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Austerity on agenda as G7 meets near London
Stephen Beard May 10, 2013
As the G7 gathers near London, austerity is on everyone's mind.
EU faces second year of recession
Stephen Beard May 3, 2013
For the first time in history, the 17 nations that use the euro are headed for two years of back-to-back recession, according to the European Commission.
European Central Bank cuts interest rate to record low
Stephen Beard May 2, 2013
The European Central Bank (ECB) has cut interest rates to a record low of 0.5 percent. But how much stimulus can the ECB really provide?
Is anti-austerity fever cooling off in Greece?
Mark Lowen May 1, 2013
Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
Greece keeps cutting while France looks for growth
Andrew Walker Apr 29, 2013
Two European countries have come out with very different ways to tackle their economic problems.
New Italy prime minister to move away from austerity
Stephen Beard Apr 25, 2013
Enrico Letta, of the center-left Democratic Party, has announced that he intends to fight the move towards austerity in Europe, and investors applauded.
As Germany stumbles, will the rest of Europe fall down with it?
Stephen Beard Apr 23, 2013
Linked by a common currency, the countries in the euro zone are roped together like climbers scaling a cliff face. If one or more loses their footing, the rest could come crashing down.
France's Finance Minister on the euro, debt and austerity
Jeremy Hobson Apr 19, 2013
French Finance Minister Pierre Moscovici discusses the state of the French economy and where it is headed in the future.
Germany approves $13 billion Cyprus bailout to stem contagion
Steve Evans Apr 18, 2013
The overwhelming yes vote came after a warning from Germany's finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
What's so great about austerity, anyway?
Scott Tong Apr 11, 2013
The idea that government should be balance its budget and stay out of the way has been around a long time. It's gained ascendance in Washington even as more economists agree the government should spend more and help the economy.
