Latest from International Monetary Fund

Moody's downgrades Greece

Bailed-out Romania seeks $8.8b emergency fund loan

<i>William Pesek</i>: Indonesians see red over the cost of chilli peppers

<i>Mark Lister</i>: And the top 10 predictions for 2011 are...

Tightening the continent's belt by several notches

Finance ministers from the eurozone are meeting to consider the issue of bailouts for debt-ridden countries.

<i>William Pesek</i>: World finance shifts on its axis

Euro falls as debt worries resurface

<i>Dollar Outlook:</i> Kiwi faces heavy start to 2011 against greenback

The New Zealand dollar faces pressure in its first full week of trading in 2011 as support for the greenback is bolstered by upbeat US data and renewed fears about European debt.

Eurozone austerity may not end debt crisis

Dubliners flock to protest against price of EU bailout

More than 100,000 people took to the streets of Dublin yesterday to protest against severe austerity measures.

EU's rescue fund can be boosted - banker

Ireland's rating slips two points

'Lame-duck' PM loses support but drafts new budget

Irish PM staring down the barrel

Irish Prime Minister Brian Cowen is clinging to the reins of power in Dublin.

NZ dollar drops near 77c after S&P move

Eurozone future not bright, despite Irish rescue

Ireland's travails may be short-lived, but the eurozone's future is not looking good.

Euro-zone troubles linger on world markets

Europe will lurch from crisis to crisis until currency is split