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Western bank debt strains under weight of Russian crisis ET

The rouble has come under heavy selling pressure this week, forcing the Russian central bank to increase interest rates by a colossal 6.5%.

European Commission chief Juncker's EU investment plan risks disappointing ET

Two years after the debt crisis, EU's economy is flatlining and unemployment is high, while the lack of response by EU leaders has become a concern.

Ebola crisis tops European Union meeting ET

Ahead of the talks, German Foreign Minister Frank-Walter Steinmeier said the bloc should consider sending "a civilian EU mission" to west Africa.

Greek stocks plummet on fear of political crisis ET

Syriza's Tsipras said the final presidential vote, on Dec. 29, would signify the end of the governing coalition's ``catastrophic'' austerity policie

Emerging market crisis: How 2014 compares to 1998 ET

Emerging markets today look a lot like they did back then. Yet there have been key changes that could help most of them escape full-blown crises.

EU summit to discuss crisis-hit Russia, economic plan ET

Leaders will also back a huge 315-billion-euro investment plan unveiled last month by new European Commission President Jean-Claude Juncker.

IMF gave richer countries wrong austerity advice after crisis: Report ET

IMF Managing Director Christine Lagarde said the IMF's advice was reasonable, given the information and economic growth forecasts it had in 2010.

Croatia to elect new president amid severe economic crisis ET

With the centre-left government blamed for failing to revive the economy, Grabar-Kitarovic's opposition HDZ party is likely to gain considerable backing.


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