Croatian ministers have come out in support of a draft austerity budget, which is aimed at leading the country out of a long recession. The budget plan is subject to parliamentary approval next month. 

The US plane maker believes that 33,500 new planes will be needed in less than two decades, with airlines in Asia and the Pacific expected to account for most of the fresh demand. 

Japan's economy contracted considerably in the final quarter of 2011, triggering worries of a recession. Growth was hampered by falling overseas demand and a strong yen. 

A proposed free trade deal between the European Union and India could breach the United Nations' Universal Human Rights framework by denying millions of poor Indians access to food, non-governmental organizations warn.  

A new Greek austerity plan has been approved by all the parties in government. But the country's economic future remains uncertain because the political system has collapsed, says Spiros Moskovou from DW's Greek desk. 

As Greece grapples with debts and deadlines, Yanis Varoufakis, writing for DW's Transatlantic Voices column, argues that the country has been skirting the edge of a debt crisis since its inception.