World economy

Austerity and poverty in Greece: more that meets the eye

Don’t just blame austerity, says policy adviser Manos: Greece’s welfare state has for years been the worst in the OECD at tackling poverty. And it isn’t alone. Estonia, Malta and the Czech Republic have similar levels of food poverty as Greece’s among households with dependent children.

Autumn of changes in China

China has started its leadership transition. The successors Xi Jinping and Li Keqiang face the great challenges posed by the economic model they’ve inherited. Amid a severe economic slowdown, fresh figures released in October suggest that Chinese economy is nevertheless stabilizing.

Europe’s Chinese affair

From | Debt-burdened Europe has stretched its diplomatic links to China authorities a never before. Whether the EU wants to tap its rich-in-cash economy or improve trade relations, Beijing seems to hold the strongest cards.