Friday, July 11, 2014
The Vatican on Wednesday named a French businessman to head up its scandal-plagued bank as part of a radical overhaul of the Holy See's economic framework ordered by Pope Francis.
Wednesday, July 9, 2014
A summit aimed at creating half a million badly needed jobs in France got off to a rocky start on Monday, with two major labour organizations saying they would boycott the event.
Germany plans to introduce a car toll that seeks to make money from the millions of foreigners who drive through the country every year, the transport minister said Monday.
Monday, July 7, 2014
London's century-old gold price fixing, tainted by a rigging scandal and attacked by critics as old-fashioned, goes under the spotlight this week in key talks aimed at modernizing the process.
Friday, July 4, 2014
The European Central Bank (ECB) held its key interest rates unchanged at its regular policy meeting Thursday, just a month after easing monetary conditions in the 18-country euro area.
Thursday, July 3, 2014
Spain's unemployment line shrank in June as the economy slowly recovered after emerging in mid-2013 from a two-year recession, the government said Wednesday.
Wednesday, July 2, 2014
The number of unemployed people in the 18 eurozone countries declined fractionally in May, but not enough to bring down the jobless rate, which remained at 11.6 percent compared with a month earlier.
Tuesday, July 1, 2014
Eurozone inflation is still stuck at the lowest levels since the financial crisis, new data showed on Monday, highlighting the threat of deflation but analysts say the European Central Bank (ECB) is unlikely to ease policy further this week.
An independent Scotland could have a disproportionately large banking sector compared to its economy, leaving it vulnerable to financial shocks, according to a study by The Banker magazine released Monday.
Brussels gave the green light for Bulgaria to set up a “precautionary” credit line of 1.7 billion euros (US$2.3 billion) on Monday to stop a run on two of its banks from turning into a full-blown crisis.