After years in crisis and austerity, Greece will exit the stability program on August 20th. no more cash injections or bailout funds. That's the Greek government's goal.
Italian Deputy Minister Michele Geraci has told DW it makes little sense to compare the Italy of today with Greece when it faced an international bailout. He defended Rome's budget plan, saying it would fuel growth.
Greece will exit its stability program on Monday. How has the Greek economy developed since austerity was imposed in 2010? And is Greece prepared to meet the budgetary targets? A data analysis provides answers.
The International Monetary Fund (IMF) has been described as the lender of last resort for countries in financial distress. But the stiff medicine doled out by the fund is still subject to huge controversy.
A major train derailment in the Australian outback has halted a chunk of the country's iron ore exports to China. The incident exposed the fragility of miners' supply chains and their dependence on growth in China.
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