Wednesday, September 3, 2014
French President Francois Hollande and Mario Draghi the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation, French officials said.
The EU should convert a whole spectrum of television and radio frequencies for use by mobile broadband by around 2020 as smartphone use soars, a report said on Monday.
Monday, September 1, 2014
Financial markets are looking to the European Central Bank to open the cash floodgates next week after consumer price data showed the 18-country eurozone is flirting with deflation, analysts said.
The latest models gleam at the Moscow car show, but Russian sales have dropped because of the Ukraine crisis and the shine has gone off a key growth market.
Saturday, August 30, 2014
Eurozone inflation fell to 0.3 percent in August, raising the dangers of deflation and also pressure on the European Central Bank (ECB) to open up the cash floodgates, data showed on Friday.
Friday, August 29, 2014
Unemployment in crisis-hit France struck a new high in July, official statistics published Wednesday showed, in another blow for the deeply unpopular President Francois Hollande.
Thursday, August 28, 2014
Britain's bailed-out Royal Bank of Scotland (RBS) has been fined 14 million pounds for not taking enough care to explain to home-buyers the costs of taking out a mortgage, regulators said on Wednesday.
Wednesday, August 27, 2014
The Russian government has approved injecting 239 billion rubles (US$6.6 billion, 5 billion euros) into two of the country's largest, state-controlled banks that have been hit with Western sanctions.
Tuesday, August 26, 2014
A fall in business confidence in Germany has added to the troubling signs about the European economy as speculation grows that the European Central Bank (ECB) may take further action to keep the recovery from stalling completely.
Monday, August 25, 2014
Shoppers risk paying more for their olive oil this year as a drought in Spain and a blight in Italy wither trees in the two top producers, driving up prices.