Euro Troubles

Greek truckers end strike

Mon, 02 Aug 2010 08:06:47 +1100

Greek truckers have called off a week-long strike that stranded thousands of travellers and nearly dried up fuel around the country.

Thu, 01 Jan 1970 10:00:00 +1100

Timeline: Eurozone debt crisis

Fri, 14 Oct 2011 15:45:52 +1100

Key dates in the latest phase of Europe's worsening financial crisis.

Euro's prospects dim: Nobel winners

Tue, 11 Oct 2011 08:05:52 +1100

The new winners of the Nobel prize for economics say that without a strong central authority,the outlook for the euro remains grim.

Reform will guard against future crises: Banks

Tue, 27 Jul 2010 13:13:25 +1100

The world's top central bankers and regulators have said they have reached broad agreement on new standards to make sure the banking system could face any new financial crisis with confidence.

Hungary pledges reform after IMF demands

Mon, 19 Jul 2010 08:24:42 +1100

Hungary's government said it would plough on with deficit-slashing reforms demanded by the IMF and EU, and aimed to become Central Europe's most stable country "as quickly as possible".

EU pledges to help stressed banks

Tue, 13 Jul 2010 09:12:24 +1100

European finance ministers strived Monday to restore confidence in Europe's economy, vowing to help banks that fail financial "stress tests" and crack down on governments with big deficits.

Europe's bankers debate bail-out fund

Mon, 12 Jul 2010 14:53:56 +1100

Several European banks are considering the establishment of a 20-billion-euro private sector recovery fund that could bail out financial institutions.

Protesters clash with Greek police

Wed, 30 Jun 2010 06:30:42 +1100

Dozens of masked youths clashed with police at a union protest in Athens during the country's fifth general strike this year.

G8 leaders seek agreement on debt crisis

Sat, 26 Jun 2010 12:15:57 +1100

Europe and the United States are trying to bridge differences over how to sustain fragile global economic recovery and get common ground on dealing with ballooning deficits.

Spain slugs Swiss account holders

Thu, 24 Jun 2010 09:01:02 +1100

Spanish authorities have ordered the holders of about 3,000 secret bank accounts in Switzerland to pay tax on the undeclared funds by the end of the month.

Thousands stranded in Greek blockade

Wed, 23 Jun 2010 18:35:58 +1100

Thousands of tourists are stranded in Greece after striking dock workers blocked a main port in a new wave of protests over austerity cuts.

At-a-glance: UK emergency budget

Wed, 23 Jun 2010 08:34:54 +1100

Here are the main points from Britain's emergency budget, presented by new finance minister George Osborne to the House of Commons Tuesday:

UK's 'unavoidable budget' announced

Wed, 23 Jun 2010 07:42:57 +1100

Higher tax on goods and services, a slashing of benefits, and a freezing of public sector pay will make up what is being branded UK chancellor George Osborne's 'emergency budget'.

Greece to pay for stranded travellers

Tue, 22 Jun 2010 14:35:00 +1100

Greece is promising to cover the extra costs of visitors stranded in the debt-ridden country, in a bid to boost the vital tourism industry.

Debt restructuring catastrophic: Greece

Mon, 21 Jun 2010 08:10:10 +1100

Greece's finance minister warned that restructuring the country's debt would be "catastrophic" for its economy.

IMF Chief backs embattled Spanish government

Sat, 19 Jun 2010 13:05:15 +1100

The IMF backed Spain Friday in its fight to douse market alarm over the country's deficit and banking system but said the government must show long-term commitment in enacting cutbacks.