April 21, 2013

The IMF’s fiddling achieves nothing

Fresh from the calamity of the Cypriot bail-out, a fiasco that he personally oversaw, he was at it again at the International Monetary Fund’s spring meeting in Washington last week.

April 20, 2013

Euro-Zone Workers Increasingly Forced to Go Part-Time

Growing numbers of workers in the euro zone are unable to work as many hours as they would like, official figures showed Friday, casting new light on the grim outlook for consumers that could depress the region's growth prospects for some time to come.

April 18, 2013

France warned on growth goals, fiscal targets in doubt

PARIS: France's economy could shrink this year and miss future government forecasts, the country's budget watchdog and the IMF warned on Tuesday, casting doubt on Paris's pledge to cut its deficit below 3 percent of output.

April 17, 2013

ECB's Draghi urges governments to solve crisis

AMSTERDAM (Reuters) - The president of the European Central Bank on Monday put pressure on governments to push ahead with plans for a closer European integration to address the crisis' core problems.

April 16, 2013

Eurozone posts trade surplus of 10.4 bn euros in February

BRUSSELS: The 17-nation eurozone posted a trade surplus of 10.4 billion euros ($13.6 bn) after recording a revised deficit of 4.7 billion euros in January, Eurostat said Monday.