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Saturday, November 8, 2014
Germany plans an additional 10 billion euros (US$12 billion) in public investment by 2018, its finance minister said Thursday, amid calls by some EU partners to do more to help the eurozone economy.
Friday, November 7, 2014
The European Central Bank has kept its main interest rate unchanged at a record low of 0.05 percent, leaving investors waiting for President Mario Draghi's news conference for hints about whether the bank will ramp up its stimulus measures.
Thursday, November 6, 2014
Further evidence emerged Wednesday to suggest the 18-country eurozone is more likely to sink back into recession than stage a strong rebound, adding pressure on the European Central Bank (ECB) to enact a further stimulus in the months ahead.
Monday, November 3, 2014
ECB set to sit tight on rates despite moribund economy
The European Central Bank is likely to hold fire on new policy moves Thursday and leave a series of radical recent measures to take their course, despite pressure over a weak economic recovery, analysts say.
Saturday, November 1, 2014
Inflation crept higher in the 18 countries that use the euro in October — but the rise to an annual 0.4 percent offered little relief to the European Central Bank (ECB) as it tries to boost a weak economy.
Friday, October 31, 2014
Fifty-one countries have signed an agreement to share financial data and boost efforts to crack down on tax evasion.
Thursday, October 30, 2014
Europe's battered financial sector is showing further signs of healing as conditions for bank loans ease and demand for loans picks up, a key European Central Bank (ECB) survey showed on Wednesday.
The finance ministers of around 50 countries meet in Berlin on Wednesday to sign a deal they hope will put an end to banking secrecy and aid the worldwide fight against tax fraud and evasion.
Wednesday, October 29, 2014
Crisis-hit France, which has come under fire from the European Union for breaking the bloc's spending rules, announced “new measures” and “clarifications” to its budget Monday to reduce its deficit by 3.6 billion euros (US$4.6 billion).
Britain headed for a showdown with the European Commission on Monday as Prime Minister David Cameron brushed off an EU payment demand despite warnings he must pay up or face fines.
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