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Getting Europe out of its mess

In countries as disparate as Greece and Britain, more burdensome taxation and reduced public services - ostensibly to pay down debt - have resulted in a return to recession.

EU leaders cautiously optimistic about 2013

Eurozone crisis 'far from over': Merkel

German Chancellor Angela Merkel said Monday that the eurozone debt crisis is "far from over" and the economic environment of next year will be more difficult.

Europe's debt woes worry G20

Leading world economies pressed the United States to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called fiscal cliff is the biggest short-term threat to global growth.

EU debt crisis is a snake with nine heads

Eurozone woes hit telecoms

Chinese telecom companies will encounter difficulties in Europe in the short term because of economic uncertainties and political risks, analysts said.

Greece is 'gateway for China'

Greece must stay in the eurozone and maintain close ties with China to overcome the debt crisis.

EU leaders agree on $150b growth package

European leaders agreed on a growth package of 120 billion euro ($150 billion) to stimulate the economy at their two-day summit.

EU must get firm grip on debt crisis

China urged Europe and the upcoming G20 summit to reach a "timely" and "decisive" consensus to prevent the European financial crisis from spreading.