A man checks a document outside an employment office in Athens

Greek youth unemployment shot to a record 64 per cent in February, underscoring the poor state of the recession-hit economy despite signs of im(...)

A company official stands in front of a factory belonging to Tung Hai Group, a large garment exporter, after a fire in Dhaka. Eight people were killed when the fire swept through the garment factory in an industrial district of the Bangladeshi capital Dhaka, police and an industry association official said today. Photograph: Andrew Biraj/Reuters

Eight people are known to have died following a fire at a clothing factory in Bangladesh as the death toll from last month’s fire at a multi-st(...)

Rating agency Moody’s believes Italy may still eventually need to seek a bailout.

Rating agency Moody’s believes Italy may still eventually need to seek a bailout despite forming a new government and avoiding immediate crisis(...)

Britain’s chancellor George Osborne: the pressure has been mounting on him in the run-up to tomorrow’s GDP announcement, not least from the International Monetary Fund, which has joined the chorus of those questioning his rigid adherence to austerity. Photograph: Christopher Furlong/Reuters

Has Britain slithered into its third recession since the start of the financial crisis? We’ll find out at last at 9.30am tomorrow when the Offi(...)

Britain's Chancellor of the Exchequer, George Osborne. Photograph: Stefan Wermuth/Files/Reuters

Britain's credit standing took a further blow today when Fitch Ratings became the second international agency to strip the country of its top-n(...)

Michel Barnier, commisioner for internal market and services; Minister for Finance Michael Noonan and Olli Rehn, the European Commision vice president, attend a press conference following the Eurogroup meeting of ECOFIN Ministers, at Dublin Castle yesterday. Photograph: Mac Innes Photography/Getty Images.

Minister for Finance Michael Noonan said today that the postponement of Ireland’s bailout repayments was but one of several positive developmen(...)

PSA Peugeot Citroen's credit rating has been cut one step by Moody's Investors Service.

PSA Peugeot Citroen's credit rating was cut one step to four levels below investment grade by Moody's Investors Service, which said a contracti(...)

Central Bank governer Patrick Honohan: due to speak today.

Senior figures from global finance and the European institutions are meeting behind closed doors in Dublin today ahead (...)

Talks with ratings agency Moody’s suggest that an extension of loan maturities would see it reconsider upgrading its current Ireland rating, which has put off many potential investors

Extending maturities on euro crisis loans to Ireland may serve as an “important catalyst for the full restoration of market access, according t(...)

German chancellor Angela Merkel: facing political pressure in Berlin to demand fiscal concessions from Ireland in exchange for granting extra time to repay crisis loans. Photograph: Sean Gallup/Getty Images

German chancellor Angela Merkel is facing political pressure in Berlin to demand fiscal concessions from Ireland in exchange for granting extra(...)

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