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Thursday, June 11, 2015
Portugal shows finances to set apart from Greece
As Greece teeters on the brink of possible default, another bailed-out eurozone nation, Portugal, is showing off its relative economic health seeking to set itself apart from the Greek crisis.
Tuesday, June 9, 2015
European financial giant Deutsche Bank announced Sunday its co-chief executives are stepping down as the banking group faces a wave of scandals and has failed to meet profit targets this year.
Monday, June 8, 2015
Cyprus announced on Sunday that offshore reserves in its Aphrodite gas field have been pronounced commercially exploitable, the first such development in four years of energy exploration.
Companies, banks and investment funds, primarily European, have been coming out in recent weeks with announcements they will halt investments in coal, a new front in efforts to reduce use of the highly polluting fuel that faces a battle against the hunger for power in emerging markets.
Saturday, June 6, 2015
Economic growth in Germany has picked up faster than expected thanks to low unemployment, higher wages and the weak euro, raising forecasts for the coming years, the German central bank, or Bundesbank, said on Friday.
Thursday, June 4, 2015
An Irish construction company announced Wednesday it would list on the London Stock Exchange to raise funding to deliver new homes as strong demand returns to the Irish property sector.
Wednesday, June 3, 2015
Charles Kennedy was a rare thing -- a genuinely popular British politician -- and brought his Liberal Democrat party record success before his leadership was cut short by alcoholism.
The number of people registered as unemployed in Germany is lower than it has been since December 1991, as recovery in Europe's biggest economy continues, data showed on Tuesday.
Tuesday, June 2, 2015
The IMF said Sunday it has lowered its growth forecast for Ukraine's war battered economy to minus 9 percent, due in large part to "the unresolved conflict in the East."
Monday, June 1, 2015
Russian Foreign Minister Sergey Lavrov needs to explain why 89 European politicians have been banned entry into Russia and confirm their names, an opposition lawmaker requested Sunday in a formal complaint.
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