While politicians in the United States argue about spending cuts, deficits and the debt ceiling, Germany faces a different discussion: What to do with a looming budget surplus.   The...

One of the rather overlooked results of the MHRA survey of tourism trends in the second quarter pointed to an increase in the number of tourists coming to Malta who opt for private accommodation...

While house prices, as measured by the House Price Index, fell by 2.2% in the euro area and by 1.3% in the EU in the second quarter of 2013 compared with the same quarter of the previous year, house...

Last week the European Parliament voted on the Commission proposal to revise the existing Tobacco Products directive. Why was the proposal made and what are the prospects for a new directive coming...

Congress passed legislation Wednesday night to avert a U.S. debt default and end a government shutdown, a bipartisan deal set along President Barack Obama's strict terms that left Republicans...

The European Commission wants to impose carbon emission charges for all flights using Europe's airspace.   Wednesday's proposal by the 28-nation bloc's executive arm would force...

Even if Congress reaches a last-minute or deadline-busting deal to avert a federal default and fully reopen the government, elected officials are likely to return to their grinding brand of...

European Union officials on Tuesday approved the creation of a centralized banking supervisor, marking another step in the 28-country bloc's long quest to stabilize its financial...

The world economy is still in disarray five years after the financial crash, a new U.N. economic report released Monday said.   The U.N. Conference on Trade and Development issued a gloomy...

Eurozone finance ministers on Monday sought ways to create a common fund to restructure or bail out troubled banks, an effort to keep financial problems in one country from endangering the entire...