INTERNATIONAL MONETARY FUND

Office for Budget Responsibility improves outlook for UK economic growth but critics say it is too optimistic in face of increasing global competition.

Sostis, a 60-year-old former sailor is the only human inhabitant of the volcanic islet of Palaia Kameni located in the caldera of Santorini.

Is actor's accusation of French smugness and arrogance a true reflection or playing to national stereotypes?

Markets jumpy amid fears Greece will fail to secure debt haircut deal with private investors to get another IMF bailout.

Iceland's former prime minister on trial for gross negligence in ignoring warning signs over looming crash.

Collective repeats attack on Greek website after three hackers arrested..

Ex-IMF head back in spotlight following arrest in high-class vice ring probe.

Karolos Papoulias sacrifices wages as bailout rests 'on knife edge'.

Greek parliament accepts stringent financial austerity package, slashing jobs, pay and pensions and sparking riots across country.

Thousands of striking workers engaged in running battles with police in protest against austerity measures.

Three days after deadline, Greek leaders reach deal on austerity plan that will unlock €130bn (£109m) bailout.

Source claims coalition partners on verge of snatching Greece out of danger zone of default and eurozone expulsion.

According to a report in the Telegraph, about a year ago, the Indian government said they wished to "voluntarily" give up aid from the UK, worth approximately £280 million a year. The Mirror quotes unnamed Indian ministers as saying the aid was "peanuts".

Anonymous' hackers accessed the website of Greece's justice ministry, posting a message of protest against the EU and IMF-inspired austerity policies.

How much money did each of us make in 2011? The chances are, no matter how much each of thought we made, it would have been peanuts compared to the big bucks that CEOs, Presidents of the Board and company Directors would have pocketed! Then consider the fact that median annual wages in the U.S. fell (for 2010) to $26, 364 (the lowest since 1999) and average wages in the UK (for 2011) were £25,900 (a miniscule ...

Crumbling sanitation and water infrastructure blamed for sharp spike in typhoid as 50 new cases a day reported.

The IMF has warned the eurozone is in serious risk of spreading its toxic economy worldwide unless it is dealt with “decisively”.

Wife of Disgraced Dominique Strauss-Kahn launches French version of Huffington Post.

In response to anti-government protests last week, the Romanian government reinstated deputy health minister Raed Arafat on Tuesday.

The eurozone debt crisis is back in full swing after talks between the debt laden Greek government and its private creditors collapsed just before the weekend.

Ireland had a rather gruelling year in 2011 with the Minister for Finance, Fine Gael's Michael Noonan, capping it in early December 2011 with the country's fourth austerity Budget in a row. Aiding Mr Noonan in this somewhat unpleasant if necessary task, was his Labour, Coalition partner, Brendan Howlin.