Germany no longer rules out the possibility of forgiving Greece some of its debt once the country's finances are in order, Chancellor Angela Merkel said, signaling a softening...

    Britain's Treasury chief has acknowledged that the government is not meeting its self-imposed economic targets, but insists he will not waver from his policy of tax hikes and...

    Washington politicians have one month to step back from the so-called "fiscal cliff," across-the-board tax hikes and austerity-driven spending cuts likely to return the...

    Cyprus' finance minister urged lawmakers Friday to approve a first batch of spending cuts and tax hikes agreed with international creditors by Dec. 13, when the other 16 EU...

Another month, another record unemployment rate for the economy of the 17 EU countries that use the euro.   Figures released Friday from Eurostat, the European Union's statistics office,...

The German Parliament has given its overwhelming backing to a deal aimed at trimming Greece's debt load and keeping the country financially afloat.   Lawmakers voted 473-100 on Friday to...

India's economic growth slid to 5.3 percent in the September quarter, stuck at its lowest levels in three years as New Delhi struggles to enact reforms to kick start Asia's third-largest...

The Syrian government shut down the Internet across the country and cut cellphone services in select areas Thursday as rebels and government troops waged fierce battles near the capital's airport,...

(The Malta Business Weekly)       We apparently live in an Age of Entitlement. I understand that this means that people feel that they are owed things by others not because...

The economy and job creation   •The Maltese economy is expected to grow by 1.2% this year. The EU economy is expected to shrink by 0.4%.   •During 2012, a number of...