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A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.
Syria's brutal five-year war has turned increasingly messy tangle of internal and external players with their own multi-faceted agendas.
Pakistan asks Britain's Queen Elizabeth II to return the Koh-i-Noor diamond more than 150 years after it was taken from Lahore.
Chinese consortium led by the Golden Brick Silk Road investment fund offered 10.5 billion kroner ($1.2 billion) to take over Opera Software
13 million pupils in OECD countries fail to attain a sufficient level of proficiency in either reading, maths or science by the age of 15.
Residents of Scotland's remote Shetland Islands brandishing swords and shields celebrated their Nordic roots in a fest that culminated in burning of a Viking ship replica.
Italy and the European Union on Tuesday reached agreement on creating a guarantee vehicle to help Italian banks sell bad loans.
The Wounded Angel by Kazakh film director Emir Baigazin selected for the Official Program of the Berlin International Film Festival.
Kazakhstan denounced North Korea’s test of hydrogen bomb and violation of UN Security Council’s nonproliferation resolutions.
North Korea said it had successfully tested a miniature hydrogen bomb. If confirmed, this would place it among a small group of countries with such dangerous weapons.
The German government condemned dozens of coordinated sexual assaults against women on New Year's Eve in Cologne blamed on Arab men.
Tim Peake, the first British astronaut on the International Space Station, dialled a wrong number after trying to phone home for Christmas, asking a woman "Is this planet Earth?"
Turkish Internet servers are suffering a powerful cyber attack from abroad, slowing banking services and fanning fears.
Turkmenistan hailed on Wednesday the completion of a $2.5 billion gas pipeline connecting its abundant eastern gas fields to the Caspian Sea while potentially expanding Europe's energy security options.
The German cartel authorities have banned the online hotel booking portal, Booking.com, from using 'best pricer clause.
Hungary accused Austria of confusing 'solidarity and stupidity' after Vienna said that nations which do not accept refugees under European Union quotas should face sanctions.
Time magazine named German Chancellor Angela Merkel as its Person of the Year 2015, hailing her leadership during Europe's debt, refugee and migrant crises and Russia's intervention in Ukraine.
EU nations may delay a decision on whether to roll over economic sanctions against Russia.
Over 70,000 people sign a petition to ban Donald Trump from entering Britain after his call to bar Muslims from entering the United States.
The Eiffel Tower turned green Sunday for the opening of the Paris climate conference, marking the launch of an art project that will see "virtual trees" grow on the landmark to support reforestation.
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