New figures show the 17-nation eurozone slipped into recession in the third quarter. Southern Europe has seen years of weak or negative economic growth, and now the slowdown is spreading to northern economies.
Africa has a new economic frontrunner. Nigeria has released figures suggesting the oil-rich country has overtaken South Africa in terms of gross domestic product. But do the numbers reflect reality?
Nigeria has overtaken South Africa as the continent's largest economy, according Nigeria's statistics agency. It said its fresh calculation had shown nearly a doubling of Nigeria's gross domestic product.
Nearly half the Greek workforce is unemployed or unpaid. Nikos Aivatzidis and Alexandra Tsitoura work at a firm that hasn't paid them in years. How do families like theirs survive in the EU's most depressed economy?
A fresh report by the IMF has highlighted the crisis lender's continued worries about the state of banks in the 18-member eurozone. It urged the area to accelerate its cleansing of post-crisis balance sheets.
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