Greek finance ministry hits back at German newspaper report

ATHENS (Reuters) - Greece's finance ministry dismissed on Sunday a report by a German newspaper which said that euro zone officials were shocked at Greece's failure to outline plans for structural reforms at last week's talks in Brussels.

IMF admits: we failed to realise the damage austerity would do to Greece

The International Monetary Fund admitted it had failed to realise the damage austerity would do to Greece as the Washington-based organisation catalogued mistakes made during the bailout of the stricken eurozone country.

Juncker reveals giant EU investment plan

European Commission President Jean-Claude Juncker has given details of a €315bn (£250bn; $393bn) investment plan to kick-start Europe's economy.

Eurozone survey rise does not ease recession fears

LONDON (AP) - A stronger than anticipated economic survey Thursday failed to inspire much optimism that the recovery in the 18-country eurozone and of France in particular would be anything but muted.

China's premier says country's economy improving

BEIJING (AP) — China's economy improved in the latest quarter but faces "downward pressure," and Beijing will increase the strength of targeted policy measures to shore up growth, the country's premier said Monday.

France confirms to cut spending for first time since 1958

PARIS: French government spending will fall next year for the first time since 1958, Prime Minister Jean-Marc Ayrault said Tuesday, as the country begins shifting the austerity effort away from tax hikes.