Emerging economies suffering eurozone fallout, EBRD warns

The damage being inflicted on some emerging economies by the continuing eurozone crisis was highlighted on Friday by new figures from the European Bank for Reconstruction and Development.

European Countries Slashed Deficits in 2011, Data Show

PARIS — European countries sharply reduced their deficits last year, official data showed Monday, even as their overall debt grew as governments pushed ahead with austerity measures in the face of the euro crisis.

Longer working week suggested for Greece

Greece's international lenders have suggested measures including increasing the maximum working week to six days.