Greece predicts deeper 2012 recession

Greece predicts deeper 2012 recession

Greece is predicting its economy will shrink by much more than previously estimated this year.   Its economy will contract by 6.5% this year, worse than a previous estimate of 4.8% in March suggested to…


Hungary plans slot machines gambling ban

Hungary’s government has announced a ban on slot machines in pubs and cafes in an effort to clamp down on gambling.   New laws put forward by the prime minister’s office bans slot machines outside…



Eurozone unemployment at fresh high

    Unemployment in the eurozone hit a fresh high of 18.2 million in August, the EU statistics agency has said.   The number out of work rose by 34,000, but after the July data…