Greeks rally against austerity plan

2012-09-26 12:12

Greece face a paralysing general strike as unions protest at a new round of sweeping austerity cuts to be brought in next month to unlock vital EU-IMF loans.

China to help resolve eurozone crisis

2012-09-20 15:53

Chinese Premier Wen Jiabao says Beijing will maintain its attempts to end the eurozone debt crisis, after months of investing in European sovereign bonds.

Markets relieved by German court ruling

2012-09-12 13:02

The euro has surged above $1.29 for the first time in four months after Germany's highest court rejected calls to block the Europe's permanent rescue fund.

Eurozone economy shrinks by 0.2%

2012-08-14 16:15

The eurozone's debt-ravaged economy shrank in the second quarter, having flatlined in the first, despite continued German growth.

Monti fears Europe could tear apart

2012-08-05 13:37

Italian PM Mario Monti has voiced fears that tensions sparked by the eurozone crisis has turned countries against each other and must not be allowed to rip Europe apart.

IMF welcomes eurozone aid for Spanish banks

2012-07-20 16:54

International Monetary Fund chief Christine Lagarde has applauded a eurozone deal to provide aid to Spanish banks.

Spain banks to minimise hit for investors

2012-07-11 17:50

Spanish banks in line for European aid are trying to minimise losses for small savers who will be forced to take a hit on certain bonds and shares, under aid conditions.

Finland will not cover the eurozone debt tab

2012-07-06 17:17

Finland has no intention of footing the bill to cover the debt of other countries in the eurozone, says Finnish Finance Minister Jutta Urpilainen.

Growth the watchword at G20 summit

2012-06-19 17:52

The leaders of the world's major economies embarked on the final day of the G20 summit determined to kickstart growth and pull the eurozone back from the brink of disaster.

G8 leaders hope Greece remains in Eurozone

2012-05-20 13:27

President Barack Obama says the US and other G8 members agree Europe's financial crisis must be addressed with a mix of growth and austerity measures.

Gordhan: Worst over for SA economy

2012-04-24 18:17

Finance Minister Pravin Gordhan says despite eurozone uncertainty the economy is through the worst and structural reforms are needed to improve growth.

Shares down as eurozone fears grip investors

2012-04-23 13:17

Potential political turmoil in France and the Netherlands coupled with downbeat global economic data dragged down European shares and raised safe haven demand.

Eurozone business slump worsens in April

2012-04-23 10:49

A slowdown in the eurozone's private sector unexpectedly worsened in April, dashing hopes that the region will emerge from recession soon.

Italy next in line to test debt market

2012-04-20 15:50

Italy’s borrowing costs are under pressure to rise further at a bond sale next Friday.

JSE opens in black, eyes on Spanish auction

2012-04-19 10:40

The JSE was on a relatively firm footing soon after the opening as investors await the outcome of the Spanish debt auction.

Rand, bonds steady after recent gains

2012-04-19 09:19

The rand has firmed against the dollar and government bonds are steady, as investors keep an eye on the eurozone after a raft of positive local news buoyed SA assets.

Geithner: EU must balance growth/cutbacks

2012-04-18 15:42

US Treasury Secretary Timothy Geithner says debt-stricken European countries must avoid sharp budget cuts and tax hikes which could undermine growth.

Miners weigh on flat JSE

2012-04-17 13:28

The JSE was little changed in spite of firmer global markets as mining stocks weakened.

Spanish debt heads towards crisis levels

2012-04-16 12:43

Investors remained concerned about Madrid's budget, pushing the yield on its debt above the psychologically significant 6%, which in turn knocked down the euro.

Gold steadies as debt crisis looms over euro

2012-04-11 14:22

After four days of rises, the gold price held firm as the eurozone crisis threatened to undermine the euro and offset any potential safe haven demand for the metal.

ECB still sees risks to economic recovery

2012-04-04 15:01

The European Central Bank says there are threats to economic stability in the eurozone, as it again left interest rates unchanged at a record low.

EU agrees temporary boost to rescue capacity

2012-03-30 12:53

Eurozone finance ministers have agreed to a temporary increase in their financial rescue capacity to prevent a new flare-up of Europe’s sovereign debt crisis.

OECD: Eurozone debt crisis far from over

2012-03-27 11:24

Investor confidence in the eurozone is still fragile and its banks are weak, says the Organisation for Economic Cooperation and Development.

JSE ends in red on resources rout, Shoprite

2012-03-22 18:31

SA stocks ended in the red again as worries about Chinese demand hit mining stocks and Shoprite slid steeply after it said it would issue new shares and convertible bonds.


Spain's parliament on protest alert

2012-09-25 12:32

Spain's parliament took on the appearance of a heavily guarded fortress, ahead of a protest against the conservative government's handling of the economic crisis.

Spain banks' borrowing hits new ECB high

2012-09-14 12:06

Spanish banks' net borrowing from the European Central Bank has hit a record high in August as the country faced ever-tighter financing conditions.

ECB: Greek exit viable but undesirable

2012-08-20 12:04

The European Central Bank says Greece's departure from the eurozone would be manageable, but it would be preferable if the country stayed within the region.

European shares touch 4-month highs

2012-08-06 13:24

European equities touched fresh four-month highs, with investors shifting into financials from the more defensive drug makers and food producers.

Draghi under pressure to deliver euro pledge

2012-07-30 13:10

European Central Bank President Mario Draghi must back up his pledge to do what it takes to protect the euro when the bank's policymakers meet on Thursday.

Finland finally agrees to Spanish bailout

2012-07-20 11:45

Finland's parliament has approved a European aid package for ailing Spanish banks, as well as a deal for collateral from Spain in exchange for Helsinki's participation.

Cyprus urges fair eurozone debt-sharing

2012-07-06 15:59

Financially troubled Cyprus complained of falling "unfairly" foul to Europe's debt crisis and urged eurozone nations to share debt according to size.

Spain's rescue loan sows debt fear

2012-06-11 15:13

Investors punished Spain's bonds as euphoria over a vast eurozone loan to rescue stricken banks transformed into deep concern over its mushrooming debt.

Greece tourism hit by euro crisis

2012-05-20 11:17

Europeans are avoiding vacations to Greece this summer fearing instability sparked by the debt crisis, says industry sources.

Eurozone woes dog banking sector

2012-04-26 11:11

Despite a first quarter bounce, banks in the single-currency area remain wary as some have been hit by losses on Spanish property and fragile markets.

Sarb index shows economy on growth course

2012-04-24 10:31

The Reserve Bank's leading indicator continued its upward trend in February, pointing to continued economic growth in six months.

Oil slides below $118 on eurozone worries

2012-04-23 12:05

The price of Brent crude slipped over lingering concerns about the eurozone debt crisis, although supply constraints due to Iran sanctions arrested the slide.

IMF warns not to ease up in debt battle

2012-04-22 15:46

An infusion of hundreds of billions of dollars will give the International Monetary Fund a badly needed boost to tackle Europe's prolonged debt crisis.

Emerging powers ready to give IMF billions

2012-04-20 11:02

Russia says that it and other major emerging powers will commit enough new funds to fulfil the IMF's request for at least $400bn to tackle the eurozone debt crisis.

Markets kept in check by Spanish debt sale

2012-04-19 09:53

Asian markets ended flat while German bond yields hovered near record lows ahead of bond auctions by Spain and France which are key to eurozone investor confidence.

IMF secures $320bn to boost firepower

2012-04-19 07:22

The International Monetary Fund says additonal contributions from Poland and Switzerland have bolstered its ability to deal with the eurozone debt crisis.

Global economy in uneasy calm - IMF

2012-04-17 16:26

The International Monetary Fund has forecast low growth especially in the eurozone as it describes the global economy as being in a state of uneasy calm.

Spanish debt sale, German data give relief

2012-04-17 12:30

A smooth Spanish debt auction and German data gave an upbeat reading of the eurozone’s largest economy, giving investors some reassurance.

G20 may boost IMF coffers by $400-500bn

2012-04-13 17:30

The Group of 20 is likely to bolster International Monetary Fund firepower by at most $500bn, not the $600bn it has sought to fight the eurozone debt crisis.

Financial crisis curbs global aid - OECD

2012-04-04 17:12

Foreign aid contributions by the world's richest countries has fallen for the first time since 1997, says the Organisation for Economic Cooperation and Development.

Eurozone jobless rate hits new high

2012-04-02 12:50

Unemployment in the eurozone has reached its highest in almost 15 years, with more than 17 million without work.

Fed drives world stocks to 2012 high

2012-03-27 11:53

US Federal Reserve hints that it will continue to support economic growth and hopes that the eurozone will agree to a bigger firewall have buoyed investor sentiment.

Growth, debt nerves keep stocks below highs

2012-03-23 12:50

Concerns about Chinese and eurozone growth and a renewed focus on sovereign debt problems in Italy and Spain kept investors cautious, dragging down stocks.

China's factories slump, EU business wilts

2012-03-22 17:21

Chinese manufacturing shrank for the fifth month and business in the eurozone is wilting, adding to jitters that the two are unlikely to prop up the global economy.

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go! - shop online today

Save up to 40% on outdoor accessories!

Tents, sleeping, day packs and more. While stocks last. Shop now!

Month End Madness Sale!

Save up to 60% on across a wide range of goods from books to electronics, DVDs and many more. Sale end 31 January 2015. Shop now!

Valentine’s Day gifts – 14 Feb!

Gifts to spoil him and her. While stocks last. Shop now!

30% off fragrances

Get 30% off fragrances for him and her. While stocks last. Shop now!

Up to 30% off All Textbooks

Save up to 30% off an extensive range of prescribed textbooks for all major universities and FET colleges. Shop Now!

OLX Free Classifieds [change area]

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.