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India-born to head European development bank

India-born Suma Chakrabarti will succeed Germany's Thomas Mirow as the President of the European Bank for Reconstruction and Development (EBRD), which has been supporting economic transition in......

Is the euro going down?

Ever since the European sovereign debt crisis first came into sharp focus in late 2009, talk about "the end of the euro" has been going on and off like a flickering light bulb in an abandoned......

Brussels: Finance ministers begin the daunting task

Following 10 days of political drama, the spotlight in Europe shifted to more technical matters on Monday, with finance ministers of the 17-member Euro zone gathering this evening at Brussels,......

Eurozone crisis: Germany, France call another EU summit

Germany and France have convened another European Union summit next week to finalise a package of comprehensive measures to tackle the eurozone debt crisis as their continuing dispute over the size......

Is bailout the end of Euro-zone's problems?

An anxious fortnight in which financial markets grappled with the consequences of a spiralling debt crisis in Europe and the prospect of a default by the US treasury (with the continuing impasse......

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