Eurozone
  • Insight: Baltic countries' austerity lesson for Europe - Just do it

    Insight: Baltic countries' austerity lesson for Europe - Just do it

    By Alistair Scrutton, Reuters

    RIGA (Reuters) - Near a former Soviet naval base and dilapidated Cold War-era housing estate, this 84-year-old Latvian plywood factory is the kind of success story of which EU policymakers dream as...

  • China's Economy Down More Than We Thought

    By Joe Weisenthal, The Business Insider

    It's long been believed that China's economic data is untrustworthy, but now that the Chinese economy is clearly cooling down, that theory is being put to the test, and it seems to be confirmed that...

  • "Mr. Euro" named Greek finance minister

    "Mr. Euro" named Greek finance minister

    By Deepa Babington and Lefteris Papadimas, Reuters

    ATHENS (Reuters) - Yannis Stournaras, a well-respected liberal economist, was appointed Greece's new finance minister on Tuesday after the sudden resignation of the first choice for the job at a...

  • Iraq sees escalation, fears spillover of Syria crisis

    By Anna Ringstrom, Reuters

    BAGHDAD (Reuters) - Syria's downing of a Turkish plane marks a serious escalation of the Syrian conflict, Iraq's foreign minister said on Saturday, saying he feared a spillover of the crisis into...

  • Euro in good shape despite Spain's woes: Nowotny

    Euro in good shape despite Spain's woes: Nowotny

    By Reuters

    VIENNA (Reuters) - The euro will survive even if Spain were cut off from capital markets, European Central Bank policymaker Ewald Nowotny said, adding the currency was in solid shape despite...