debt crisis

The debt crisis rattling Spain has finally allowed the central bank to override powerful local politicians and push through an overhaul of the institutions whose extravagant lending contributed to the

Leading policymakers expressed concern on Friday about the health of the world economy even as they closed ranks behind the euro zone's efforts to tackle a debt crisis that has

Stock markets across Europe plummeted on Tuesday and the euro dropped to a near four-year low against the dollar over new concerns about escalation of the eurozone debt crisis.

The European Union on Friday launched a new initiative to contain the debt crisis in the eurozone and calm down financial markets by agreeing to tighten rules governing the single

Europe’s debt crisis has laid bare the fragility of global finances, and the United States must also tame its fiscal deficit, a senior Chinese official said Thursday, spelling out Beijing’s

German Chancellor Angela Merkel has called upon her country's euro zone partners to help stabilise the euro by bringing their state finances in order and warned that if the common