Global Economy: The latest international economy headlines and analysis from the Financial Times

Highlights

EU ECONOMY 12:19pm

Greece and lenders fall out over firings

‘Troika’ leaves Athens without deal on civil service staff cuts

From US ECONOMY 1:41pm

US jobless average falls to five-year low

Fears that employment pickup may be cut short by budget cuts

From WORLD 8:55am

Australian employment soars

Low rates and rising asset prices fuel economic pick-up

From WORLD 3:34pm

EU leaders meet amid austerity debate

North-south divide continues over austerity versus growth

Global Market Overview from MARKETS 4:01pm

Stocks firm as traders eye S&P record

US economic data underpin bullish mood

Martin Taylor

Beware monetary experimentation even though many economies remain persistently weak

Analysis

Women hold empty kerosene containers while queuing at a local ration shop, Mumbai, India

©Bloomberg

India’s attempt to replace subsidies with direct transfers is struggling to make an impact

From WORLD 2:46pm

EU court deals blow to Spain’s eviction law

Bloc’s highest court rules regime incompatible with EU rules

EU ECONOMY 11:01pm

Germany defies calls for stimulus

Plan to cut spending and balance budget revealed

Editorial Going for growth
German balanced budget aim proves divisive

From UK ECONOMY 12:58pm

Mortgage lending powers ahead

Strong figures suggest BoE scheme is helping housing market

Haruhiko Kuroda, president of the Asian Development Bank (ADB), smiles during an interview in Tokyo, Japan, on Monday, Feb. 11, 2013

©Bloomberg From WORLD Mar 13, 2013

Kuroda urged to plan for BoJ board games

New governor will need to build consensus at central bank

Finance ministers seek Cyprus bailout pact

Deep divisions remain among eurozone officials

Multimedia

Video

Can Enrique Peña Nieto, Mexico’s new president, boost growth?

Nick Butler

An employee adjusts a valve at the OAO Gazprom gas compressor facility in Volokolamsk, Russia

Video

Ladbrokes, the gambling group, plays catch-up via a deal with Playtech

March 14 data

Country	Data	Estimate	Actual
India	Inflation (wholesale price index)	6.54%	6.84%
Australia	Unemployment	5.5%	5.4%
Finland	Inflation MoM	0.5%	0.6%
Spain	Retail sales YoY	-11.1%	-10.2%
US	Initial claims	350,000	332,000
	Producer Price Index MoM	0.5%

Highlights

‘Troika’ leaves Athens without deal on civil service staff cuts

Fears that employment pickup may be cut short by budget cuts

Low rates and rising asset prices fuel economic pick-up

North-south divide continues over austerity versus growth

US economic data underpin bullish mood

Bloc’s highest court rules regime incompatible with EU rules

Plan to cut spending and balance budget revealed

Strong figures suggest BoE scheme is helping housing market

New governor will need to build consensus at central bank

Deep divisions remain among eurozone officials

More stories

March 14 data

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