Greece makes peace with bailout pledges

Finance ministers are piling the pressure on Greece to make good on pledges to slash public spending before closing a deal on a €130-billion bailout.

Greek prime minister optimistic of eurozone compromise

Greek coalition leaders failed to reach a deal on austerity cuts after marathon talks but Prime Minister Lucas Papademos is hopeful of an agreement.

The economic week ahead: Greece lightening

Negotiations aimed at lightening Greece's debt load to more sustainable levels are likely to dominate economic headlines this week.

Asian trade flourishes for sanctions-hit Iran

China has become Iran's top trading partner as the sanctions against the Islamic republic have become progressively tougher.

Eurozone ministers to continue 'tough' Greece talks

Finance ministers are to confer by telephone after 12 hours of talks in Athens failed to produce a breakthrough on a Greek bailout deal.

MPs in standoff over severe cuts

Talks appear to be stalling between EU, IMF negotiators and Greek officials.

Jobs shock puts pressure on EU

Developments in Spain and Portugal demand urgent attention.

Angry Greeks condemn EU plot to control its finances

Germany's plan to install a commissioner in Athens with veto powers over the Greek budget has been dismissed as "laughable".

Let Greeks decide on debt

The process has been hijacked by a self-serving troika that has ignored the people.

Israel calls for tougher sanctions against Iran

Israel's defence minister Ehud Barak warns tougher sanctions are needed against Iran despite the unprecedented oil embargo agreed by the EU this week.

EU takes on Iran oil embargo

The EU has formally adopted an oil embargo and central bank asset freeze against Iran to pressure it into resuming talks on its nuclear programme.

Greece's debt talks threatened by rising pressure

Hopes of a deal between Greece and creditors in time for Monday's eurozone meeting have been dashed amid increased pressure to accept bigger losses.

Sahel region faces renewed drought crisis

Drought has again returned to the western shoulder of Africa, bringing hunger to millions, threatening to slip the Sahel region into crisis.

Portugal implements fiscal reforms

Portugal is successfully implementing a series of fiscal reforms that are key to gaining continued international financial assistance.

Barrelling towards fuel shortages

The government must prepare immediately for disruptions in crude oil supply from Iran.

US fails to show up for its Taliban party

US government in danger of missing out on historic peace settlement in Afghanistan.

EU puts a rush on Google investigation

EU regulators will decide by March whether to file an antitrust complaint against Google, potentially ending the squabble sooner than expected.

Protests expected ahead of Greek debt write-off talks

Greece expects further protests as international creditors arrive to begin crucial talks on plans to write off some of the country's debts.

Chicken cock-up mirrors public frustration with EU

Only half the EU's nations have complied with a law to eliminate cramped cages of hens -- a flop seen as a metaphor for Europe's state of disarray.

Cameron to block EU-wide financial transaction tax

British Prime Minister David Cameron will block attempts to introduce EU-wide financial transaction tax based on fears of harming jobs and prosperity.

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