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Economic crisis

Business

Bombardier to cut more jobs in Canada and Germany

Canadian plane and train maker Bombardier says it is cutting another 7,500 jobs - 10 percent of its workforce - over the next two years.

Canadian plane and train maker Bombardier says it is cutting another 7,500 jobs - 10 percent of its workforce - over the next two years.

Business

Unemployment rises in Spain for second straight month

The number of people in Spain registering as unemployed rose in September as the jobs boost of a strong tourist seasons wears off.

The number of people in Spain registering as unemployed rose in September as the jobs boost of a strong tourist seasons wears off.

News

Venezuelan opposition out manoeuvred by Maduro as shortages persist

Venezuela, a country with the world's largest oil resources, is mired in a crippling economic crisis and tens of thousands of anti-government protesters are demanding fresh elections.

Venezuela, a country with the world's largest oil resources, is mired in a crippling economic crisis and tens of thousands of anti-government protesters are demanding fresh elections.

News

Spain's taxpayers will never get most of bank bailout money back - report

Spain's government has reportedly admitted it will never get back much of the more than 50 billion euros used to bail out the countries' banks according to a report the newspaper El Pais.

Spain's government has reportedly admitted it will never get back much of the more than 50 billion euros used to bail out the countries' banks according to a report the newspaper El Pais.

News

Maduro attempts to stave off slow political death in Venezuela

In Venezuela the trial of strength between Nicolás Maduro and his enemies has lasted eight months, ever since the opposition seized a parliamentary majority for the first time in 16…

In Venezuela the trial of strength between Nicolás Maduro and his enemies has lasted eight months, ever since the opposition seized a parliamentary majority for the first time in 16…

News

Media shakeup: Greece raises €246m with sale of four TV licences

The winners have been announced in the great Greek TV sell-off, with four companies winning bids for television channels in an unprecedented auction.

The winners have been announced in the great Greek TV sell-off, with four companies winning bids for television channels in an unprecedented auction.

News

Roussef brought down by bad timing and bad friends

Once upon a time she had fought as a guerilla against military dictatorship but in 2011, fully backed by outgoing President Lula Da Silva, Dilma Roussef became President of…

Once upon a time she had fought as a guerilla against military dictatorship but in 2011, fully backed by outgoing President Lula Da Silva, Dilma Roussef became President of…

News

Venezuela and Colombia agree to re-open border crossings

border to re-open along five crossings to pedestrians to remain open for 15hrs per day full re-opening under discussion Venezuela and Colombia have agreed to partially re-open their…

border to re-open along five crossings to pedestrians to remain open for 15hrs per day full re-opening under discussion Venezuela and Colombia have agreed to partially re-open their…

News

Venezuela-Colombia discuss full border opening

The foreign ministers of Venezuela and Colombia have met to discuss moves to open up their joint border, a year after Caracas closed crossings in a crackdown on…

The foreign ministers of Venezuela and Colombia have met to discuss moves to open up their joint border, a year after Caracas closed crossings in a crackdown on…

Business

Egypt sees stability for its economy with IMF loans

As Egypt says it is close to agreeing loans from the International Monetary Fund that it hopes will restore confidence in its struggling economy, Euronews talks to experts and ordinary Egyptians.

As Egypt says it is close to agreeing loans from the International Monetary Fund that it hopes will restore confidence in its struggling economy, Euronews talks to experts and ordinary Egyptians.

News

Venezuela reopens Colombian border to allow people to buy basic goods

Thousands of Venezuelans crossed into neighbouring Colombia on Saturday to buy food and medicine, as the border between the two countries was temporarily…

Thousands of Venezuelans crossed into neighbouring Colombia on Saturday to buy food and medicine, as the border between the two countries was temporarily…

News

Venezuela seizes US factory after closure due to lack of raw materials

Venezuela’s government has seized a factory belonging to Kimberly-Clark Corporation after the US personal care giant said it was halting production as it was unable to obtain raw…

Venezuela’s government has seized a factory belonging to Kimberly-Clark Corporation after the US personal care giant said it was halting production as it was unable to obtain raw…

Business

Italian banking crisis looms

A mountain of bad debts and a lack of capital reserves are fueling an Italian banking crisis, which has been thrown into sharp focus by Britain's vote to leave the European Union.

A mountain of bad debts and a lack of capital reserves are fueling an Italian banking crisis, which has been thrown into sharp focus by Britain's vote to leave the European Union.

News

Venezuela's growing medical shortage

From bread and beer to sugar and toilet paper – you name it, Venezuela’s economic crisis has resulted in a chronic shortage of basic goods.

From bread and beer to sugar and toilet paper – you name it, Venezuela’s economic crisis has resulted in a chronic shortage of basic goods.

News

Europe throws Greece a 10.3-billion-euro lifeline

Greece is thrown another lifeline. Europe's finance ministers agree to unlock 10.3 billion euros in bailout funds.

Greece is thrown another lifeline. Europe's finance ministers agree to unlock 10.3 billion euros in bailout funds.

News

Zimbabwe puts its wild animals up for sale

Zimbabwe’s government has said it is ready to sell its wildlife. People with money and space are being asked to buy animals in a bid to save them

Zimbabwe’s government has said it is ready to sell its wildlife. People with money and space are being asked to buy animals in a bid to save them

News

Venezuela: More pay and less sleep as economic crisis hits hard

A 30 percent rise in the minimum wage, announced by Venezuelan President Nicolas Maduro on Saturday night, may seem like a wholly positive move. It

A 30 percent rise in the minimum wage, announced by Venezuelan President Nicolas Maduro on Saturday night, may seem like a wholly positive move. It