BRUSSELS | Tue Mar 13, 2012 5:43am EDT BRUSSELS (Reuters) – The package of new financing, debt restructuring and reforms can put Greek debt on a sustainable path, but Athens will have to stick to good policies until 2030 to make it work, an updated debt sustainability analysis by international lenders showed. The analysis, prepared [...]

By Lucia Mutikani WASHINGTON | Thu Mar 1, 2012 2:59am EST WASHINGTON (Reuters) – The economy grew slightly faster than initially thought in the fourth quarter and a gauge of factory activity in the Midwest hit a 10 month-high in February, pointing to underlying strength in the economy. Gross domestic product expanded at a 3 [...]

The UK economy shrank by 0.2% in the last three months of 2011, official GDP figures have revealed. It is the first quarter of negative growth for a year and the fall was slightly more than expected. The contraction marks a sharp slowdown on the 0.6% rise in the previous three months of 2011, fuelling [...]

Putting aside for the moment the political considerations, I think the framing of the fiscal challenge is relatively straightforward. Even under CBO’s very conservative current law scenario (which assumes such things as a sharp reduction in Medicare payment rates to physicians, a cessation of the perennial patches of the Alternative Minimum Tax, and the expiration [...]