In March 2012, Spain and Greece passed an unenviable landmark of 50% youth unemployment. That means there were more Spanish and Greek workers under 25 without a job than with one. Six months later, it ...

Greece suffered another humiliating blow on Wednesday night when credit rating agency Moody's downgraded its rating on Greek bonds even further into junk status. Here, we take a closer look at the ...

Mecklai graph of the day - Is Spain heading the Greece Way? As it can be seen from the below chart, the cost of insuring against default on Spanish sovereign bonds rose to a record high as the ...