Spanish PM rules out imminent request for help
Monday, 29 October 2012, 16:46
Last update: about 14 years ago
Malta Independent
Spain has no immediate need to ask for outside aid to help deal with its debts, Prime Minister Mariano Rajoy insisted Monday. Spain, which is in recession for the second time in three...
US consumer spending up in September
Monday, 29 October 2012, 14:15
Last update: about 13 years ago
Malta Independent
Americans increased their spending in September at twice the rate their income rose, a sign of confidence in the economy. The Commerce Department said Monday that consumer spending...
Hurricane Sandy grounds thousands of flights
Monday, 29 October 2012, 11:19
Last update: about 13 years ago
Malta Independent
Hurricane Sandy grounded thousands of flights in the U.S. northeast Monday and upended travel plans across the globe, stranding passengers from Hong Kong to Europe. The massive storm threatens to...
Layoffs, perks, labor costs trap French government
Monday, 29 October 2012, 08:56
Last update: about 13 years ago
Malta Independent
The 35-hour work week? Untouchable. The social safety net? Untrimmable. So how on earth can France's Socialist government keep its promise to make the country, and Europe, more...
Germany: No to new Greek debt haircut
Sunday, 28 October 2012, 15:00
Last update: about 14 years ago
Malta Independent
Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that it wouldn't be legally...
Minister: Germany close to balanced budget in 2013
Saturday, 27 October 2012, 16:59
Last update: about 14 years ago
Malta Independent
Germany's finance minister says the government will come close to balancing its budget next year as economic growth outpaces public spending. Germany, Europe's biggest economy, has...
US economic growth improves to 2% rate in Q3
Friday, 26 October 2012, 16:27
Last update: about 13 years ago
Malta Independent
The U.S. economy grew at a slightly faster 2 percent annual rate from July through September, buoyed by more spending by consumers and the federal government. Growth accelerated from the...
Survey: German consumers increasingly confident
Friday, 26 October 2012, 11:21
Last update: about 14 years ago
Malta Independent
German consumers are increasingly optimistic despite continuing problems in the eurozone, a closely-watched survey showed Friday, buoying hopes that domestic spending can help offset slowing...
25% of Spaniards out of work at end of Q3
Friday, 26 October 2012, 09:49
Last update: about 13 years ago
Malta Independent
One Spaniard in four is now officially out of work as the economic crisis tightens its grip on the country. The National Statistics Institute said Friday that 85,000 more people joined the...
Japan seeks to stimulate ailing economy
Friday, 26 October 2012, 08:39
Last update: about 13 years ago
Malta Independent
Japan's Cabinet approved a 423 billion yen ($5.3 billion) economic stimulus package on Friday, moving to fend off recession as the recovery in the world's third biggest economy...