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Saturday, March 15, 2014
Spain reported Friday its public debt soared to a new record high in 2013 despite a slew of budget-cutting measures, ballooning to nearly 94 percent of the economy's entire annual output.
Spain slashed its trade deficit by nearly a fifth year-on-year in January as strengthening exports by Spanish firms boosted a timid recovery in the eurozone's fourth-biggest economy, the government said.
Thursday, March 13, 2014
Europe IT firms seize opportunity from spy scandal
European IT security firms have flocked to the world's biggest high-tech fair with hopes of benefiting from the fallout from shock revelations of mass U.S. and British spying.
Bank of England Governor Mark Carney on Tuesday sought to shield his institution from being dragged further into a global scandal over the alleged manipulation of foreign exchange markets.
Tuesday, March 11, 2014
UK, Germany plan partnership for 5G  network: Cameron
Britain and Germany will team up to work on developing the next super-fast mobile network, 5G, British Prime Minister David Cameron told the opening of the world's biggest high-tech fair Sunday.
German IT eyes '14 growth, lags behind
The German IT and communications sector is set to return to growth in 2014 driven by smartphones and tablet computers but still trails a booming global market, an industry lobby said Sunday.
Monday, March 10, 2014
Six months before Scotland votes in a referendum on whether to become independent from the rest of Britain, major companies are going public on their plans whatever the outcome.
Friday, March 7, 2014
The International Forum of Sovereign Wealth Funds (IFSWF) announced on Wednesday that it is switching its headquarters from Washington to London.
Thursday, March 6, 2014
Automakers casting wary eye toward Russia
Growing tensions over Ukraine have raised the specter of another slowdown in the European auto market, just as carmakers were beginning to count on a modest recovery from a six-year contraction.
Wednesday, March 5, 2014
Cyprus's parliament passed a controversial privatization bill Tuesday hours before a deadline to receive the next tranche of a 10-billion-euro (US$13.8 billion) international bailout. Following the vote, Nicosia can now expect to receive 230 million euros in rescue aid.
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