Bloomberg As Greece attempts to clear another hurdle on the road to passing the next bailout review, the bond market is already delivering a positive verdict. The country’s 10-year sovereign bonds had their best week since August, pushing the yield on the securities to the lowest this year. More austerity is in the cards as the government drafts legislation ...

  Germany / AFP German auto giant Volkswagen announced it is giving its staff a €3,950 bonus for 2015, despite suffering huge losses due to an emissions-cheating scandal which sent shockwaves through the industry. The pre-tax premium — less than the €5,900 handed out for 2014 — comes after VW also revealed huge bonuses for top executives last month, sparking ...

  Caracas, Venezuela / AFP Embattled Venezuelan President Nicolas Maduro declared a three-month state of emergency late Friday to face “threats from abroad,” as his emboldened opposition geared for a vote to oust him from office. In an address to the nation, Maduro said he had signed a new state of emergency decree “to neutralize and defeat foreign aggression,” which he ...