France has long prided itself on its generous labor laws, that give workers more security and more perks than in most European countries. But hit by the eurozone crisis and an ageing population, France now needs reform
A Philippine official recently said the country no longer deserved to be branded the "sick man of Asia" given its fast economic expansion. DW speaks to economist Rajiv Biswas about what is driving growth in the country.
The European Commission has said it will offer member states that present credible reform plans more time to bring their budgets in line with EU laws, a move that could be positive for nations such as France and Italy.
Labor Minister Andrea Nahles intends to use EU funds to create thousands of jobs for disadvantaged people in Germany. Nahles launched the new scheme with EU Employment Commissioner Marianne Thyssen in Berlin on Monday.
In his sixth annual State of the Union address, US President Barack Obama has declared the economic crisis over and called on Americans to move forward together. The speech marks the final leg of his two-term presidency.
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