George Osborne, UK chancellor of the exchequer, said the danger of a miscalculation leading to a “very bad outcome” between Greece and the euro area is increasing. (Photograph: Chris Ratcliffe/Bloomberg)

Chancellor of the Exchequer George Osborne said the danger of a miscalculation leading to a “very bad outcome” between Greece and the euro area is inc(...)

German minister of finance Wolfgang Schaeuble and his French and Italian counterparts are seeking tougher corporate tax regulations.

The German, French and Italian finance ministers have urged the European Commission to draw up EU-wide laws to curb corporate tax avoidance and preven(...)

A man walks past a restaurant in the Dotonbori amusement district of Osaka,  Japan, yesterday. The difficulties caused by fiscal austerity have become particularly evident in Japan and the euro zone. Photograph: Reuters

David Cameron, the UK prime minister, states that “red warning lights are once again flashing on the dashboard of the global economy”. The lights are (...)

European Commission president Jean-Claude Juncker speaking on Saturday at the G20 summit in Brisbane, Australia. Photograph: Paul Matthews

European Commission president Jean-Claude Juncker brushed off questions at the G20 summit over whether he should step down amid accusations of sweethe(...)

National benchmark indexes fell in all of the 18 western European markets yesterday. Photograph: iStockPhoto

European stocks fell yesterday as banks dragged the Stoxx Europe 600 Index lower and Nato said Russia had sent troops and heavy weapons into Ukraine.(...)

Brian Lenihan, the then minister for finance, and Jean-Claude Trichet, president of the European Central Bank: their correspondence from 2010 reveal that the ECB was calling all the shots.

The exchange of letters between the then president of the European Central Bank Jean-Claude Trichet and the late Brian Lenihan reveals the then financ(...)

Burqa-clad women wanting to observe parliamentary proceedings in Australia will be forced to watch in glass enclosures away from other members of the (...)

The Organisation for Economic Cooperation and Development has cut its forecast for growth in the euro zone to 0.8 per cent, down from 1.1 per cent.  Photograph: EPA/BORIS ROESSLER

The OECD has slashed its growth forecasts for major developed economies, urging much more aggressive ECB stimulus to ward off the risk of deflation i(...)

The loophole that allowed Irish banks not to disclose their property losses during the crash has finally been closed.Under new international accountin(...)

The global economic recession cut growth, depressed tax revenues and forced most governments to borrow more to finance their rising deficits. Against (...)