BREAKING NEWS

Economic crisis

News

Egypt's long road to economic recovery

Five years on from the revolution that saw the fall of the Mubarak regime, and Egypt is still on its knees.

Five years on from the revolution that saw the fall of the Mubarak regime, and Egypt is still on its knees.

Business

Credit Suisse announces big losses, more job cuts

Credit Suisse says its 2016 losses were 2.44 billion Swiss francs, it plans to cut up to 6,500 more jobs this year.

Credit Suisse says its 2016 losses were 2.44 billion Swiss francs, it plans to cut up to 6,500 more jobs this year.

News

Which EU country pays the most generous minimum wage?

Debt-hit Greece is the only country in the EU that has seen its minimum wage fall over the last decade, new figures have revealed.

Debt-hit Greece is the only country in the EU that has seen its minimum wage fall over the last decade, new figures have revealed.

News

Donald Trump and playing with economic matches

By arbitrarily selecting particular businesses to carry out his “commands,” Trump will destroy the core market principles of transparency and fairness.

By arbitrarily selecting particular businesses to carry out his “commands,” Trump will destroy the core market principles of transparency and fairness.

News

Venezuela rolls out new banknotes in response to high inflation

Weeks behind schedule and amid fears it will do little to resolve Venezuela's soaring inflation, the country's government has released new banknotes.

Weeks behind schedule and amid fears it will do little to resolve Venezuela's soaring inflation, the country's government has released new banknotes.

News

Opinion: Trumpian Uncertainty

By Joseph E. Stiglitz, Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 and Professor at Columbia University NEW YORK – Every

By Joseph E. Stiglitz, Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 and Professor at Columbia University NEW YORK – Every

News

Scores of arrests in Venezuela in chaos over banknote withdrawal

Venezuelan President Nicolas Maduro has announced that 300 people have been arrested during protests and looting over the elimination of the country’s largest currency…

Venezuelan President Nicolas Maduro has announced that 300 people have been arrested during protests and looting over the elimination of the country’s largest currency…

News

Venezuela closes Colombian border to stop currency 'mafia'

A day after banning the 100-bolivar banknote from circulation, President Maduro has ordered the 72-hour closure of the Colombian border.

A day after banning the 100-bolivar banknote from circulation, President Maduro has ordered the 72-hour closure of the Colombian border.

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.