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Hubris may lead to Greek tragedy
18 Jun 2012 3:36 PM ISTAs Greeks take to the polls on Sunday in an election battle that could decide their future in the euro, the inability of warring political parties to...
The Grecian pain of austerity
18 Jun 2012 3:19 PM ISTMore and more, people across the world are refusing to pay for the blunders and chicanery of the ruling classes. Be it the USA and the Occupy movement...
Greeks vote in critical poll
18 Jun 2012 7:10 AM ISTGreeks fed up with austerity voted on Sunday in elections that could decide their future in the eurozone amid unprecedented external pressure not to...
Europe's make or break moment: Greek ex-PM
18 Jun 2012 6:37 AM ISTGreece’s former prime minister George Papandreou said on Sunday that Europe faced a make or break moment, adding that the euro currency's problems...
We alone can’t save eurozone: Merkel
15 Jun 2012 5:01 AM ISTGermany warned it cannot not save the eurozone alone on Thursday as borrowing costs left Spain on the ropes and Italy and France met for critical...
India building eurozone contingency plan
15 Jun 2012 5:00 AM ISTThe government, along with major financial regulators like Reserve Bank and SEBI, is working on a contingency plan to insulate Indian economy from the...
Italy safe if Monti stays on track: Schaeuble
14 Jun 2012 5:49 AM ISTThere will be no danger of Italy succumbing to the debt crisis if it continues to implement structural reforms and growth measures, German finance...
Eurozone break-up could hit India: Basu
11 Jun 2012 7:59 AM ISTChief economic adviser Kaushik Basu has warned that if the eurozone breaks up finally, it will hit India in the face as the country is unlikely to...
Germany mulls transaction tax to raise funds
9 Jun 2012 2:38 PM ISTGermany’s centre-right coalition government and the main opposition parties have agreed in principle to introduce a finance market transaction tax in...
Obama, Cameron urge eurozone plan
7 Jun 2012 8:36 AM ISTUS President Barack Obama and British Prime Minister David Cameron agreed on the need for an ‘immediate plan’ to resolve the eurozone crisis in...
EU’s Rehn steps up fight to prop up banks
5 Jun 2012 7:54 AM ISTEU 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 2:03 PM ISTWeak manufacturing activity in China and dismal growth data from India have underscored Asia's vulnerability to the European turmoil and sparked fresh...