A divided Europe wrestled Wednesday over how to tackle a debt drama threatening to take down Portugal as Germany and France rejected a plea...

Europe's debt crisis flared up once again Monday, as Portugal's borrowing rates briefly spiked to euro-era highs amid reports Germany and F...

Austerity measures adopted by the government to restore the country's fiscal health are expected to stunt economic growth next year.

The European Central Bank has sharply reduced its purchases of bonds from vulnerable governments such as Greece, Ireland, or Portugal, desp...

Spain & Italy bond yields rose on fears of smaller bailouts. The yields on Spain's 10-year bonds jumped to 5.7% while Italy's reached highe...

Economist Nouriel Roubini says Portugal should consider asking for a bailout before its financial plight worsens.

Merkel and French President Nicolas Sarkozy also called for a swift conclusion of the negotiations for an Irish bailout.

Ireland's public deficit this year is set to pass 30 percent of GDP, 10 times the permitted EU limit and double last year's Greek deficit.

Global rating agency Moody's on Monday cut the sovereign debt rating of Ireland due to the country's deteriorating financial situation, ind...

Europe's debt crisis flared anew as Portugal suffered a cut to its credit rating & European fin ministers battled to dispel fears about ban...

Finance Minister Pranab Mukherjee today said the country's exports could be impacted if the the lingering debt crisis triggered by Greece s...

The developed world is suffering from a "debt curse," with the worst case -Japan- expected to take up to 2084 to bring its public debt down...

European finance ministers vowed to avoid a continent-wide austerity drive in the wake of Greece’s debt crisis that would risk thrusting th...

India's reliance on domestic factors for growth and comfortable foreign exchange reserves will help the nation insulate itself from the eur...

The euro zone economy, grappling with a debt crisis, grew 0.2 per cent in the first quarter of 2010.

Global ratings agency Moody's today warned that potential contagion of the worsening Greek debt crisis could hit the banking systems in som...

The euro slid further amid fears that Greece's debt crisis would spread across the continent, after a ratings agency warned that contagion ...