The International Monetary Fund has approved a two-year $17.1 billion loan package for Ukraine. The immediate disbursement of $3.2 billion will allow Ukraine to avoid a potential debt default. The IMF’s 24-member board agreed to the two-year program to aid Ukraine’s troubled economy on Wednesday. The approval gives the green light for the immediate release of $3.2 billion to Ukraine, which will... 

Greek protesters shout slogans during a demonstration outside the parliament in Athens on March 30, 2014. Thousands of people in Greece have held a protest rally outside the parliament in the capital Athens against government’s austerity measures. Over 12,000 people rallied in the capital on Sunday ahead of the parliament vote on a bill for fresh international loans. Lawmakers are expected to approve... 

Thousands have taken to the streets throughout Greece to protest the drastic budget cuts proposed by the government. In Athens some 2,000 pensioners marched through the city to protest newly introduced pension cuts. It was announced that those who earn more than 1,000 euros a month will have 10 percent of their pensions axed. This is despite a 25 per cent cut over the last two years. “They have...