Portugal's Socialist minority government has unveiled a 2017 budget intended to reduce the deficit, but also roll back some austerity measures.
Matteo Renzi says he declined to share a podium with German Chancellor Angela Merkel and French President Francois Hollande as he did not "share their conclusions".
Anger over the impeachment of Brazilian President Dilma Rousseff has spilled onto the streets.
Thousands of protesters have hit the streets of Athens calling on the country’s left-wing government to quit.
Public sector workers went on strike in Belgium on Tuesday in protest at budget cuts and other austerity measures.
Eurozone finance ministers have agreed to offer Greece debt relief in 2018.
Greece passes more austerity measures Syriza MP quits over reforms Hundreds protest outside parliament Greece’s parliament has approved new budget cuts and tax rises ahead of a key eurozone meeting
With Greece fast running out of money and loan repayment deadlines looming, the parliament is heading towards another austerity vote - a major test for Prime Minister Alexis Tsipras.
Brazil’s newly installed Cabinet is getting to work, in the wake of Dilma Rousseff’s suspension. The economy is a priority for incoming interim
He’s the man of the moment in Brazil, but relatively unknown on the international stage. Michel Temer has taken the reins as president, for an as-yet
The Greek capital saw a third day of rallies as the parliament prepared to vote on a series of reforms including tax hikes and pension cuts. Athens is hoping to push through the reforms required by th
Greek tax and pension reforms have to be approved by the country's lawmakers on Sunday if Athens is to get the next, previously delayed, tranche of more than five billion euros of bailout cash.
May Day celebrations turned sour in Istanbul as Turkish police fired tear gas and sprayed water cannon at anti-government protesters. They were
The Greek economy is just one step away from a recovery but needs debt relief, not further austerity, to overcome its crisis for good, Prime Minister
Greece's economy is just one step away from a recovery but needs debt relief, not further austerity, Prime Minister Alexis Tspiras has told euronews.
Greek farmers continued temporary highway blockages on Friday to protest against the left-led government’s planned pension reforms. Regional farmers
The Greek government’s plans for pension reforms have brought thousands of farmers out on the streets in protests in the north of the country, and in
Greece’s leftist-led government has survived another parliamentary vote on a reform bill demanded by the country’s international lenders. In return
Unemployment in Greece fell slightly in September. Official figures put the rate at 24.6 percent, down a tenth of a percentage point from an upwardly
According to a Spanish government opinion poll, the country’s governing People’s Party is set to win the most seats in this month’s general election
Is Portugal about to take the same path as Greece? That’s the question being asked as the country’s new Socialist government was sworn in promising
Workers in Greece have responded to austerity measures and taken to the streets of Athens. Three separate rallies led to the centre of the city being
On the streets of Athens the crack of tear gas being fired echoed in the city. The clashes erupted between police and anti-austerity protesters many
The troika of international creditors arrive back in Athens to assess Greece’s progress in implementing the third bailout programme and to urge
Greek MPs vote yes to the latest cash-for-reforms deal, but trade union leaders vow to fight to overthrow the measures.
Rebel, radical,and even rock star – words not usually associated with economists, but they do seem to stick to Frenchman Thomas Piketty, who shot to
Police and anti-austerity protesters have engaged in running battles in the Belgian capital Brussels. Tens of thousands took to the streets as part
Alexis Tsipras and his leftist Syriza parts have been voted back into power after a surprisingly decisive Greek election – the country’s fifth in six
Greeks go to the polls once again this month over a bailout package that has deepened their country’s political turmoil. Prime Minister Alexis
Anti-austerity protesters marched on the streets of Athens on Wednesday as Greece moves closer to concluding a deal with lenders on a multi-billion