Portugal embraces ‘sweeping’ reforms

As much of Europe braces itself for a tough future, Portugal has implemented a set of changes targeting greater output

Investors flock to build Kyrgyzstan

Money from abroad is expected to curb the republic’s ailing infrastructure and turn the economy around

An all-time high

Russia is struggling to deal with the repercussions of a deep-rooted heroin culture. The government’s ban on Methadone is arguably making things worse

The rouble’s clouded horizon

The rouble faces a tough time as inflation erodes returns, capital outflows surge and the central bank slackens its reins

Lashkar-e-Taiba cadres sucked into al Qaeda

David Headley joined Lashkar-e-Taiba (LeT), but ended up targeting Denmark for al Queda

China offers to help Portugal, silent on debt

China will back Portugal’s efforts to deal with fallout from the world financial crisis, President Hu Jintao says

Estonia: Russia ties recovering

Ties between Estonia and Russia have recovered from lows of a few years ago, but are still a long way off

Italians decide to reject going to work

Italians give up looking for work, as economy implodes on a mass scale, women appear to be suffering worst

Workers defiant as bailouts mount

Two decades after they helped overthrow communism in eastern Europe, shipyard workers in Poland’s Solidarity are ready to fight for the right to share the subsidies that have bailed out businesses in the West

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French Socialists censure government over economy

The pressure is on Sarkozy as social unrest continues to threaten government economic policy

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The Cyprus problem

In Cyprus the fact that once again reconciliation talks seem to be going nowhere should surprise no-one familiar with the thorny complexities of the island’s problem, or the long, bitter memories of this island’s inhabitants

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A social time bomb

Tensions mounting between native job-seekers and immigrants competing for a declining pool of work in Spain will intensify in 2009 as generous benefits for those laid off reach the end of their fixed terms

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The new rust belt

Heavy industries across eastern Europe, once the beacons of communist “planned economies”, survived the collapse of communism 20 years ago but may not live to see the end of the current economic crisis