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Germany and France push change

The president of the European Commission appealed to EU leaders on Thursday to set aside their differences and unite to rescue the euro from a sovereign debt crisis that is menacing the world economy. Jose Manuel Barroso was speaking hours before a potentially...

EU leaders struggle

European leaders struggled to reconcile austerity with growth on Monday at a summit due to approve a permanent rescue fund for the euro zone and put finishing touches to a German-driven pact for stricter budget discipline. Officially, the half-day summit was meant to...

Credit Risk In Most Countries

The situation of companies in the construction sector closely reflects the world, regional and national economic trends. At a time when the world economy is characterized by divergences between countries, with a recession in the euro zone, there are significant...

2nd Placed Dimosthenis Evaggelidis Copenhagen Report

We arrived at Copenhagen by air, two days before the marathon race, and – as it turned out – our first impressions were quite representative of the city. Before our landing, my attention was caught by the huge wind generators that were in the middle of the sea, nearby...

Modest growth predicted in 2012

Mexico City – Finance ministers and central bank governors of the Group of 20 (G20) nations expect modest growth this year as downside risks continue to threaten the global economy. While the world economy is slowly recovering, uncertainties remain with volatile...