Friday, December 6, 2013
Moody's raised its rating outlook for Spain to “stable” from “negative” Wednesday, citing signs of real improvement in the economy and government finances.
Britain is likely to raise the state pension age to 68 in the mid-2030s, a decade earlier than previously expected, to offset the impact of improving life expectancy, the government said, as it seeks to cut its pension bill.
Bank of Ireland (BoI) raised 580 million euros (US$788 million) through a share sale as part of a milestone deal to repay 1.9 billion euros to the state, handing the government a timely financial boost.
Tuesday, December 3, 2013
French auto sales slid by 4.4 percent in November in unadjusted terms, with 11-month sales down by 7.1 percent, according to industry association data released Monday.
Falling export demand dented Germany's key mechanical engineering sector in October, the VDMA industry federation said Monday.
Monday, December 2, 2013
A year after fleeing Spain as its economy tottered on the brink of a full-blown sovereign bailout, foreign investors are coming back.
Slovak electrician Michal is not the gambling type, but twice a month he holds his breath during a lottery draw in the hopes of winning thousands of euros or a new car.
The European Central Bank, which recently cut its interest rates to all-time lows, finds itself in the spotlight at its final meeting of the year Thursday to disperse the specter of deflation.
The Icelandic government said Saturday it would write up to 24,000 euros off the mortgage of every household, making good on an election campaign promise despite international warnings over the plan.
Saturday, November 30, 2013
A British IT worker has launched a frantic search of a landfill site after realizing he accidentally threw away a computer drive holding US$7.5 million (5.5 million euros) in the online currency bitcoin.