Monday, October 28, 2013
Finland's image as an island of fiscal virtue in an ocean of European profligacy has eroded to the point that many ask if it can keep its stellar credit rating.
Saturday, October 26, 2013
The Bank of England will provide easier credit to the country's banks to help them cope with the scaling back of current liquidity measures, governor Mark Carney announced Thursday.
Friday, October 25, 2013
Eurozone business activity slowed in October, coming off a 27-month high in September to highlight concerns the economy is recovering only slowly from recession, a survey showed on Thursday.
Thursday, October 24, 2013
Spain escaped from its two-year recession in the third quarter of this year with timid growth as job destruction eased, the country's central bank said on Wednesday.2 Comments
The European Central Bank said on Wednesday that it will start next month to “stress-test” and examine the balance sheets of 124 eurozone banks in advance of assuming its supervisory role.
Bank of England policymakers recently voted unanimously to maintain record-low interest rate and the amount of cash stimulus for the improving British economy, minutes showed on Wednesday.
Tuesday, October 22, 2013
French energy giant EDF said on Monday it had clinched a deal worth 16 billion pounds (US$26 billion) to build Britain's first new nuclear plant for a generation, with Chinese backing.
Monday, October 21, 2013
While growth and recovery are back as buzzwords in European budgets for next year, rigor and austerity still remain hard at work in several countries.
Saturday, October 19, 2013
Spain will renew a bonus scheme for drivers to trade in their old cars to boost a sector that is helping drive an economic recovery, the government said on Thursday.
Friday, October 18, 2013
Germany's top economists say the country is heading for a budget surplus next year, and urge the government to put it to use.