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Economy

Russia economy shrank 3.7% in 2015, inflation up 13%, retail sales fall 10%

Russia's economy contracted by 3.7 percent in 2015 according to the government statistics service in Moscow. They said retail sales fell by 10 percent and capital investment by 8.4 percent.

Switzerland

Davos: nations urged to adopt Paris climate accord

Warned of threat posed by climate change to global peace and security

My Europe Series

Unemployment in Spain: a life without hope?

Jerez de la Frontera – where more than 1 in 3 is out of work Every day is a challenge for 27-year-old Miguel Angel Vaca Fernandez, as he strives to

Real Economy

A portrait of poverty: Europe’s women & children

In Real Economy this week Maithreyi Seetharaman looks at the challenges governments face in tackling poverty with the help of some of those closest

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Greece

Greece approves reforms to unlock further bailout cash

Greece has approved a reform bill, which paves the way for the release of further bailout funds from its international lenders. But Prime Minister

Economy

Greek parliament approves reform bill

The Greek parliament has approved reforms needed to unlock two billion euros of bailout aid. However several measures still have to be agreed with

World

Rocking the establishment: Thomas Piketty's challenge to orthodox economics

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

My Europe Series

From a Russian peninsula: Crimean voices

It's hard to hear Crimean voices these days. Since Russia annexed the peninsula at least 20,000 people have left, the majority not wanting to become Russian.

My Europe Series

Struggling to survive: Greek SMEs count the cost of reform

Greeks go to the polls once again this month over a bailout package that has deepened their country’s political turmoil. Prime Minister Alexis

Economy

Future forecasts vary as oil continues slide

With even fewer signs that market oversupply is coming to an end, the price of oil continued to fall on Wednesday. To add to the furious pumping of

World News

Supreme Court judge Vassiliki Thanou will lead Greece to elections

The head of Greece’s new caretaker government has been named as Vassiliki Thanou, the country’s top Supreme Court judge. The president’s office said

Venezuela

1000 Colombians deported as Venezuelan President Maduro keeps border closed

A week into the border closure between Venezuela and Colombia and around a thousand Colombians have been deported as of Wednesday. Venezuelan

Greece

Greece clinches third bailout worth 86 billion euros

Greece has secured a third bailout worth 86 billion euros after Greek lawmakers accepted their tough conditions. The Dutch finance minister said he

Greece

Tensions rumble in Athens ahead of crucial Greek bailout vote

The holiday atmosphere in the Greek capital belies the tension brewing in Parliament. MPs are set to vote on a multi-billion euro bailout deal. With

Iraq

Iraq: most far-reaching government reforms since 2003 invasion

Iraq’s parliament has voted unanimously for the biggest shake-up in its government system since the 2003 US invasion. The decision eliminates entire

Venezuela

Venezuelan opposition hold protestin Caracas against food shortages

Hundreds of Venezuelan opposition supporters have gathered in Caracas to protest against rising government oppression and violence sparked by endless

Greece

Newly-opened Athens stock market plunges after five-week shutdown

Greece’s stock exchange has plunged by nearly 23 percent after opening for the first time in five weeks. It is the market’s biggest fall on record

Spain

Café Comercial closes, uproar in Madrid

The doors to Madrid’s oldest coffeehouse and bar remain closed, bringing 128 years of activity to an end. El cierre del Café Comercial tras 128 años

Greece

Crucial bailout talks begin in Greece

Talks to pave the way for Greece’s third bailout are underway, with officials from its international creditors on the ground in Athens. The

Greece

Greece moves closer to bailout talks as Syriza divisions remain

The Greek parliament took a step closer to negotiations on an new €86bn bailout after MPs voted to reform the judiciary and banking system