in 2012 and 2013; debt to cross 90 pc of GDP: IMF

MADRID: Spain will miss its deficit targets in 2012 and 2013 and its debt will jump to more than 90 percent of gross domestic product next year as it recapitalises its banking sector, the IMF said on Tuesday.

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.

October 08, 2012

Swiss Economy Unlikely To Slip Into Recession - UBS's Weber

The Swiss economy is unlikely to slip into a recession with gross domestic product probably moving sideways in coming months, UBS AG (UBS) Chairman Axel Weber said Friday.

October 07, 2012

Greece will run out of money at the end of November: Prime Minister Antonis Samaras

BERLIN: Greece will run out of money at the end of November if it doesn't receive the next planned installment of its bailout loans, the country's prime minister has said.