Saturday, December 14, 2013
Three years after going cap in hand to international lenders to avert bankruptcy, Ireland has officially ended its bailout in a landmark for the eurozone's efforts to resolve its debt crisis.
Friday, December 13, 2013
EU nations agreed new rules for bank bailouts or “bail-ins” late Wednesday, to save taxpayers from paying for the rescue of ailing financial institutions, an official said.
Thursday, December 12, 2013
EU finance ministers agreed Wednesday to meet again next week to finalize details of a “Banking Union” meant to prevent failing banks from ever again wrecking the economy.
The German economy, Europe's biggest, will continue to grow moderately in the final quarter of this year, the economy ministry predicted on Wednesday.
Wednesday, December 11, 2013
EU labor ministers gave initial approval on Monday to tougher rules on employing cheap temporary workers from eastern Europe and elsewhere, responding to political unease at a time of record joblessness.
A French commercial court ruled on Monday that e-cigarettes qualify as tobacco products and should only be sold by registered tobacconists.
Tuesday, December 10, 2013
Wages in Britain grew at their fastest rate in six years during November, a labor market survey indicated on Monday, providing a rare signal that a long-term decline in real incomes is being checked by a return to economic growth.
Most of Europe's big banks shed risky assets in the quarter to September, but they have yet to take extra provisions against doubtful loans to show they have put the financial crisis behind them in time for a critical review by regulators.
Germany's trade surplus contracted in October as imports grew faster than exports, falling to 16.8 billion euros in October from 18.7 billion euros in September, official data showed on Monday.
France should post economic growth of 0.5 percent in the last quarter of this year, the central bank said Monday, citing a “clear” rise in manufacturing and deliveries in most sectors.