Saturday, April 20, 2013
The eurozone's current account surplus widened to 16.3 billion euros (US$21.3 billion) in February from 13.8 billion euros in January, European Central Bank data showed on Friday.
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Friday, April 19, 2013
France presented Wednesday a plan to get its public deficit back under the EU limit by 2014, having decided to let debt grow further as it tries to jumpstart a sputtering economy.
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French retail giant Carrefour reported on Thursday a 7.5-percent drop in 2013 first-quarter sales compared with the same period a year earlier, as European gloom and unfavorable foreign exchange rates erased a contribution made by growth in emerging markets.
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Thursday, April 18, 2013
PSA Peugeot Citroen and Toyota led European car sales 10.3-percent lower in March, as the unrelenting market contraction spread north, unnerving automakers.
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Tuesday, April 16, 2013
After a bungled bailout of Cyprus, the recession-stricken eurozone will stand out for the wrong reasons when finance ministers meet in Washington this week to run the rule over the global economy.
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A spokesman for the European Union's antitrust body says Google has submitted proposals to address concerns that it is dominating the online search and advertising markets.
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French media group Lagardere said Monday it made a capital gain of 1.8 billion euros (US$2.35 billion) for the sale of a 7.4-percent stake in the European defense and aerospace company EADS.
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The 17-nation eurozone posted a trade surplus of 10.4 billion euros (US$13.6 billion) after recording a revised deficit of 4.7 billion euros in January, Eurostat said Monday.
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Monday, April 15, 2013
An inspection team of international lenders has finished its review of Greece's austerity program, paving the way for another 10-billion-euro aid payment, a source with knowledge of the talks said on Saturday.
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Bankers are confident they can persuade the European Union that its proposed financial trading tax poses enough risks to struggling economies and banks to warrant being watered down.
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