Millennium Post

EU’s Rehn steps up fight to prop up banks

5 Jun 2012 2:24 AM GMT
EU economy commissioner Olli Rehn said on Monday that letting a new eurozone firewall recapitalise banks should be considered as a ‘serious...

Asia’s response to Europe’s crisis

4 Jun 2012 8:33 AM GMT
Weak manufacturing activity in China and dismal growth data from India have underscored Asia's vulnerability to the European turmoil and sparked fresh...

EU says tax fraud is 'scourge' of Greece

30 May 2012 3:16 AM GMT
Tax fraud is a 'scourge' in Greece, a spokesman for the EU's economics commissioner said on Tuesday after a Facebook backlash over controversial...

Greece risks running out of cash by June

28 May 2012 7:55 AM GMT
Former Greek prime minister Lucas Papademos warned Greece may run out of money by the end of June if international bailout funds are cut off following...

Homeless, helpless in Spain

28 May 2012 3:34 AM GMT
Spanish grandmother Ana Lopez Corrales already feels at home in the Seville apartment where she's been living for the past week - but it is not hers...

75 mn youths to be unemployed: ILO

23 May 2012 7:23 AM GMT
Nearly 75 million youths across the world will stay unemployed in 2012, said a report released on Tuesday by the International Labour Organisation...

Euro crisis risk to global growth

23 May 2012 3:37 AM GMT
The intensifying eurozone crisis poses the most serious risk to the muted recovery in the global economy, with the United States and Japan set for...

European economy is tottering

22 May 2012 2:05 AM GMT
If the beauty of a Grecian urn had inspired John Keats to write his imperial ode to it, the continuing uncertainty of Grecian affairs is driving the...

G8 chiefs agree on fiscal responsibility

21 May 2012 5:25 AM GMT
Seeking a 'strong and cohesive' eurozone, that includes debt-ridden Greece, leaders of the powerful G8 countries have agreed to put their fiscal...

Debt-stricken Greece tops G8 agenda

19 May 2012 5:58 AM GMT
Debt-stricken Greece topped the world agenda on Friday as leaders headed for talks with US President Barack Obama on preventing a chaotic eurozone...

Spain sinks into recession

18 May 2012 1:05 AM GMT
Spain tumbled into recession and European stock markets fell on Thursday as Greece installed a crisis government to tackle its crippling debt and top...

'Eurozone must make up or breakup'

17 May 2012 3:14 AM GMT
British Prime Minister David Cameron told eurozone leaders on Wednesday to sort out their debt problems soon or risk the collapse of the single...
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