Thursday, September 11, 2014
France's finance minister says the country will miss the European Union's deficit target for three more years and he is lowering growth projections for this year and next.
Italy's economy will register “around zero” growth over the course of 2014, Prime Minister Matteo Renzi admitted on Tuesday.
Tuesday, September 9, 2014
London property is hotter than ever, with Asian investors — especially those from Singapore and Hong Kong — and increasingly confident British buyers snapping up units, consultants say.
The outlook for the German economy, Europe's biggest, brightened on Monday when data showed the country's trade surplus hit a new record in July on the back of booming exports.
British trade union bosses said declining living standards will be the battleground for next year's general election after lashing out against the government's austerity measures at their annual conference this week.
Jerome Kerviel, the French rogue trader who brought one of Europe's biggest banks to the verge of ruin with nearly five billion euros in losses, left prison Monday after winning conditional release.
Monday, September 8, 2014
The Cypriot parliament adopted Saturday a controversial bill to streamline bank foreclosures of bad debts, clearing the way for international lenders to release the next tranche of a 10 billion euro loan.
Friday, September 5, 2014
The European Central Bank (ECB) surprised financial markets on Thursday with a new cut in key interest rates and an asset purchase scheme to ward off deflation in the single currency area.
German industrial orders, a key measure of demand for German-made goods both at home and abroad, jumped in July, suggesting the fallout from the Ukraine crisis remains limited for now, data showed on Thursday.
Thursday, September 4, 2014
Growth in Switzerland has ground to a halt, official data showed Tuesday, suggesting that while the wealthy Alpine nation has survived years of European financial turmoil relatively unscathed, weakness in the eurozone has begun to rub off.