France Credit Rating Cut to AA by S&P on Growth Outlook

France’s credit rating was cut by Standard & Poor’s, which said President Francois Hollande’s policies will fail to spur growth and fix the public finances.

Fitch downgrades Poland's rating outlook on budget revision

WARSAW: Fitch Ratings downgraded its credit outlook for Poland to stable from positive on Friday for the first time in years, citing the government's decision to soften its fiscal discipline and let the budget deficit widen this year.

Fed History Shows Punch Bowl Goes as Jobs Rise: Cutting Research

An improving labor market rather than accelerating inflation made the Federal Reserve decide to end its last three episodes of easy monetary policy. It may be about to happen again, says Barclays Plc strategist Barry Knapp.

IMF Reaches Staff-Level Agreement with Samoa on Economic Recovery Program to be Supported under Rapid Credit Facility

A staff team from the International Monetary Fund (IMF) led by Yongzheng Yang visited Apia during March 13-22 to hold discussions on the recovery plans in the aftermath of the tropical cyclone Evan that caused many deaths and extensive damage to the country’s infrastructure and productive capacity.

Japan passes $142 billion stimulus budget

TOKYO:Japan's parliament on Tuesday passed a $142 billion extra budget that forms a key part of Prime Minister Shinzo Abe's efforts to tackle the deflation that has dogged the economy for years.

UK's deputy finance minister plays down importance of top credit rating

LONDON: Britain's Liberal Democrat deputy finance minister played down the importance of the country's top credit rating, preserving which has been at the heart of the country's austerity-focused economic policy.

A Greek accountant despair

How bad is the economic mess in Greece? Just ask Dimitris Skiadas, a despairing Athens accountant who is struggling to keep his clients' finances in some kind of order in a fifth year of recession.