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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...
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...
EU says tax fraud is 'scourge' of Greece
30 May 2012 8:46 AM ISTTax 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 1:25 PM ISTFormer 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 9:04 AM ISTSpanish 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 12:53 PM ISTNearly 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 9:07 AM ISTThe 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 7:35 AM ISTIf 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 10:55 AM ISTSeeking 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 11:28 AM ISTDebt-stricken Greece topped the world agenda on Friday as leaders headed for talks with US President Barack Obama on preventing a chaotic eurozone...