Dutch finance chief to lead Eurogroup

Jan 23, 2013

Dutch finance chief to lead Eurogroup

Jeroen Dijsselbloem of the Netherlands took over Monday as chairman of the key Eurogroup of finance ministers, despite resistance in a vote to replace Luxembourg’s Jean-Claude Juncker. “We appointed the Dutch Finance Minister Jeroen Dijsselbloem to become the new president of the Eurogroup,” Juncker ...

Eurozone jobless flock to Switzerland

Jan 9, 2013

Eurozone jobless flock to Switzerland

After losing one public sector IT job and then another in austerity-hit Spain, Thierry Perello decided to seek his fortune in one of the few remaining bright spots on the European map: Switzerland. “I just didn’t want to stay in Spain anymore. I was ...

Dec 19, 2012

Cyprus faces default 'within days'

Nicosia AFP-JIJI Cyprus could default on loan payments due this month unless it can reach an agreement on a bailout with international lenders within days, a government official said Monday. “If in the coming days the state is unable to secure €250 million to ...