The Cypriot economy is in a fragile state, says its biggest bank, so the country needs European emergency support to avoid bankruptcy
(VOVworld) – The political impasse following Italy’s election has raised fears of a continuous debt crisis not only in Italy but in neighboring countries. The election was seen as...
Eurozone finance ministers will meet Monday in Brussels, against the backdrop of a weak economy and increased political uncertainty after an election inconclusive in Italy, the group's third largest...
(VOVworld) – British Prime Minister David Cameron officially announced the future relation between the UK and EU in his speech in London on Wednesday. Accordingly, the UK will hold a referendum on...
Greek lawmakers have approved a series of long-delayed reforms demanded by international creditors, taking the country a step closer to securing its next multi-billion euro aid installment
Europe’s manufacturing sector entered 2013 in a mostly downbeat fashion as new data revealed there had been no significant improvement in the weak level of output and orders
UK Deputy Prime Minister Nick Clegg warned Prime Minister David Cameron that the UK should not withdraw from the EU
1. 2012- A year of elections and power transitions Russia witnessed a Presidential power transition between Vladimir Putin and Dimitry Medvedev: Putin became Russian President after the Presidential election on March...
(VOVworld) – Park Geun-hye, 60-year-old leader of the Saenuri Party, defeated Moon Jae-in of the Democratic United Party (DUP) in the presidential election on December 19 to become South...
Despite the gloomy global economy, World Bank (WB) says the Asia-Pacific economies are continuing to demonstrate resilience and flexibility
The Organization of Petroleum Exporting Countries (OPEC) Tuesday held steady forecasts of the world oil demand in 2012 and 2013
(VOVworld)- The European Central Bank stands ready to "intervene" again if necessary to preserve the euro's stability
Eurozone finance ministers and International Monetary Fund (IMF) failed to strike a deal to unblock 31.5 billion euros (USD40 billion) bailout funds needed to keep Greece from bankruptcy. The...
(VOVworld) – EU members’ trade unions on Wednesday launched fresh protest against the widespread austerity measures which have been considered the cause of European deeper sinking into economic recession
(VOVworld) – Negative information on the ongoing debt crisis in the Eurozone has made the headlines worldwide. This means the crisis has become worse than expected. VOV’s editor Hong Van analyzes...
(VOVworld)- Latest macro economic indexes show that the public debt crisis in the Eurozone region has spread to Germany, according to the Le Figaro newspaper of France
(VOVworld) – The ninth Asia – Europe Meeting (ASEM) in Vientiane took place with the world reeling from economic crisis, troubling climate change, food insecurity, and exploding religious conflicts. Consequently, the conference sought cooperation and...
(VOVworld) - President of the European Council Herman Van Rompuy will visit Vietnam this Wednesday
(VOVworld) - President of the European Council (EC) Herman Van Rompuy and his wife will pay an official visit to Vietnam next week at the invitation of President Truong Tan Sang
European national debt levels have continued to rise above EU limits as the eurozone debt crisis erodes government revenues