The Federation of Austrian Industries (IV) expects further job cuts in industry leading into summer, IV head economist Christian Helmstein told journalists here on Tuesday.
It is understandable that China's recent economic data have sent jitters through world markets.
Four central European countries of Slovakia, the Czech Republic, Hungary and Poland stand ready to assist Ukraine with implementing its major reforms, Slovak foreign minister Miroslav Lajcak announced here Tuesday.
Just more than a year after the successful launch of the China (Shanghai) Pilot Free Trade Zone (FTZ), the government is planning several similar zones to invigorate the faltering economy.
Chinese President Xi Jinping has called for the combination of top-level design and local innovations in comprehensively advancing the country's reforms.
The global recovery is continuing but uneven and weaker than expected, and downside risks have increased, global financial chiefs said here Saturday.
In the past, when China's economic growth slipped to a level that threatened the job market, the government would loosen credit and embark on a construction binge.
Mexican President Pena Nieto said an energy reform package will generate 150 billion U.S. dollars over the next four years, local press reported Wednesday.
Xinhua published a commentary on Thursday on China's economic performance in the first seven months under the leadership of the Communist Party of China (CPC).
Italian constitutional reforms has entered a decisive phase this week, with the Senate assembly expected to receive the draft law between Wednesday and Thursday and thus begin discussing the future shape of the country.
The Chinese State Council, the country's cabinet, has issued a guideline to boost healthcare reforms this year.
Based on China's newly announced economic growth target, the country's GDP is projected to top 10 trillion U.S. dollars by 2014. This is the third consecutive year that the government has put the goal at 7.5 percent.
Lithuania is seeking to join the euro area from 2015, Jeroen Dijsselbloem, president of the Eurogroup, announced here on Monday.
Though the gains on the last trading day of 2013 did not reverse the losing trend of the Chinese stock market in 2013, a rebound in 2014 is expected as the country deepens reforms.
Lessons have been learned since the U.S. housing bubble burst and progress has been made in identifying problems sooner.
A four-day key meeting of the 18th Central Committee of the Communist Party of China ended Tuesday with a communique revealing the Chinese leadership's long-term goals.
No systematic and regional risks from financial reforms at China's first experimental free trade zone (FTZ) will be allowed, a top Shanghai official said in a recent interview.
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