Thursday, January 2, 2014
Latvia's Prime Minister Valdis Dombrovskis symbolically withdrew a crisp 10 euro note as fireworks lit up the capital Riga after midnight Wednesday, ringing in the New Year and his country's entry into the troubled eurozone.
Home improvement stores will be allowed to open on Sundays, France said Tuesday, after a fierce debate over the country's strict laws on trading on the traditional day of rest.
A third straight year of financial austerity awaits Portugal after the bailed-out country's president signed the 2014 national budget into law.
Tuesday, December 31, 2013
France's Constitutional Council gave the green light on Sunday to the government's controversial “millionaire tax,” to be levied on companies that pay salaries of more than 1 million euros (US$1.38 million) a year.
The securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as “captives,” whose business model has come under regulatory radar, the Wall Street Journal reported.
The European Central Bank's president says Europe's economy is showing encouraging signs though the crisis isn't yet over — and he says he has faced “perverse angst” among Germans, whose country is the eurozone's most powerful member.
Monday, December 30, 2013
The eurozone is finally set to return to growth in 2014 but the single currency bloc may not have put its crisis behind it as efforts to shore up its banks could boomerang.
France's top court Sunday approved a proposal for companies to pay 75-percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.
After Latvia, Lithuania is aiming to join the eurozone in 2015, completing a Baltic embrace of Europe's troubled single currency, but other nations in the region are in no rush to adopt it.
Friday, December 27, 2013
A decade ago, with Slovenia cruising towards membership in the European Union, a local brewery called Union caught the eye of Belgian beer giant Interbrew.