"The poor will get poorer and the rich will get richer."
"The public tend to curse the medical and legal professions in ethically contested situations"
University of Warwick
"People who have had a poor childhood do less well in the labour market."
Head of social policy, OECD
"Mini-jobs and flexibility in the labour market have led to a situation where there are very many working poor."
Head of social policy, OECD
"We don't get involved in the politics of the nations that we visit. We are above that. I don't want to criticize why we couldn't use a soprano that sang alone on stage. I like to see the other part - that in the orchestra women and men can sit together. It's a great step forward."
"It always runs on time, it's very fast, it's comfortable."
"The problem is that one in five workers are paid less than ten euros an hour."
Trade union representative (ver.di)
"Just enough money for a kebab"
Music teacher (Berlin)
Talks to pave the way for Greece’s third bailout are underway, with officials from its international creditors on the ground in Athens. The
Fresh from dealing with Greece, the French President is facing a crisis closer to home. Ahead of the start of the August getaway, farmers are
Rapper 50 Cent has filed for bankruptcy in New York reporting debts and assets in the range of $10 million to $50 million. It comes two months
The legendary US gunmaker, Colt is filing for bankruptcy.
The Conneticut based firm, which has been making weapons for 160 years, has been
The new boss of Malaysia Airlines has described the troubled airline as “technically bankrupt” after last year’s losses of Flights MH370 and
There was food for thought for the Greek Finance Minister Yanis Varoufakis as the eurozone said in no uncertain terms that Athens would get no more
There has been a nervous reaction across markets amid growing concerns Greece will default on its debt and Standard and Poor’s downgrading.
A man has been arrested after a shooting at a courthouse in Milan left three people dead, including a judge and a lawyer. Officials say the shooter
Parma chairman Giampietro Manenti has been arrested in Italy on money laundering charges. Manenti, who took over as the club’s new owner and
The Ukrainian government sealed an emergency loan of 1.8 billion euros from the European Union on Tuesday as the country looks to stave off the
Two weeks after being placed in administration Formula One team Marussia has ceased trading.
The heavily-indebted British-based team failed to find
No matter the cause – court rulings, political schemes or simply human error – the week’s top stories all have one thing in common: a costly
Russia has been ordered to pay $50 bn in damages to shareholderes in the defunct investor-owned oil company Yukos.
The Court of Arbitration in the
For the second time in a week, credit rating agencies have downgraded Portugal’s largest lender Banco Espirito Santo (BES) and other parts of the
Shipyard workers in Croatia opposed to a newly-appointed receiver have been barred from entering the premises of their bankrupt company.
Bankrupt Japanese firm Mt Gox has said that it has found 200,000 lost bitcoins. The Tokyo-based exchange said it discovered the missing virtual
For the first time a Chinese company has defaulted on its debts to bondholders – in China.
Loss-making solar panel producer Chaori Solar missed an
Ukraine’s newly minted central bank head and prime minister have said they hope to receive international financial aid soon and right now they have
It is five years ago since the collapse of investment bank Lehman Brothers, which was the symbolic moment of the financial crisis.
The Romanian town of Aninoasa has become the country’s first to file for bankruptcy.
Despite having access to EU financial aid, officials have been