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The economic week ahead: Europe's existential crisis

The eurozone crisis should steal the show this week, while in SA the Reserve Bank is considering interest rates, and inflation is in the spotlight.
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World leaders back Greece, vow to combat financial turmoil

A summit of the G8 nations on Saturday came down in favour of a push to balance European austerity with a new dose of US-style stimulus.
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Rand bears the brunt of euro fears

The volatile rand again bore the brunt of global risk-off trading and weakened to R8.37 against the dollar this week, its lowest level this year.
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Merkel says vote defeat won't affect euro policy

German Chancellor Angela Merkel says her party's loss is a "bitter defeat" but stressed it has no bearing on her belt-tightening policy in Europe.
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EU rallies in wake of France, Greece elections

The European executive has responded to electoral earthquakes in France and Greece by calling for a shift towards growth across the European Union.
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IMF warns countries to avoid climbing debt

The IMF has issued a call to bickering US politicians, urging them to solve the country's debt problems before the vulnerable economy is tipped over.
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European Union cracks down on rebellion

Brussels has condemned Spain for planning to go against European Commission rules and not focus on its targets.
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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.
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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.
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MPs in standoff over severe cuts

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

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions