Jul 18, 2013 Five years after the Great Recession, industrialized countries are still down about 16 million jobs. And many of those without work are in need of a skills upgrade.
Jul 17, 2013 The Greek parliament votes today on whether to send as many as 25,000 government workers into a so-called 'labor reserve.'
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.
Apr 29, 2013 Two European countries have come out with very different ways to tackle their economic problems.
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.
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.
Apr 8, 2013 Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Apr 1, 2013 The U.K. revealed the biggest overhaul to its welfare system in a generation. One major cut will be to crackdown on people who live in large houses but collect welfare payments.
Mar 20, 2013 Britain's budget, released today, contains more deep spending cuts. Nobel-winning economist Paul Krugman argues that austerity policies in the UK and Europe are killing growth.