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Greek police officers, vehicles for rent

Apr 10, 2012
The new scheme could help the police force raise money and stop the taxpayer from footing the bill.
Posted In: Greece, police, Greek debt

Sony to cut 10,000 jobs

Apr 9, 2012
The electronics company will be losing about 6 percent of its workforce. It's the first major move by Sony's new CEO.
Posted In: Sony

Youth unemployment in Europe at dangerous levels

Apr 6, 2012
While the U.S. continues to see optimistic job gains, the situation in Europe is not looking so hopeful. The worst affected group by far are the young.
Posted In: youth, Unemployment

Spain continues to struggle against debt problems

Apr 5, 2012
Government borrowing costs reach a five month high in Spain, having many worried that the country will soon take the biggest problem in Europe crown from Greece.
Posted In: spain, Europe debt crisis

China's premier calls for break up of bank monopoly

Apr 4, 2012
A top Chinese official called for the country to crack down on its bank monopoly. Small businesses have had trouble getting loans and that's putting a damper on China's growth.
Posted In: China

Oil leak in Scotland continues to cost Total

Apr 3, 2012
An oil rig off the coast of Scotland has been leaking oil into the North Sea for five days. The rig is owned by French gas company Total, and is costing millions a day in lost revenue and attempted repairs.
Posted In: Scotland, Oil

Finalists picked for major economics prize

Apr 3, 2012
The experts have so far had a hard time figuring out what to do if a country like Greece decides to leave the euro, so one British businessman set up a contest in search of ideas.
Posted In: prize

BRICS leaders meet to discuss economic stability

Mar 29, 2012
Leaders of Brazil, Russia, India, China and South Africa are meeting today in New Delhi to work on an economic strategy apart from the developed world.
Posted In: BRICS, India

Strikes in Spain over government budget cuts

Mar 29, 2012
Spain has the highest unemployment rate in the European Union and the government is hoping changes to labor laws will kick-start the economy.
Posted In: spain, strike

OECD says increase needed in European bailout fund

Mar 28, 2012
Yesterday the Organization for Economic Cooperation and Development in Paris said the European Union would need to increase the amount of money in its bailout fund to more than a trillion dollars.
Posted In: Organization for Economic Cooperation and Development (OECD)

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