Presidential guards parade before newly appointed ministers and deputy ministers at a swearing in ceremony outside the presidential palace in Athens on January 27th, 2015. Photograph: Marko Djurica/Reuters

Sometimes the right thing to do is the wise thing. That is the case now for Greece. Done correctly, debt reduction would benefit Greece and the rest o(...)

Bank of England governor Mark Carney: gave strong hints that the Bank of England could increase interest rates from their record lows sooner than expected. Photograph: Laurent Gillieron/EPA

The ECB has done its part – now it’s up for countries to implement structural reforms. That was the message from Benoît Cœuré, a senior ECB figure,(...)

The congress centre at Davos. Taoiseach Enda Kenny and IDA officials will be holding bilateral meetings on the sidelines of the summit with prospective client companies. Photograph AFP

Thousands of the world’s top business and political leaders are gathering for the 45th annual World Economic Forum in the chic Swiss ski resort of Dav(...)

The Sky Tower in Wroclaw. Poland was the only EU member state to avoid recession after the global  financial crisis.

Poland has some enviable numbers to support its claim of being Europe’s economic success story of the past decade. It has doubled its gross domesti(...)

The World Bank predicted the roughly 60 per cent drop in global oil prices since June of last year should be a net positive for the world economy, boosting oil-importing countries

The World Bank has lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some (...)

China has been trying to improve its statistical system amid widespread scepticism about the reliability of its data

China has revised up the estimated size of its economy for 2013 by 3.4 percent to 58.8 trillion yuan ($9.5 trillion), the National Bureau of Statisti(...)

Out of the crooked timber of humanity, no straight thing was ever made. This famous remark of German philosopher Immanuel Kant is particularly relevan(...)

Samples of standardised or plain packaging of tobacco products.

Ireland has maintained its position for a second year as the 18th best country for protecting property rights in the globe according to the influenti(...)

Planet Business

Image of the week: HRH corruption hunter Being second in line to the British throne isn’t all handshakes and banter with sports stars and hangi(...)

Marcos Avilques and Marcio Kokoj of the Co-ordination of the Indigenous Organisations of the Brazilian Amazon address a news conference as part of the UN climate change conference in Lima. Photograph: Mariana Bazo/Reuters

Climate change adaptation costs for developing countries are likely to be double or even treble current estimates of $70 billion-$100 billion (€57 bil(...)