Euro ministers in bid to finalise Cyprus bailout
Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.
With back against wall, Portugal pushes on with austerity
Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.
Austerity putting children at risk: UN
The UN warned Wednesday that austerity measures are hitting children hard, as it published a ranking of kids' well-being in rich countries topped by northern European countries and showing Britain climbing out of the bottom tier.
Kazakhstan invested over $1 billion in Cyprus: Marchenko
Kazakhstan invested $1.162 billion into Cyprus as of the end of 2012.
Jamaica pledged $2 billion for restructuring
Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to support a sweeping restructuring program for impoverished Jamaica.
Swiss banks eager to root out undeclared funds: experts
Amid a massive scandal involving France's former budget minister and an undeclared Swiss bank account, Swiss banks are more eager than ever to kick out tax cheats and clear their names.
Portugal PM announces severe spending cuts
Portuguese Prime Minister Pedro Passos Coelho called for severe cuts in public spending after a court rejected a number of austerity measures.
Britain brings in ban on 'rip-off' surcharges
A ban on "rip-off" surcharges imposed on credit card spending came into force in Britain on Saturday, meaning traders must ensure that the extra fees reflect genuine processing costs.
Kazakhstan's Q1 gold and FX reserves announced
The National Oil Fund’s assets as of April 1, 2013 stood at $59.806, 3.53% up against the start of the year.