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BUDGET CUTS ITALY
With France embroiled in protest, a look at the nation's economic standing by the numbersFrance is grappling with significant economic challenges as public debt continues to rise, exceeding 119% of GDP. Government spending repre...
As France erupts, Europe's far right gains from fuel-price anger ahead of electionsThe tractors rolling into the town of Gela on the southern tip of Europe are flying the Sicilian flag, emblazoned with Medusa, three bent l...
France is on fire but something more dangerous burns below the unrestFrance is engulfed in protests as the public gives vent to growing anger over soaring expenses and diminishing educational quality. Citizen...
Germany regains safe haven status as European bond risks mountEuropean government bond markets face renewed volatility as investors pull funds from fiscally vulnerable nations like France and Italy. Ge...
A look at France's public debt as economy takes centre stage in French Presidential electionFrance's public debt has climbed to unprecedented levels, currently reaching 119 per cent of its GDP. The increasing debt burden poses sign...
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
Give blood, buy bonds: Countries get creative in hunt for cashRomania is tapping retail investors through an unusual blood-for-bonds program, offering donors access to government securities with yields...
Trump's pressure on NATO is reshaping Europe's defences. Will it break the alliance?European nations are increasing defence spending and exploring alternatives to American military technology. This shift is happening as dou...
Global interest rates are rising: Will RBI rates, home loan EMIs and investments be affected?Loans would get costlier if and when the RBI hikes interest rates. In floating-rate loans, EMIs would rise even for existing loans. However...
Late-stage funding squeeze; ISRO opens up spaceHappy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. Th...
Europe’s economy faces the hard reality of climate change this summerThe intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hamp...
Moody’s cuts Italy ratings to one step above junkThe credit score was lowered one level to Baa3 and the outlook was shifted to stable.
EU says size of Italy’s planned budget deviation is unprecedentedThe letter was delivered by EU economics chief Moscovici during a meeting in Rome
Italian stocks, banks bruised by report Italy budget meeting may be delayedWeak results and broker notes caused some sharp moves lower.
Wolfgang Schaeuble says France, Italy on right path as borrowing fallsFrance and Italy are on the right path in reducing their net new borrowing, German Finance Minister Wolfgang Schaeuble said in a radio inte...
- A look at countries with most severe austerity measures and ramifications
In what has been called by some as the 'age of austerity', here's a look at countries with some of the most severe austerity measures and t...
- WikiLeaks cable reveals Berlusconi's efforts to avoid Bono tongue-lashing
A confidential US diplomatic cable released by WikiLeaks has revealed how Italian Prime Minister Silvio Berlusconi considered increasing fo...