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Tuesday, June 17, 2014
Bulgaria's foreign minister says Cyprus could supply his country and other central European nations with natural gas to lessen the region's heavy dependence on Russian deliveries.
Monday, June 16, 2014
The small- and mid-sized companies that form the backbone of the German economy are increasingly being snapped up by foreign — and predominantly Chinese — investors as the families that run them find no suitable heirs to pass their businesses on to.
Saturday, June 14, 2014
Britain's finance minister George Osborne has unveiled measures aimed at curbing London's surging house price inflation, as the Bank of England stands ready to finally raise interest rates.
Wednesday, June 11, 2014
The U.S. Supreme Court refused Monday to take up tobacco industry appeals over more than US$64 million in damages awarded to former smokers for health problems resulting from their addiction.
Monday, June 9, 2014
Mario Draghi took another great step this week in leading the eurozone, including the reluctant German Bundesbank, into the world of negative interest rates, showing for the second time that he is a central banker with the magic touch.
Mario Draghi shows he's the daring central banker with the magic touch
Saturday, June 7, 2014
The German economy, Europe's biggest, will book slower growth in the second quarter, after a robust start to the year, but the recovery remains intact, data showed on Friday.
Friday, June 6, 2014
The European Central Bank (ECB) on Thursday entered into unchartered territory in its battle against deflation, taking one of its key interest rates into negative territory for the first time.
The outlook for the German economy, Europe's biggest, is looking brighter for the second quarter following a surprise jump in industrial orders, data showed on Thursday.
Wednesday, June 4, 2014
France must do more to cut budget deficit: EU
The EU warned France on Monday that its efforts to cuts its budget deficit were only partly on track and it would have to do much more to free up the struggling economy.
Europe faces a “serious” threat to its energy supply as a slump in gas demand could see almost 30 percent of production capacity shut in the next two years, industry lobby group Cedigaz said Monday.
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